Baseballs exemption from antitrust statutes, based on the notion that it was not involved in interstate… — Andrew Zimbalist
Baseballs exemption from antitrust statutes, based on the notion that it was not involved in interstate commerce, erroneous back in 1922 and more so in the 1950s, became even more anomalous in 1957, when the Supreme Court declared football to be subject to the antitrust statutes and stated that baseball's exemption was "unreasonable, illogical and inconsistent."
p. 15Source: Wikiquote · CC BY-SA 4.0
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Baseball's owners must be the only U.S. citizens whose parents never told them the story of the boy who cried wolf. Their perennial cry of evaporating profits and imminent catastrophe in the presence of rapidly growing revenues and escalating franchise values is hard to take seriously.
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How is it that the average CEO in Japan receives an annual income of $300,000 while the average CEO in the United States earns $2.8 million?
p. 78
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p. 72

