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This 5 page paper discusses the revenue sharing practice in Major League Baseball. Bibliography lists 5 sources.
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5 pages (~225 words per page)
File: KV32_HV674745.rtf
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listed below. Citation styles constantly change, and these examples may not contain the most recent updates. The Pros and Cons of Revenue Sharing in Major League
Baseball Research Compiled by K. Von Huben 5/2010 Please Introduction Revenue sharing has been standard practice
in major league baseball (MLB) for over a decade. This paper defines revenue sharing and argues that it is apparently ineffective and even harmful. Discussion Revenue sharing was introduced into
major league baseball in order to try and even out the disparity between the best and worst teams. The teams playing in smaller markets, like Tampa Bay, claimed - with
some justification - that they couldnt attract first-rate talent because they didnt have the money to entice players to more out-of-the way cities (McCarthy 555). If they didnt have the
(literal) "heavy hitters," they wouldnt win many games, and fans would be disappointed and revenues would drop-all of which happened. If they could hire better players, they would win more
games, attendance would increase, they could make more money to hire still more players and again increase attendance, and so on. This is the thinking behind revenue sharing. Owners, in
response to the problem, "have proposed and implemented some limited forms of revenue sharing and a competitive balance tax (McCarthy 555). The revenue raised from the wealthier teams is redistributed
evenly among "poorer teams in smaller markets for their expenses and development" (McCarthy 555). However, since owners can either invest the money in their teams or pocket it as profit,
a question remains as to the effectiveness of the practice (McCarthy 555). However, James Ray says that it has been successful, and uses the Colorado Rockies as an example.
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