Prior to beginning work on this discussion forum, review the section called Investor Insight in Chapter 3 of your text which shows the major revenue and expense accounts of the Chicago Cubs baseball team. Considering the huge increase in professional baseball players salaries in the last decade, what do you think has happened to total expenses and net income of professional baseball teams? If net income has not decreased, what has been done to offset the higher salaries? Should fans be expected to pay higher prices for Americas national pastime to help offset the costs of higher salaries?

m Investor Insight Chicago Cubs expenses Keeping Score Jonathan Daniel Getty Images, Inc. The Chicago Cubs baseball team has these major revenge and expense accounts Revenues Expenses Admissions (ticket sale Players salarie Concession Administrative salaries Television and radio Travel Advertising Ballpark maintenance Do you think that the Chicago Bears football team would be likely to have the same major revenue and expense accounts as the Cabs? (Got and additional questions.) m Investor Insight Chicago Cubs expenses Keeping Score Jonathan Daniel Getty Images, Inc. The Chicago Cubs baseball team has these major revenge and expense accounts Revenues Expenses Admissions (ticket sale Players salarie Concession Administrative salaries Television and radio Travel Advertising Ballpark maintenance Do you think that the Chicago Bears football team would be likely to have the same major revenue and expense accounts as the Cabs? (Got and additional questions.)