Baseball And Billions: A Probing Look Inside The Big Business Of Our National Pastime
- ISBN-10
- 0465006140
- ISBN-13
- 9780465006144
- Category
- Business & Economics / Industries / General
- Pages
- 288
- Language
- English
- Published
- 1992-10-13
- Publisher
- Basic Books
- Author
- Andrew Zimbalist
Description
Baseball is only a game...a game that is the beneficiary of public subsidies worth tens of millions of dollars annually...where team revenue averages nearly $60 million annually ...where players' salaries average over a million dollars a year. Until now the business of baseball has been run with a degree of secrecy international intelligence agencies would envy. To get the facts about income and operations assembled in this book, Andrew Zimbalist has probed, dug, scraped, and begged for information from owners, players, and politicians. The result is an eye-opening account of greed, abuse of the public trust, and poor management that threaten the future of the game. Yet solutions are within our grasp, Zimbalist maintains. Zimbalist, who clearly loves the sport, chronicles the evolution of the baseball business from the Civil War, when teams first charged admission, through today. With telling anecdotes about famous and little-known figures from A. G. Spalding to George Steinbrenner, the book raises important questions about ownership structure, franchise finances, labor relations, free agency and competitive balance, the minor leagues, the teams' relationships with host cities, and the broadcasting of baseball. Alone among professional sports, baseball is a legal monopoly, self-governing and unregulated. What are the consequences for big cities as well as small cities, rich teams and poor teams, superstars and struggling minor league players - and for the future of the game? To answer this question, Zimbalist begins by examining baseball's legal institutions and labor practices, then discusses the owners and appraises the game's financial condition: profits, franchise values, attendanceand ticket pricing, tax writeoffs, and more. The book proceeds to analyze the level and distribution of players' salaries, policies to improve labor relations, the changing role and organization of minor league baseball, baseball's relationship to the cities, and the politics and policies of expansion. Here is a fascinating look at the ledgers that prop up America's favorite sport.
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Other editions
-
- 1994-04-06
- 320 pages
- Paperback
- Basic Books
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