Salary cap in baseball Term Paper 5 pages
Salary Cap: Baseball
Sports is business — big business. However, as stratospheric as the revenue may be that is generated by all of the major league sports in America, this is truer for baseball than any other team sport. In baseball, players have tremendous personal leveraging power in negotiating their salaries. The other major spectator sports in the U.S. — hockey, football, basketball — have salary caps for their players. Baseball alone does not. The consequences of this are obvious — with grinding predictability, the major franchises that can afford to buy the top players dominate the game. The idea of a baseball team ‘underdog’ winning the World Series — the baseball equivalent of the NY Giants’ victory over the undefeated New England Patriots in Superbowl 2007 — seems ludicrous. “As economists like to point out, if you want less of something, you should put a tax on it — and player salaries are no exception. Reduce the ability of the richest teams to bid up the price of players and salaries are sure to fall” (deMause 2006).
Reducing player’s salaries would have a number of positive effects on the game. Increased competition between teams would widen the fan base. Already, baseball has lost many fans in recent years to basketball and football, and the trend will continue if there is little suspense, year after year, as to what teams will make it to the playoffs. A lack of competition makes for uninteresting play and drains the game of the type of heart-stopping suspense characteristic of the NCAA playoffs, for example. At present, “perhaps 12 of 30 Major League teams have any possibility of reaching postseason play, and fewer still have a realistic hope of winning a pennant” (deMause 2006).
Recent revelations of scandals involving steroids have hurt the game’s credibility, and created an impression that its top players are merely money-hungry, rather than interested in playing for the fans, much less becoming role models. A cap might also reduce the financial ‘win at all costs’ mentality that continues to dominate the game, even in the post-steroids era. When so much money is at stake, players are willing to do anything, including risk their future health, simply to improve their swinging, throwing, and shorten their recovery time from injuries.
Finally, salary caps would bring back baseball to being a true ‘team sport.’ Baseball’s early appeal was its sense of ethics and ‘one for all, all for one.’ The public is growing resentful of a sport charging higher ticket prices and paying players higher salaries, even while so many people are still suffering economically. Eventually, if salaries don’t go down, people will stop patronizing the parks of even the famous franchises.
This leads to the question of how the salary cap would be enforced. Most concede that there is no perfectly fair way to allocate revenue, and there are injustices that will be done, regardless of whether a cap is enforced or not — highly talented players will be hampered in cashing in on their skills by the cap, despite the fact that they have an extremely short career and no job security. “There’s probably only one perfect system for compensation in sports, and it’s in individual sports like golf and tennis. You finish first, you make the most” (Kendrick 2008). But ultimately, the small injustices that might be perpetrated on individual players should not be used to outweigh the good that can be done for the sport. Ultimately, baseball, unlike tennis and golf, is a team sport, and the good of the team and creating a competitive league should outweigh the interests of a few individuals.
“Perhaps no two words in baseball generate as much controversy and emotion as ‘salary cap'” (deMause 2006). The proposed salary cap, as it would function in baseball is as follows:
Every team would have a limited amount of money it could spend on player salaries. “Once teams have reached the magic payroll number, they are forbidden to spend more. This reduces salaries in two ways: Teams over the cap are taken out of the bidding for free agents (or for pricey trade targets), giving available players fewer options and reducing bidding pressure, and teams just below the cap will resist blowing their budget on a single player” (deMause 2006). In other words with a salary cap, there will be no more ‘Yankees-style’ domination of the teams, no more A-Rod-sized paychecks.
The NFL, in contrast to MLB, is allowed “to spend a certain percentage of the league’s total revenue, which is shared equally among all the teams. Every team is allowed the same percentage to spend on players, which provides a level playing field financially. There are no exceptions to a hard cap so no team can spend more than the cap” (Levy 2006:4). This cap was instated to ensure a level playing field for all of the players. The NBA likewise has a salary cap, although it is less rigid than the NFL’s, as teams can re-sign players without observing the cap placed upon salaries (Levy 2006:4).
Baseball has flirted with the concept of salary caps before. For example, since 2003, baseball has imposed a so-called ‘luxury tax’ on teams that pay players over a certain level: “Teams can bust their league-appointed budget, but at the cost of being taxed — ‘fined’ might be a better word — for the excess amount” but the threshold is so high the powerful baseball player’s union did not even go on strike to protest its instatement in 2002 (deMause 2006). Teams that the tax might apply to are so wealthy, its provisions mean very little.
Despite the luxury tax, “the Yankees have roughly 10 times the amount of revenue going to players than the Florida Marlins” (Kendrick 2008). The Yankees five highest paid players make more than the entire Florida Marlin’s 25-man roster. If the Yankee’s top five players “were the only players on the team, the Yankees would still have the fifth highest salary among the 30 teams in major league baseball” (Levy 2006). The star magnetism of the Yankee roster has enabled them to dominate the game, even during some of their weaker seasons, and prevented smaller teams with some emerging talent from shining.
