Word: caps
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...committee also discussed a proposed cap on the number of courses required for a joint concentration...
...light of these trends, it would seem logical for major league baseball to install a salary cap similar to the ones used by professional football and basketball. Many baseball owners favor some sort of cap on player compensation, and a proposed salary cap was a major reason for the strike which shortened the 1994 and 1995 seasons...
...course, the players' union opposes a salary cap, but, as the installation of them in other major sports has proven, this obstacle is not insurmountable. The largest barrier is the resistance of a handful of owners. Whereas teams in smaller markets need to cut costs to survive, clubs playing in larger markets, such as the New York Yankees, the Atlanta Braves, the Los Angeles Dodgers, and the Baltimore Orioles, could only be hurt by a cap. These teams generate millions of dollars each year through lucrative television deals with their local cable companies, and they have a large fan base...
...future of baseball rests in the hands of a few powerful men. If the owners of baseball's few profitable franchises push for a salary cap, the small market teams can be saved. But, if men such as George Steinbrenner continue to revel in their ability to throw millions at top players of teams who can't afford to pay them, then salaries will continue to spiral upward and small market teams will be forced out. Someone should tell Mr. Steinbrenner and his cronies that assembling an invincible team is no fun when there is no one left to play...
...studios to get their money back. It's not an impossible mission. Paramount's Mission: Impossible grossed $422 million worldwide. Sony's Men in Black grossed $527 million. Despite Titanic's marathon running time (3 hrs. 14 min.), most industry observers think it has a chance. Paramount, with its cap, should see a profit while Fox is still praying to break even. Mechanic is resigned. "They have a better deal than we do," he says. "That's life...