Description: Major League Baseball deal-making came to a screeching halt at midnight on Thursday when the league’s collective bargaining agreement expired, causing a lockout. But that didn’t stop a record-setting amount of cash that was doled out in the free agency market in the days before.
Source: CNBC.com
Date: Dec 06, 2021
Link: https://www.cnbc.com/2021/12/06/baseballs-record-setting-free-agency-spending-spree-in-charts.html
Questions for discussion:
- What are the managerial implications of this report?
- How do you think it will influence the business of sports, in general?