On its first decision day under Chief Justice Earl Warren, the U.S. Supreme Court this week handed down a ruling that almost everyone in organized baseball has been awaiting as a batter waits for a 3-2 pitch. The case before the court was brought by a minor-league owner and two players, who contended that baseball's "reserve clause" (which gives a ball club complete control over its players' careers and prevents them from signing up with other teams) creates an illegal monopoly in violation of U.S. antitrust laws. In its 7-2 ruling (Justices Burton and Reed dissenting), the high...
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