1994 Baseball Strike

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Title: 1994 Baseball Strike
 
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Subject: Business
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Date: May 25, 1997
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Length: 11 / 3300
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The problem, however, was that because the owners linked their revenue sharing with a salary cap, the players felt they were being asked to solve the owners' financial disparity problem. There is a noticeable difference in team payrolls, as displayed in 1993, when the the payroll of the Toronto Blue Jays was $48...
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There is a noticeable difference in team payrolls, as displayed in 1993, when the the payroll of the Toronto Blue Jays was $48.4 million, compared with San Diego Padres' payroll of only $10.6 million (Layden 17). Therefore, the idea of revenue sharing, wherein big market teams would transfer monies to the small market teams, was a good one, but it caused disputes among the owners as to how the formula would be worked out...
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