Every Luxury Must Be Paid For

As Spring Training for the upcoming MLB season continues, some marquee free agents were recently signed to teams looking for future success. Manny Machado signed a 10 year contract for $300 million with the San Diego Padres. At the time of the signing, it was the largest contract ever signed by a free agent in any U.S. sport. However, he did not hold this record for long. Eight days later, another free agent player made history with the new largest free agent contract in U.S. history. Bryce Harper, now with the Philadelphia Phillies, signed for 13 years for $330 million. Major Continue reading Every Luxury Must Be Paid For

The Salary Cap in Sports: Part 2 (Basketball)

In our first post about the salary cap in sports, we learned about how unlimited the baseball cap was while higher revenue teams reap the benefits. In the second part of the three part series, we will be looking at the growing NBA salary cap as it looks to make a big leap in the next couple of years, increasing the player’s benefits. The salary cap has slowly been moving up over the past three years, from nearly $59 million in the 2013-2014 season up to $70 million flat for the 2015-2016 season. For the five seasons before that, it Continue reading The Salary Cap in Sports: Part 2 (Basketball)

New T.V. Deal = More $

The NBA just signed a new T.V. deal with ESPN and TNT over the next 9 years for over $24 Billion… What this means, besides more money for everyone, is that the salary cap is expected to rise again. This will cause all sorts of excitement as new free agents will start to look for larger contracts, and teams will have the cap space to provide these contracts. The next few free agency periods are set up to be extremely exiting, with a lot of player movement, and outrageously large contracts. What I find really interesting are the contracts that Continue reading New T.V. Deal = More $