2012-13 Lockout Discussion Part VIII: "The 11th Hour" Edition
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12-06-2012, 12:39 PM
Join Date: Mar 2004
Originally Posted by
And MLB doesn't have term limits, nor a salary cap. And yet nearly all of the teams post operating profits (27 of 30). Term limited contracts are not a prerequisite to a successful league or profitable teams.
It's fiscal irresponsibility on the part of management that drives these massive deals. They think, "We have to spend big bucks to compete!" when in fact they don't. Smart utilization of resources is what makes a consistent winner. But these guys in front offices across the league get into bidding wars and piss themselves. Then they try to correct their idiocy by making rules that state they can only act stupid to a certain degree. At the expense of the players, of course.
Right, in this age of a hard cap the goal is to maximize the value from each player. That's a lot easier to do when you are paying someone 2.5M than when you are paying 7.5M. At the very least you're already expecting nearly 3 times the production from the higher priced guy...and as we all know that doesn't usually happen. When you add to the fact that these stars production will decline as they hit their mid 30s and beyond, that further supports the importance of proper resource utilization. But again, the owners don't want to be responsible...they just want to restrict how much they can spend so they don't act stupidly. At the end of the day they simply can't control themselves.
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