Free Agency: Pro Sports' Big Challenge


Professional sports leagues are thriving in the United States. Fan attendance is at an all-time high and TV revenues are skyrocketing. But the issue of free agency continues to plague player-management relations. The owners insist there must be restrictions on players' movement to assure competitive balance (and, not incidentally, to keep salaries down). The players, while not totally rejecting management's argument, believe they should have more latitude to negotiate with other teams (to keep salaries up). In the end, players and owners may find they need to work together to maximize salaries and profits.

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