Question
Salary caps have become a controversial topic in recent years. The MLB is the only professional sport that does not have one. The idea is
Salary caps have become a controversial topic in recent years. The MLB is the only professional sport that does not have one. The idea is to enforce limits on how much a team can spend on athletes' salaries to level the playing field.
Discuss the origin of salary caps. Are salary caps effective? Discuss the purpose of salary caps. Do team owners want them? Discuss at least three influences salary caps have. Do you think there are too many loopholes teams find around salary caps? Do you think salary caps are fair to the athletes? What is your opinion of the effect that salary caps have had on professional sports?
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Origin of Salary Caps Salary caps in professional sports originated as a means to address competitive imbalance In the context of team sports certain teams with larger financial resources could afford ...
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Management Accounting
Authors: Leslie G. Eldenburg, Albie Brooks, Judy Oliver, Gillian Vesty, Rodney Dormer, Vijaya Murthy, Nick Pawsey
4th Edition
0730369382, 978-0730369387
