All Posts Tagged With: "sports monopolies"

The Economic Woes of Pro Sports: Greed or Government?

Mr. Keating is chief economist with the Washington, D.C.-based Small Business Survival Foundation. Beyond labor strife, two issues particularly annoy pro sports fans today—exorbitant player salaries and city-hopping by teams. Player salaries that seem wildly out of kilter have been bothersome for some time. For example, the average Major League Baseball player reportedly earned $1.2 [...]

1Jan1997 | Raymond J. Keating | 0 comments | Continued
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