Word: postseason
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World War II didn't cancel the World Series. An earthquake in 1989 also didn't. Nothing since the first decade of the century has postponed the postseason, but now the collective greed of both sides has killed the Fall Classic...
Then again, it's just as well that the owners voted to cut out the playoffs last week--everyone should know that the only reason the strike would have been settled would have been so that they could collect the massive television revenue that the postseason generates...
...worst chance belongs to the football team, because Ivy teams don't go to postseason playoff games. Something about academics, I think...
...chosen as the strike date by a player vote to give the union maximum leverage. As employees, the players had already received more than two-thirds of their 1994 salaries. But the owners earn almost all their national-TV revenues during the September pennant races and the October postseason. (The broadcast rights to the play-offs and the World Series alone were projected to bring in $180 million.) The owners had just launched their experimental Baseball Network on ABC and NBC with the mid-July All-Star Game. Early TV ratings were higher than expected. To hype fan interest...
...network-TV money comes in October, when eight teams will compete in postseason play. To sign a contract in time for that windfall, both sides apparently are willing to eat a couple of weeks' worth of games in August. They want to save the play-offs -- make that the payoffs -- even if it means wrecking the season...