Market Power

Musings by an academic economist on the power of markets and the power over markets.

Sunday, January 30, 2005

Delgado and The Marlins

I posted this and this over at The Sports Economist regarding the signing of Carlos Delgado by the Florida Marlins. The first piece is (fortunately or unfortunately) the first instance I've seen this year of a baseball owner (Peter Angelos of the Orioles) claiming that baseball salaries are getting so out of whack that teams are going to have to raise ticket prices just to pay them. Click on the links to read more.