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Profit Sharing
Can anyone explain the profit sharing %, players wanting 60% owners 50%
that is one of the bargaining points ?
Is this similar to the music promotion business where the entertainers
want a high guaranteed amount, plus a percentage of the profit ? That is
the reason I got out of this business, artists want a guarantee, even
though the promoter/owner is not guaranteed they will draw squat putting
all of the risk in the owner/promoters side which is definitely not a
win-win situation as emphasized by the Steven Covey's and other business
mgmt gurus.
Baseball seems to be possibly creating some problems for the future with
these recent exorbitant high $ /long term signings in a few major markets.
Remember when Cincinnati, Minnesota, Oakland, & Pittsburgh were baseball
powers ?