Word: capping
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...first game of his sophomore year, Konik bruised the cartilage in his knee cap. After taking an 18 month rehabilitative sabbatical from hockey, Konik is back...
...players since the season was called off in September. Not surprisingly, no one broke into a spontaneous rendition of Take Me Out to the Ball Game. Players Association officials reiterated the union's unshakable stance in support of free agency. Owners repeated their immutable demands for a salary cap. Players Association executive director Don Fehr and interim baseball commissioner Bud Selig competed in a frowning contest for the benefit of photographers. Newly appointed mediator Bill Usery Jr. made it clear that he understands intransigence when he sees it. "When you believe you have positions that are very strong...
What's left to negotiate? A salary cap is in place in the N.B.A., but players and teams seem to be able to fake their way past it with impunity. Take, for example, Anfernee Hardaway's newly renegotiated contract. Most people would! The second-year point guard, who averaged a modest 16 points last year as a rookie, just signed a nine-year contract with the Orlando Magic that will pay him an estimated $70 million. This violates no league edict but sets the stage for trouble ahead. Little wonder that the Magic owners have seen fit to raise ticket...
Which brings us to the National Football League, the paradigm of labor peace and rationality. The owners have a team salary cap. The players have free agency. "The system has worked well for players," says union executive director Gene Upshaw, who negotiated the deal. "We want the same thing as other entertainers. We want the same thing as Bruce Springsteen, Madonna and Bill Cosby, the right to sell our talent to the highest bidder...
...analyst with Sanford C. Bernstein & Co., a New York City investment firm, predicts that dbs might steal away 1% of cable's growth over the next five to six years -- "which isn't a killer." However, with the cable industry chafing under federal regulations that have put a cap on rates, any inroads could be damaging. "Even losing a few percentage points at the margins can have a significant impact," says Paul Bortz, a Denver-based telecommunications consultant...