SPORT: Baseball: The Price of Freedom

Baseball owners are looking for a way to hold down costs, but the job would be a lot easier, in their view, if their employees were not free agents. Ever since players won the right to shop their services after six years in the majors to any team willing to bid for them, salaries have soared. But what would happen if the players were free starting from Day One? That, oddly enough, could depress salaries even more than the owners' much desired salary cap.

For the reason, one has to return to 1975, when an arbitrator (supported by later court rulings)...

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