MLB Luxury Tax Essay

Chapter II: Review of Literature Antitrust Laws      The antitrust law began when the United States Congress passed the very first antitrust laws in 1890. These laws were called the Sherman Act. The Sherman Act was a “comprehensive character of economic liberty aimed at preserving free and unfettered competition as a rule of trade.” These Laws existed for many years.

The MLB has discussed if they should expand the thirty teams in the league to thirty-two teams in recent years. This makes room for two cities to acquire a team to bring their city a new, exciting way to enjoy a night out in their city. Many cities have been fighting for one of these two spots, but one sticks out more than the rest. If the MLB wants to expand and have a successful franchise in a new city they need to view Charlotte as a strong candidate for many reasons, like the rapid growth of the city and the minor league success. Rob Manfred, the commissioner of the MLB, has even stated that he has looked at Charlotte as a strong possibility.

Baseball has been around in America since the 1800’s. The game has changed over the years, just as the world and people change too. The MLB brings in billions of revenue to the economy every year. Baseball fans will sit at the game for 3 plus hours to watch the games. Most people find baseball not interesting because it is too long.

It is extremely difficult for a state or city to say they want to start a professional baseball team, so there is no competition other then what they currently have. It is more of if you are willing to invest into a team right now like Tom Ricketts was then all you have to do is working with existing threats and competition. • Buyer Power- Sports fans are hardcore spenders and this is a proven fact. Any baseball fan will spend their money on other baseball products.

This downside is that professional athletes’ go broke faster than they are drafted into the leagues. Many professional players such as NBA and NFL players go broke due to career duration, overspending, family issues, and lack of financial knowledge. When trying to become a professional athlete, one must start playing sports as early as possible (Ferguson 34).Playing sports comes with many sacrifices. Athletes must commit time to practice and traveling. Moreover, they must spend money on equipment, clothing, and food (37).

Minor league baseball player train and practice for a long hour and non-stop for 60 to 70 hours a week and only get paid 1,100 to 2,150 a month per player. Critics may argue that they would have an opportunity to get into the major league from the minor league, but the chance of getting into the major league and how long it might take is too small to consider. The chance of getting

While some believe that athletes should have their own choice at making a decision to go pro straight out of high school, they should not do so because they will not be able to manage their million dollar contracts respectively. Speaking of contracts, the NBA should eliminate guaranteed contracts for rookies drafted in the first round of the NBA draft. They should do this because a careless high school kid, could just go into the draft not knowing, or caring on how much they are going to make, with the lack of experience on handling millions of dollars. This is very unrepsonsibible for a teenager, and not only for the high school athlete, but also for the basketball association as well. This is because of there noncommitment to have these players

It was a show of power several years ago when the Major League Baseball (MLB) players ' association went on strike in September just before the World Series started. The MLB player 's association had more power during September just before playoffs than they would have had at any prior time because this is the time where the owners would be financially impacted. This source of power was thanks to reward power which is the ability for employees (in this case the players) to have leverage of their boss (the owners) due to the ability to influence the owners pay as well as being able to influence fan perception. When the players strike there is the chance that fans will become disgruntled and not attend games will not watch as often, and

Should America implement a flat tax? According to Steve Forbes “For many years, people have said, ‘Make the rich pay more,’ and many politicians have said, ‘The rich people need to pay their fair share,’” (Forbes) but what do we think is really fair?

Just think your a college basketball player working hard and the top of your team it all good on the court but outside of basketball you are struggling to get money. A starting freshmen in college was tacked so hard in football the he was parlized. A college basketball player has most his or her time practicing for basketball. Most college basketball players have to skip classes for basketball. College basketball player should be paid because they put their bodies at risk, they don’t have money, and they skip classes for basketball.

When they do get injured and they still pay for it but it barely makes a dent in their wallet. MLB can me around 5 million if they play for 5 seasons or more but like for a pitcher their MLB career won 't last that long because of the wear and tear of throwing a baseball around 100 times per game. A lot of people say that baseball players shouldn 't get paid as much as they do for just catching, throwing and hitting the ball. The highest paid player in the MLB is around 12 million dollars just to catch, throw and hit a small round ball called a

All of these players are wanting to go straight to the NBA for the money, but if they just stay one year more year more,their draft stock could go up and they could get more money their first few years and it could even out. Quite a few players would also benefited to staying one more year because they have rookie struggles, and one more year of collegiate basketball could have helped these players work on their game before going to the next level. Finally, basketball would be on a new level. The fans would want to come and watch the games live, and they would want to watch it on television so the television rating would go up. Next, say that Brandon Ingram stayed for one more year and played with Duke’s new recruiting class.

Argumentative Paper : Athletes Are Overpaid Did you know that the highest paid Cubs player will make 19 million dollars, the average pay is 6 million dollars, and the lowest is $417,000. Even the lowest pay is pretty high. Athletes are being paid a ton of money,and it’s getting to be too much.

Professional athletes are extremely overpaid for the “jobs” that they do. They only entertain for a living and get paid millions of dollars per season. Each sport is different in how they pay their athletes, and the difference in salaries from one player to another can be in the tens of millions of dollars. These athletes are paid for jobs that they only do for a certain number of games and do not even play the games over the course of an entire year. In most professional sports, they play in games for only a few months and then have a few months off.

Additionally, modern major league baseball followed an extremely similar path of existence via capitalist team owners. Within the book Sports in American Life: A History, there are two important aspects pointed out about the development of these major league teams. The first being that most sports venues built within the major leagues were paid for by team ownership. The second being when the owners banded together to create a single national league, they were able to heavily control the salary of players without fear of competition from other leagues. What these pseudo robber barons accomplished went far beyond lining their pockets.