:: eyedot ::: images information ideation ::

:: EYE (anatomy), light-sensitive organ of vision in animals.
:: EYE (verb), to look at to look at something or somebody inquisitively.
:: EYE (noun), an ability to recognize and appreciate something; a point of view or way of thinking.

[::..archive..::]
April 2003
May 2003
June 2003
July 2003
August 2003
September 2003
October 2003
November 2003
December 2003
January 2004
February 2004
March 2004
April 2004
May 2004
June 2004
July 2004
August 2004
September 2004
October 2004
November 2004
December 2004
January 2005
February 2005
March 2005
April 2005
May 2005
September 2005
December 2005
January 2006
February 2006
March 2006
April 2006
May 2006
June 2006
July 2006
August 2006
September 2006
October 2006
November 2006
[::..political..::]
:: media matters ::
:: watchblog ::
:: cost of war clock ::
:: doctors w/o borders ::
:: hungersite ::
:: second harvest ::
:: working assets ::
:: democracy now! ::
:: common cause ::
:: ACTIVISM LINKS ::
:: daily mojo ::
:: gary hart ::
:: this modern world ::
:: people tree ::

[::..comix..::]
:: get your war on ::
:: scary go round ::
:: get fuzzy ::
:: explodingdog ::
:: penny arcade ::
:: homestarrunner ::
:: dieselsweeties ::
:: orneryboy ::
:: perry bible fellowship ::
:: butternutsquash ::
:: this modern world ::

[::..music..::]
:: WFMU streaming radio ::
:: accuradio ::
:: 20minuteloop ::
:: bjork ::
:: onelovehiphop ::
:: erp ::

[::..random + cool..::]
:: boingboing ::
:: fark ::
:: mit ocw ::
:: abebooks ::
:: ursula k leguin ::
:: jon cornforth photos ::
:: sylvia ::
:: lucas krech blog ::
:: noodlebox ::
:: lot47films ::
:: nakd ::
:: lynn fox ::
:: nooflat ::
:: jeff bridges blog ::
:: novica ::
:: ugly dolls ::
:: gama-go ::
:: presstube ::


:: 1.23.2004 ::  



Speaking of football...

I had an interesting thought about the economics of professional sports a few nights ago.

I know I'm not the only who finds it boring that the Yankees, the richest team in MLB, consistently end up in the World Series final game. Unlike the NFL, pro baseball has no salary cap, so whichever team has the most money gets the best players, period. And the better a team plays, the more money it makes from ticket and merchandise sales. You end up with a very vicious and boring circle.

Let's look at football.

With the institution of the salary cap, along with free agency and the NFL's policy of giving the team with the worst record from the previous season the first draft pick, the pro football league has essentially mandated an economically level playing field. The result? A lot of interesting and unpredictable games, especially in the playoffs, and a cinderella story for the Superbowl - the Carolina Panthers. A league that used to be ruled by dynasties is now, I think, a much healthier institution (at least in terms of team makeup - whether refereeing has improved over the last ten years is a whole other question).

Now this is very interesting to me. Granted, the NFL is a closed economic system. But the league seems to have proven that a level economic playing field will not pull everyone to the bottom, but rather lift everyone up. MLB, on the other hand, is "semi-regulated - like electricity or farm price floors, which gets you the worst of the market and the worst of regulation." That last is a quote from my friend Leslie, an econ guru who works for HP. As she says, "hybrids don't work." If the MLB was truly a free market, with teams allowed to operate in any city and open competetion working to even the odds, we might get a more vibrant league. Too bad that's not the case.

:: Deb 11:51 AM :: permalink :: [0] comments :: links to this post ::


Comments:



Post a Comment


Links to this post:

Create a Link

This page is powered by Blogger. Isn't yours?