Salary Cap ? Now Please ! The Steroid era is over, hooray! Now what? Well, Major League Baseball, time to catch up with the world of sports. It is time for a salary cap on player earnings. America is in the middle of a recession, unemployment continues to rise and Major League Baseball must change with the times. Without shrewd decision making, now, on the part of Baseballs' owners, baseball will

Sports Agents Commonly, the terms 'sports agent', 'player agent', 'sports or contract representative' and 'contract advisor' are used interchangeably (vill.edu). Each term, whether identifying a lawyer or a non-lawyer, depicts a delegate who performs basically the same service (vill.edu). It is the duty of these professionals to represent, counsel, advise and assist a professional athlete in the negotiation, execution and enforcement of the player's contract (vill.edu). As of April 1993, two

NFL & PLAYER MOBILITY RESTRICTIONS National Football League (NFL) free agency and player mobility restrictions Sports have managed to become gradually a lucrative business, which has seen to the interest by investors to protect this business. Team owners, who are the main stakeholders, have imposed rather extreme measures or approaches to protect their teams from supposed manipulation from their players. Through the NFL, team owners have imposed the mobility restrictions on the

Sports Illustrated proposed a thorough, if summary, compromise with regard to many of the issues that players and owners could not agree on: the elimination of arbitration in exchange for unrestricted free agency for 3-year veterans, establishing a middle ground between the owners' demand of free agency only after four years and the player's dislike of arbitration; also in the SI proposal were stipulations such as giving a luxury

TICKET PRICES AND ATHLETE SALARIES NEGATIVELY AFFECTED PROFESSIONAL SPORTS? Professional sports are a multi-billion dollar global industry and these events contribute a great deal to a nation's economic performance. As the global economy continues to recover from the lingering aftershocks of the Great Recession of 2008, though, the pressing issues of skyrocketing ticket prices and athlete salaries and how they have negatively affected professional sports have assumed new importance and

" Quirk and Fort (1992) These definitions should be balanced by the popular notion that it is good for a league and all of its teams if the teams from the larger markets are relatively dominant, but not at the expenses of competitive balance: "The optimal level of balance in a sports league is a function of the distribution of fan preference, fan population base, and fan income across host cities. "The