Legal Custodian said:
Macarthur said:
Maybe socialist isn't the right word but he has a point
I did always find it odd that one of the most free-market economies in the world (USA) has a sports landscape most resembling socialism (Big4 with salary cap, profit sharing, drafts, etc.)
While the most socialistic economies (Europe) has a sports landscape most resembling a free market (Euro soccer with no salary cap, promotion/relegation, academies, etc.)
I didn't catch the segment, but hopefully someone brought up the fact that the only reason the
teams appear socialist is to ensure the
leagues can be as capitalist as possible. In fact, you could argue all 4 leagues in the U.S. have reached the peak of capitalism: a monopoly (barring some unforeseen takeover by the XFL, of course
).
MLB didn't institute a luxury tax because the owners suddenly grew fond of socialism; they instituted a luxury tax because the Yankees were outspending everyone else and buying a lot more of the good free agents every year. Fans in other markets were losing interest in baseball because the Yankees had economic advantages (namely the YES network) that other teams couldn't compete with, so the league intervened out of its own self-interest.
What do you think would happen to the NFL if they woke up one day and decided to be more "capitalist" by eliminating the salary cap? The Cowboys' payroll would probably jump to $500 million a year and they'd win the next 5 Super Bowls. Awesome news for those of us in Dallas, but the league as a whole would suffer as fans in other markets abandoned hope and tuned out.