Australian sports should follow the English Premier League and reform salary caps
- Written by John Wilson, Senior Lecturer in Economics, University of South Australia
In order to keep fans interested, most sports leagues implement policies to achieve “competitive balance”, such as zoning, player drafts, and salary caps. These aim to spread players around and make sure one team can’t buy all the stars.
Teams rely on their rivals to produce their product, so keeping things from becoming too...
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