"The Dodgers were already spending more than half a billion dollars on salary between player compensation and luxury tax penalties, eclipsing the second-highest spending team by nearly $100 million."
"Baseball's national and global popularity is once again ascending. On the backs of mega-stars like Shohei Ohtani and Aaron Judge, the MLB has recovered from the steroid scandals of the early 2000s."
"The league is willing to put all that at risk to force labor to come to heel. As the billionaires begin asserting their power over players and fans, it's worth asking whether these failsons and finance brokers actually like the game the fans hold dear."
"Sports ownership is one of the most stable investments for multimillionaires and billionaires in the United States. Franchise valuations, especially NBA and NFL teams, are skyrocketing."
The Los Angeles Dodgers' signing of Kyle Tucker has alarmed MLB ownership, as the team already spends over half a billion dollars on salaries and luxury taxes. Without a salary cap, the Dodgers can continue to add high-value players, which poses a financial threat to other teams. Despite baseball's resurgence in popularity, ownership appears willing to jeopardize the sport's integrity for profit. The stability of sports ownership as an investment raises questions about the true intentions of owners regarding the game and its fans.
Read at The Nation
Unable to calculate read time
Collection
[
|
...
]