This paper examines the role labor unions and collective bargaining agreements have played in major league baseball.
Written in 2004; 2,075 words; 7 sources; APA; $ 65.95
Paper Summary:
This paper looks at the history of labor relations in the field of baseball from John Montgomery Ward's first attempt to form a players' union in 1885 to the 32-day lockout during spring training in 1990. The author points out that the 2002 collective bargaining agreement was successfully negotiated with significant compromises on both sides and without a work stoppage. The paper concludes that this agreement ensures the continued fiscal health of America's favorite pastime.
Table of Contents
Labor History
1994-1995
2002 Collective Bargaining Agreement
From the Paper:
"In addition to higher ticket sales, an estimated 40 percent of this revenue came from the sale of broadcasting rights. Each team received around $18.6 million from national broadcasting revenue. Local broadcasting rights generated additional earnings, although this figure differed widely between cities. The New York Yankees, for instance, received $52 million in local broadcasting revenue while other franchises got less than one-tenth of that figure (Verducci 2002). In any case, a strike and the subsequent loss of broadcasting revenue would represent a significant income loss for both the owners."
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