Word: capping
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...core, is over the simplest of economic issues: how to divide this growing pie. And while economics is as riveting as a two-hour rain delay, it is central to the stalled negotiations. The clash involves base self- interest and primal greed: the owners want to put a cap on how much players can earn; the players want to defend and expand the right to negotiate salaries they believe they deserve...
...their negotiator, the owners selected former New York City transit czar and failed mayoral candidate Richard Ravitch (he received 2% of the vote in the 1989 Democratic primary). The self-confident Ravitch believed he could pull off a near impossible double play: sell the players on a salary cap (thereby limiting their total income, as other professional sports leagues do) and work out a mechanism for wealthy teams (the New York Yankees, the world champion Toronto Blue Jays) to share more revenue with their impoverished cousins (like the near bankrupt Pittsburgh Pirates and Selig's Brewers...
...turned out, Ravitch's ambitious double-play pivot did not exactly match the grace of Cardinals shortstop Ozzie Smith. It took Ravitch 18 months to work out a limited revenue-sharing formula. And even then the wealthier teams made it contingent on the players' miraculously agreeing to a salary cap. And though the baseball contract officially expired at the end of 1993, Ravitch didn't put the owners' salary-cap proposal on the negotiating table until mid-June. This complex plan would limit total player salaries to 50% of overall major league revenues, although guaranteeing that overall salaries would...
...appearance Friday. "It's never been like that in all the negotiations I've been involved in." If the season were to end without a contract, the owners would retain powerful weapons in their arsenal: the legal right under labor law to impose their proposal for a salary cap and the ability to lock the players out of 1995 spring training if they balked. So like characters in a Clifford Odets play, the union believed their only recourse was to strike...
...York Yankees pays a no- hit, no-field free-agent shortstop $2.5 million, every journeyman infielder can successfully argue for the same salary in arbitration. So the only way a team in a small market -- like the Padres in San Diego -- can adhere to its de facto salary cap is to trade off young players the moment they become eligible for arbitration. (The San Diego payroll is currently a rock-bottom $14 million...