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Written by:
Karen T
Date added:
July 30, 2012
Level:
University
Grade:
A
No of pages / words:
7 / 1742
Was viewed:
1749 times
Rating of current essay:
Essay content:
Revenue imbalance then causes competitive imbalance because the large market team will buy more talent then the small market team and winning percentage is described as a function of talent. As a result of buying more talent, the large market team will have a higher payroll so not only does revenue imbalance cause competitive imbalance but it also causes payroll imbalance...
displayed 300 characters
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As a result of buying more talent, the large market team will have a higher payroll so not only does revenue imbalance cause competitive imbalance but it also causes payroll imbalance.
One might say that this explanation is valid when assessing major league baseball because of teams like the New York Yankees and Boston Red Sox who among others are large market teams who win and because of small market teams like The Tampa Bay Devil Rays and the Kansas City Royals who always lose...
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