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10-17-2012, 02:42 PM
Join Date: Mar 2011
Originally Posted by
Compare the salaries (not gross income) of the top 1% of employees in all professions and I submit team professional sports is not at or near the top of the list.
Of course if/when an industry attempts to select the best of the best for the 700 jobs openings, the cost is going to be significantly above industry average.
Professional sport is not immune to existing laws, with baseball and antitrust law being the exception.
However existing law recognizes agreements between professional sports leagues and player unions in the form of CBAs as having precedence over the right of the individual in certain aspects.
For example, the salary cap is anti-competitive conduct by definition,
yet is not subject to anti-trust law because it was legally agreed to by both parties.
There are many examples that disprove what you are suggesting re: professional sports and the law.
Sorry if you could clarify this for me. How does a business deciding to limit its costs go against competitive conduct? By those same standards teams like Nashville with an internal budget are displaying anti-competitive conduct by not spending with the big boys, even though doing so would cause them to go bankrupt.
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