Without a salary cap, restoring any level of equity between the teams is virtually impossible, particularly given the market of media economics. Teams like the Yankees, the Chicago Cubs, and the Red Sox usually have cable TV deals and/or can draw substantial advertising revenue because of the large market base they command — in contrast, teams from smaller media markets struggle. Without a salary cap, there is no way that smaller teams can overcome the hurdle of not having a built-in media venue and existing fan base to promote their product.
Baseball is ultimately a team sport, but because of the focus on high-paid stars, it has become ‘about’ the players, rather than rooting for particular teams. Some of the most interesting up-and-coming teams have originated in relatively small markets such as the Oakland As and Minnesota Twins. These teams have a balanced roster, and spend the money they have wisely. Encouraging such behavior should be the aim of MLB, not simply cultivating star power (Levy 2006: 8). “When you have rich and poor teams, the rich teams would always beat the poor ones — will become more of a real problem the more efficient the market becomes. The Oakland A’s — and other poor teams — can compete with a small payroll because they can find ways to make that money go further. But once they lose their intellectual advantage, they are doomed” (Lewis 2005). Although the Oakland As made a strong showing in some years so in the presence of salary caps, this is the exception, not the rule. With salary caps, strong, balanced teams that work together as teams, not merely as constellations of highly-paid individualistic stars would become the norm.
Salary caps have their greatest influence in terms of how teams “acquire and retain athletes. The salary caps allow teams with less talent to have the opportunity to entice players away from better teams because all teams (theoretically) have the same amount of money to work with. Instead of having some teams with deep pockets and some teams with little to spend on talent, all teams should have the same buying power and ability to build a strong franchise” (How salary caps changed sports, 2011, Investopedia).
One of the main arguments against the salary cap provision is that it is very easy to circumvent with sign-in bonuses, which are common in the NFL, and through specified loopholes (such as the allowance in the NBA for higher salaries to a player who is resigned). But although it is true that the spirit and the letter of the law of salary caps can be circumvented in all sports, the growth of salaries in the MLB is unlikely to continue at its current levels, with salary caps. A team will be reluctant to give a large sign-in bonus, even to a very strong player, given it is uncertain of how he will perform. Many top recruits did not flourish and become great players.
The player’s union has opposed salary caps vigorously, but even players might benefit. Yes, they might not make A-Rod salaries. But there would be less pressure from fans and owners to perform at an unrealistic level. Baseball is attempting to transition into a kinder, gentler era, with less emphasis on using drugs to perform at a high level. Instating a salary cap would be excellent PR for the sport, and improving the image of baseball and its players would be good for the game and good for the teams. And ultimately, elevating the image and level of play of teams, rather than the fortunes of a few ‘star’ players, is the true spirit of the game.
deMause, Neil. (2006). Baseball between the numbers: Why everything you know about the game is wrong. Excerpt available at ESNP July 23, 2011 at http://sports.espn.go.com/espn/page2/story?page=betweenthenumbers/salarycap/060405
How salary caps changed sports. (2010). Investopedia. Retrieved July 23, 2011 at http://financialedge.investopedia.com/financial-edge/0910/How-Salary-Caps-Changed-Sports.aspx
Kendrick, Scott. (2009). Salary cap in baseball? Keep dreaming. About.com.
Retrieved July 23, 2011 at http://baseball.about.com/b/2008/12/31/salary-cap-in-baseball-keep-dreaming.htm
Levy, Ryan. (2005). Dispute: A salary cap in Major League Baseball. COSC 627-Ellis.
Lewis, Michael. (2005). 10 questions. The New York Times. Retrieved July 23, 2011 at http://www.nytimes.com/2005/04/26/readersopinions/questions-lewis.html
Get Professional Assignment Help Cheaply
Are you busy and do not have time to handle your assignment? Are you scared that your paper will not make the grade? Do you have responsibilities that may hinder you from turning in your assignment on time? Are you tired and can barely handle your assignment? Are your grades inconsistent?
Whichever your reason is, it is valid! You can get professional academic help from our service at affordable rates. We have a team of professional academic writers who can handle all your assignments.
Why Choose Our Academic Writing Service?
- Plagiarism free papers
- Timely delivery
- Any deadline
- Skilled, Experienced Native English Writers
- Subject-relevant academic writer
- Adherence to paper instructions
- Ability to tackle bulk assignments
- Reasonable prices
- 24/7 Customer Support
- Get superb grades consistently
Online Academic Help With Different Subjects
Students barely have time to read. We got you! Have your literature essay or book review written without having the hassle of reading the book. You can get your literature paper custom-written for you by our literature specialists.
Do you struggle with finance? No need to torture yourself if finance is not your cup of tea. You can order your finance paper from our academic writing service and get 100% original work from competent finance experts.
While psychology may be an interesting subject, you may lack sufficient time to handle your assignments. Don’t despair; by using our academic writing service, you can be assured of perfect grades. Moreover, your grades will be consistent.
Engineering is quite a demanding subject. Students face a lot of pressure and barely have enough time to do what they love to do. Our academic writing service got you covered! Our engineering specialists follow the paper instructions and ensure timely delivery of the paper.
