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Professional Team Sport Leagues in Australia III
Manage episode 310362214 series 3053306
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This lecture, the second of three on 'Professional Team Sports Leagues in Australia', follows on from the previous one insofar that the 'unrestricted' model under the assumption of win-max (AFL) [and compared to profit-max (Major Leagues)], is now 'restricted' with common past and present policies used to ensure competitive balance. These policies include, draft/zoning/reserve clause; salary cap (and minimum salary); gate-revenue sharing; and league-revenue sharing. As we see, the conclusions on the effectiveness (or otherwise) of these policies varies greatly depending on the scenario involved.
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