Baseball_Salary_Cap

Baseball Salary Cap Keep your Cap On or Off! In 1993, baseball attendance records surpassed 70 million, breaking the old record by 24 percent (Costas, 18). Yet in 1994 mid way through the season, the Players Union decided to go on strike over threats made by team owners of a salary cap. The strike lasted 234 days, lost 800 million dollars, and resulted in the cancellation of the World Series. It also was the longest and costliest work stoppage in the history of professional sports (Play ball). Then in 1995, the baseball industry received the worst ratings they have ever faced (Costas, 21). It seemed as though Americans had lost faith in their favorite pastime. However in the past few years attendance and rating have risen due largely to the great record-breaking homerun races. On the other hand the competition in baseball seems to be on a downward spiral because big market teams have been dominating post-season play. The lack of a salary cap has brought about controversy in major league baseball. The owners, players, and fans seem to disagree about the current state of baseball and what, if anything should be done. The baseball, team, teams, salary, market, players, cap, big, because, owners, league, winning, free, world, strike, playoffs, people, money, made, however, equal, costas, two, through, staudohar, small, shows, series, revenue, million, krishnan, issue, fan, dominant, competition