In the nursing course, you may have difficulties with literature reviews, annotated bibliographies, critical essays, and other assignments. Our nursing assignment writers will offer you professional nursing paper help at low prices.
Truth be told, sociology papers can be quite exhausting. Our academic writing service relieves you of fatigue, pressure, and stress. You can relax and have peace of mind as our academic writers handle your sociology assignment.
We take pride in having some of the best business writers in the industry. Our business writers have a lot of experience in the field. They are reliable, and you can be assured of a high-grade paper. They are able to handle business papers of any subject, length, deadline, and difficulty!
We boast of having some of the most experienced statistics experts in the industry. Our statistics experts have diverse skills, expertise, and knowledge to handle any kind of assignment. They have access to all kinds of software to get your assignment done.
Writing a law essay may prove to be an insurmountable obstacle, especially when you need to know the peculiarities of the legislative framework. Take advantage of our top-notch law specialists and get superb grades and 100% satisfaction.
What discipline/subjects do you deal in?
We have highlighted some of the most popular subjects we handle above. Those are just a tip of the iceberg. We deal in all academic disciplines since our writers are as diverse. They have been drawn from across all disciplines, and orders are assigned to those writers believed to be the best in the field. In a nutshell, there is no task we cannot handle; all you need to do is place your order with us. As long as your instructions are clear, just trust we shall deliver irrespective of the discipline.
Are your writers competent enough to handle my paper?
Our essay writers are graduates with bachelor's, masters, Ph.D., and doctorate degrees in various subjects. The minimum requirement to be an essay writer with our essay writing service is to have a college degree. All our academic writers have a minimum of two years of academic writing. We have a stringent recruitment process to ensure that we get only the most competent essay writers in the industry. We also ensure that the writers are handsomely compensated for their value. The majority of our writers are native English speakers. As such, the fluency of language and grammar is impeccable.
What if I don’t like the paper?
There is a very low likelihood that you won’t like the paper.
- When assigning your order, we match the paper’s discipline with the writer’s field/specialization. Since all our writers are graduates, we match the paper’s subject with the field the writer studied. For instance, if it’s a nursing paper, only a nursing graduate and writer will handle it. Furthermore, all our writers have academic writing experience and top-notch research skills.
- We have a quality assurance that reviews the paper before it gets to you. As such, we ensure that you get a paper that meets the required standard and will most definitely make the grade.
In the event that you don’t like your paper:
- The writer will revise the paper up to your pleasing. You have unlimited revisions. You simply need to highlight what specifically you don’t like about the paper, and the writer will make the amendments. The paper will be revised until you are satisfied. Revisions are free of charge
- We will have a different writer write the paper from scratch.
- Last resort, if the above does not work, we will refund your money.
Will the professor find out I didn’t write the paper myself?
Not at all. All papers are written from scratch. There is no way your tutor or instructor will realize that you did not write the paper yourself. In fact, we recommend using our assignment help services for consistent results.
What if the paper is plagiarized?
We check all papers for plagiarism before we submit them. We use powerful plagiarism checking software such as SafeAssign, LopesWrite, and Turnitin. We also upload the plagiarism report so that you can review it. We understand that plagiarism is academic suicide. We would not take the risk of submitting plagiarized work and jeopardize your academic journey. Furthermore, we do not sell or use prewritten papers, and each paper is written from scratch.
When will I get my paper?
You determine when you get the paper by setting the deadline when placing the order. All papers are delivered within the deadline. We are well aware that we operate in a time-sensitive industry. As such, we have laid out strategies to ensure that the client receives the paper on time and they never miss the deadline. We understand that papers that are submitted late have some points deducted. We do not want you to miss any points due to late submission. We work on beating deadlines by huge margins in order to ensure that you have ample time to review the paper before you submit it.
Will anyone find out that I used your services?
We have a privacy and confidentiality policy that guides our work. We NEVER share any customer information with third parties. Noone will ever know that you used our assignment help services. It’s only between you and us. We are bound by our policies to protect the customer’s identity and information. All your information, such as your names, phone number, email, order information, and so on, are protected. We have robust security systems that ensure that your data is protected. Hacking our systems is close to impossible, and it has never happened.
How our Assignment Help Service Works
1. Place an order
You fill all the paper instructions in the order form. Make sure you include all the helpful materials so that our academic writers can deliver the perfect paper. It will also help to eliminate unnecessary revisions.
2. Pay for the order
Proceed to pay for the paper so that it can be assigned to one of our expert academic writers. The paper subject is matched with the writer’s area of specialization.
3. Track the progress
You communicate with the writer and know about the progress of the paper. The client can ask the writer for drafts of the paper. The client can upload extra material and include additional instructions from the lecturer. Receive a paper.
4. Download the paper
The paper is sent to your email and uploaded to your personal account. You also get a plagiarism report attached to your paper.
PLACE THIS ORDER OR A SIMILAR ORDER WITH US TODAY AND GET A PERFECT SCORE!!!