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Competitive balance theory
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Excerpt from Essay:
Competitive balance theory
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The popular arguments for the salary cap and strict compensation rules are many. First, it is argued that player salaries should be controlled so that teams are able to recoup their investment in as talented players developed and generated revenue (Vrooman, 1995). Second, it is believed by many leagues that talent will gravitate gravitate
intr.v. gravitated, gravitating, gravitates
1. To move in response to the force of gravity
2. To move downward......
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