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  • O League Wide Salary Cap A Formula
    1,809 words
    The rookie salary cap was gutted when teams took advantage of a loophole, adding lucrative 'bonus' payments on top of the 'maximum' base salary. It began in 1997, when the Boston Bruins gave two rookies, Joe Thornton and Sergei Samson ov, the maximum salary allowed under the rookie cap. But those contracts also had bonus clauses that would roughly triple the base salary if certain criteria - such as statistical benchmarks - were met. From then on, all high draft picks began demanding and receivi...
  • Salary Cap In Major League Baseball
    1,260 words
    "Major League Baseball Needs a Salary Cap" A salary cap in pro sports is the amount of money every team in a league can spend on all of the players on its roster in one year. Major League Baseball does not have a salary cap. The reason for a salary cap is to keep teams competitive and not have just two or three outstanding teams that dominate everyone. Another reason leagues like the National Football League and the National Basketball Association have a salary cap is it is fair and gives teams ...
  • Players's Salaries In Professional Sports
    914 words
    Over the last decade, players's salaries in professional sports have been increasing dramatically. Some people suggest that these oversized salaries are hurting professional sports, while others would suggest that these players are simply being paid what they are worth. With each passing season, the paycheck comparisons are getting stranger and stranger. From the baseball diamond to the gridiron, players' wallets are bulging. The Forbes Super 40 - the nation's 40 richest jocks - watched their sa...
  • Salaries For Bench Players
    1,456 words
    There I was sitting on the first day of the second semester in my fourth period economics class listening in on the discussion. First, Mr. Lindberg started talking about the meaning of economics and how it all works. Then someone asked him about his cardboard cut out of the NBA player, Kevin Garnett. He started working that into his discussion, about how athletes got paid such ridiculous amounts of money. Sitting there, I started to really think about it. By the time I got into my sixth period s...
  • Owners And Players
    3,500 words
    On August 12, 1994 professional baseball players went on strike for the eighth time in the sports history. Since 1972, negotiations between the union and owners over contract terms has led to major economic problems and the absence of a World Series in 1994. All issues were open for debate due to the expiration of the last contract. Until 1968, no collective bargaining agreement had ever been reached between the owners and the players (Dolan 11). Collective bargaining is the process by which uni...
  • Average Salary Of A Nba Player
    2,322 words
    Athletic Salaries: Financiall Athletic Salaries: Financiall Essay, Research Paper Athletic Salaries: Financially Outrageous or Economic Necessity In Major League Baseball this year, the average player's salary was $1.9 million. (CNNSI. com) The average salary of a NBA (National Basketball Association) player was $2.6 million. (Staudohar 3) This is a serious problem considering that the average salary of an average American worker is around $700 a week, or $36,400 per year. The real question on e...

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