Posted on 10/08/2017 12:24:42 PM PDT by mbrfl
The draft is PERFECTLY free market, not even remotely close to NOT being free market.
A bunch of men create an organization.
I want to play in that organization.
They set up rules in their organization by which they take turns on who gets to pick me first.
How is that not free market?
In the situation you outline, the ONLY way the LA prosecutor’s office could enforce that decision would be through a LAW, through the COERCIVE POWER OF GOVERNMENT.
There is nothing like that in the NFL draft.
I played soccer in high school. I still hate it.
Now that the NFL has shirt the bed, I’m glad I still have college ball. Thank goodness my Dogs seemed to have turned it around.
UGA is going to kill us.
Hey, if it helps get rid of the shark humper, I say “Bring it on!”
After the Spurrier and Meyer years, you won’t begrudge us a few drubbings, will you?
I had to Google that.
Yikes!
Do I amuse you? KMA.
After how you guys tortured us in the 80s?
“Run, Lindsey, Run!”
No way!
But in this one case, if it gets us Mike Leach, it would be worth it.
I get your point, but it’s really a matter of degree. If you take that argument to its extreme you could make the same argument, that power companies are not a monopoly because consumers of power can always choose to do without and spend their money on something else.
The market for football is sufficiently unique that it has a low substitution effect ,i.e. consumer behavior is slow to respond to increases in price by spending their dollars somewhere else, which indicates it has a high degree of uniqueness, and that other products make a poor substitution for it.
Bust Them Up! Bust Them Up! ;)
Bring back the USFL!
bump
In any other industry, this would be considered illegal collusion among separate business owners. If all the law firms in the U.S. got together and set up a salary scale through the American Bar Association that fixed salaries for law school graduates, the whole arrangement would be deemed illegal and the penalties imposed by the U.S. government would destroy much of the industry.
That's really the basis of what makes pro sports leagues monopolies by definition. On the one hand the NFL is comprised of 32 independently-owned companies, but they function as a cartel and conduct business in ways that would be illegal in any other industry.
Can you answer the question, or are you just posting nonsense here that doesn’t stand up to even 8th grade level scrutiny?
Wrong. They are ONE org, with FRANCHISES, like 7-11.
I do not get to set up a 7-11 on my own.
I must go through corporate and follow their rules.
If you own a football team, and you want to join the NFL, you are joining a single ORG that shares profits and has a boss.
And leather helmets and no pads! Man Up! ;)
Bump
It took me until this year to forgive Trump for taking away Herschel's innocence and last eligible year.
The NFL does not generate its own profits. TV and merchandise contracts are negotiated by the NFL, but profits are shared among the teams and reported on their individual tax returns. This is why the NFL was able to function as a "non-profit" corporation for so long until they voluntarily changed their status a couple of years ago.
That's really not how a company like 7-11 operates.
Free market or monopoly? Technically they have features of both, but the bottom line is that collectively the individual owners have a corner on the professionial football market and do their best to band together to keep new owners from joining their club unless it’s to their economic benefit to do so. And yet the individual teams are separately owned, and they are required to bid against one another for talent because of free agency as upheld by the courts. Part free market part monopoly. The bottom line - the consumer gets screwed.
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