Open Thread: On parity and salary capsBy
Now that I’m done with my first round of law school finals, I can dig out from under this avalanche of baseball articles I’ve been saving for various threads. Let’s start with some Maury Brown musings on baseball’s salary structure.
Basically using some recent numbers from Sports Business Journal, Brown argues against a cap. He notes that the Yanks have paid out over $120 million in luxury tax fees with the Red Sox and Angels the only other two teams ever to dole out a cent. “With revenues at an all-time high, the second highest attendance level on record, and as of late, the most parity, it seems a hard sell to say MLB needs a salary cap,” he concludes.
It’s hard to disagree with that. While I recently questioned baseball’s economic system, if the sport doesn’t need a salary cap, I won’t agitate for one. As Yankee fans, we should be happy seeing our team able to dole out the money it draws in by virtue of its being in New York and having great fans.
Anyway, use this as your open thread tonight. Talk salary caps. Talk baseball. The Knicks are off, but the Islanders, Rangers and Nets all have games tonight. Just play nice.