Just A Reminder

Anybody who thinks that salary caps reduce ticket prices is economically illiterate, and the Maple Laffs (“the arrogance of the Yankees with the post-LBJ accomplishments of the New Orleans Saints!”) are just the latest example of that. (Not that there’s any problem with raising ticket prices to what the market will bear if it hasn’t been accompanied by a recent massive public subsidy, but all the mention of ticket prices as a justification for the disastrous lockout is a joke.) Salary caps have nothing to do with increasing competitive balance or lessening ticket prices; they’re about putting more money in the pockets of the owners, period.