Revenue Sharing and Salary Caps: Will the NFL End Up Like the Big XII?
Many folks point to the NFL revenue sharing system and its salary cap as the determinants behind the more-or-less balanced competition between the teams. As …
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Revenue Sharing in MLB
Michael Lewis has an Op-Ed in the NYTimes this morning, pointing out that the present revenue-sharing formula in major league baseball does little to affect …
The Perils of Revenue Sharing
This report from ESPN highlights one of the incentive problems associated with revenue sharing. According to leaked financial documents, the Pittsburgh Pirates, despite (or perhaps …
Redistribution is No Free Lunch
In the April issue of the Southern Economic Journal, John Solow and Anthony Krautmann explore the effects of 1995 MLB agreement whereby 17% of all …