a free-market sports blog
Monday, May 21, 2007
utterly fascinating graphic
is just too good not to share with the five people who actually visit our blog.
Some interesting observations:
The Indians and Brewers are my current salary heroes.
10 out of the 15 teams who overpay for their wins are in the American League.
Thus far, the Astros and Phillies get exactly what they pay for: mediocrity.
The Yankees are wildly overpaying for their record (not that it's news to anyone).
The Nationals are overpaying to be really, really, really horrible.
The Cardinals aren't very good this year (also not news).
Post a Comment
Post Comments (Atom)
As you can see, I do not maintain l-fb anymore, so this serves mainly as an archive for the year and a half when I did contribute content to it. If you want to contact me about anything I wrote, please feel free to e-mail firstname.lastname@example.org.
subscribe to l-fb
Get RSS Buttons
an introduction to laissez-faire ball
tenets of laissez-faire ball
The concept of free-market economics can be successfully implemented into sports in all aspects.
Sports is an entertainment business and should be thought as such by players, fans and especially the government.
Fans do not hold intellectual property of a team or sport and can only hold sway with the money they spend.
Government regulation of sports in any facet is intrusive and unnecessary.
The funding of sports stadiums either partial or fully by taxpayers without a popular vote is undemocratic.
Athletes are entertainment commodities and, as a whole, are not overpaid. The compensation they receive is the result of a demand for their services and is a reflection of the markets they serve.
Profit sharing is counterintuitive and does not encourage lower-revenue teams to improve their product.
It is not the public school system's responsibility to train young athletes. The model the rest of the world uses works much better.
College athletics are government-funded monopolies that employ a broken system and are an extension of the broken high school system.
Salary caps prevent franchises from freely running their business and thus unnecessarily restrict them from fully utilizing that franchise's earning potential.
about the authors
11/16 - 11/23
10/14 - 10/21
09/16 - 09/23
09/09 - 09/16
09/02 - 09/09
08/19 - 08/26
08/12 - 08/19
08/05 - 08/12
07/29 - 08/05
07/22 - 07/29
07/15 - 07/22
07/08 - 07/15
07/01 - 07/08
06/24 - 07/01
06/17 - 06/24
06/10 - 06/17
06/03 - 06/10
05/27 - 06/03
05/20 - 05/27
The tandem that could have been
Oklahoma City/Kansas City/Las Vegas Sonics face in...
Football Association, big spenders and shrewd deci...
Russian women's basketball toy
05/13 - 05/20
05/06 - 05/13
who's linking to l-fb
The Wages of Wins Journal
The Sports Economist
Copyright 2007 © laissez-faire ball