Word: marketization
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Dates: during 1990-1999
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...since the revenue He provided for His individual team would not be commensurate with His playing abilities, there is no easy answer to how much He would be paid in a competitive market. Under a salary cap, as the only necessary player on a team, He would be paid whatever the cap is, and be available to all teams equally, regardless of market size...
...strategically would have to lose the appropriate number of games to maximize fan interest. Of course that would get him in trouble with Steinbrenner, since maximizing overall fan interest and maximizing the individual revenue of a big-market owner could not be more dissimilar goals...
...immortal, would be supremely interested in perpetuating the game of baseball. He would see the big market-small market dichotomy as unsustainable. Maybe He would support revenue sharing and, God forbid, a salary...
...since the revenue He provided for His individual team would not be commensurate with His playing abilities, there is no easy answer to how much He would be paid in a competitive market. Under a salary cap, as the only necessary player on a team, He would be paid whatever the cap is, and be available to all teams equally, regardless of market size...
George Soros was once the candy man for financial market high rollers; now he's looking to become Dr. Weil. The Financial Times reported Tuesday that Soros will close down his Quantum Emerging Market Growth fund and merge two other hedge funds in a move designed to change the tone of his Quantum group. "This is a sign that Soros plans to play it safe until the dust settles in the world economy," says TIME senior business reporter Bernard Baumohl. "He is consolidating his fund's investments under the control of Stanley Druckenmiller, who is a more cautious money manager...