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Stee-Rike Four! What's Wrong with the Business of Baseball?
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Daniel R. Marburger, ed.
ISBN: 0-275-95706-3
ISBN-13: 978-0-275-95706-3
232 pages
Praeger Publishers
Publication: 6/30/1997
List Price: $85.00 (UK Sterling Price: £58.95)
Availability: Print on demand
Media Type: Hardcover
Trim Size: 6 1/8 x 9 1/4
Subjects:
Description: When major league baseball cancelled its 1994 season following a player strike, fans were shocked that the national pastime could be brought to a standstill by a collective bargaining dispute. The strike was largely responsible for bringing the economics of the game into sports discussions and raising questions about the business of baseball. Will players' rising salaries destroy baseball? How will revenue-sharing and luxury taxes affect competitive balance? Should taxpayers subsidize their local team? This volume answers the basic questions about the economics of the sport, from salary arbitration to baseball's antitrust exemption, in a clear style geared for readers with no formal background in economics.
Table of Contents:
  • Preface
    Introduction by Daniel R. Marburger
    Collective Bargaining and Baseball
    Whatever Happened to the "Good Ol' Days"? by Daniel R. Marburger
    Why Can't Baseball Resolve Its Differences in the Off-Season? by Daniel R. Marburger
    Free Agency, Salary Arbitration, and Player Salaries
    Will Rising Salaries Destroy Baseball? by James Richard Hill
    Free Agency and Competitive Balance by John L. Fizel
    Final Offer Salary Arbitration (FOSA)--a.k.a. Franchise Owners' Self-Annihilation by James B. Dworkin
    Salary Arbitration in Major League Baseball: A Case of Dog Wags Tail! by William H. Kaempfer
    Baseball's Quick-Fix Solutions
    The Salary Cap and the Luxury Tax: Affirmative Action Programs for Weak-Drawing Franchises by James Quirk
    Increased Revenue-sharing for Major League Baseball? by Lawrence Hadley and Elizabeth Gustafson
    Whither Baseball After the Strike of 1994? by James D. Whitney
    The Antitrust Issue
    Why Baseball's Antitrust Exemption Must Go by Bruce Johnson
    Preserve Baseball's Antitrust Exemption, or, Why the Senators are Out of Their League by William F. Shughart II
    The Future of Baseball
    The Stadium Mess by Rodney Fort
    Baseball in the Twenty-First Century by Andrew Zimbalist
    Concluding Remarks by Daniel R. Marburger
    Index
About the Author: DANIEL R. MARBURGER is Associate Professor of Economics at Arkansas State University. He has published several articles on the economics of baseball.
LCC Class: 338
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