What are your thoughts on salary caps?
Personally I'm a free market capitalist at heart and I say if people will pay it why charge less.
HOWEVER, there is a different issue here as well. I think sports are definitely different than other mainstream business types and there are other reasons that some people think salary caps will benefit the industry.
Teams with a bottomless pocketbook can literally buy all of the best talent (a.k.a. Yankees). This not only makes it unfair for teams with less money, but, it makes it less fun to watch.
Anybody knows that when it comes to sporting, Goliath generally beats David pretty hardcore.
But then my argument against salary caps is even better. If every team was equally balanced then nobody would ever win. We'd see triple, quadruple, and infinite overtimes resulting in ties upon ties upon ties...
The truth is that some teams will be better than other teams. Some teams will be better because they practice and work better as a team and others will be better because they bring better players on board.
I think a solution would not be to have salary caps, but, instead to have caps on the total salary paid out as a team.
So if the Bulls want to pay (for example) Michael Jordan $300,000 per game that's fine, but they would have to pay the rest of the team less. (I realize he is retired. I just used him because his salary is easy to look up).
So what are your thoughts? Should there be any regulations limiting how much teams can pay their players or should the sky be the limit?
If I had to pick one answer I'd say let them pay them as much as they want. In the end there will still be several very good teams with lots of money which means there will be a lot of good games to watch regardless.
Personally I'm a free market capitalist at heart and I say if people will pay it why charge less.
HOWEVER, there is a different issue here as well. I think sports are definitely different than other mainstream business types and there are other reasons that some people think salary caps will benefit the industry.
Teams with a bottomless pocketbook can literally buy all of the best talent (a.k.a. Yankees). This not only makes it unfair for teams with less money, but, it makes it less fun to watch.
Anybody knows that when it comes to sporting, Goliath generally beats David pretty hardcore.
But then my argument against salary caps is even better. If every team was equally balanced then nobody would ever win. We'd see triple, quadruple, and infinite overtimes resulting in ties upon ties upon ties...
The truth is that some teams will be better than other teams. Some teams will be better because they practice and work better as a team and others will be better because they bring better players on board.
I think a solution would not be to have salary caps, but, instead to have caps on the total salary paid out as a team.
So if the Bulls want to pay (for example) Michael Jordan $300,000 per game that's fine, but they would have to pay the rest of the team less. (I realize he is retired. I just used him because his salary is easy to look up).
So what are your thoughts? Should there be any regulations limiting how much teams can pay their players or should the sky be the limit?
If I had to pick one answer I'd say let them pay them as much as they want. In the end there will still be several very good teams with lots of money which means there will be a lot of good games to watch regardless.