Salary Caps are to Ruin our Future Many players of professional sports have billions of dollars from signing a multi-year contract‚ many of those players are judged on how much they play‚ how hard they work and many other points to determine how much they get paid. At the same time many of those players have a limit set on them on how much their maximum salary is. This limit is called a salary cap; a limit on the amount of money a team can spend on other players salary. This cap is happening currently
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Topic: An analysis of the ethics of the Melbourne Storm NRL Club’s salary cap breaches Section 1 The purpose of this essay is to analyse the ethics of the Melbourne Storm NRL Club’s salary breach with reference to the management literature on business ethics. This essay will look at three separate articles discussing business ethics and then link the information found on ethical decision making towards the Melbourne Storm salary breach scandal. The first article will discuss networking and its link
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rugby league club was involved in a long term salary-cap breach scandal. "They had a long term system of effectively two sets of books and the elaborate lengths they have gone through to cover this up has been extraordinary‚" said NRL chief David Gallop (2003). It was disclosed that the Storm had been paid $1.7 million to their players for the past five years and including roughly about $700‚000 in year 2010. However‚ this amount was over the salary cap amount‚ and strictly not allowed (NRL‚ 2010)
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Should There be a Salary Cap in Football Did you know that Manchester City FC are paying two hundred and two million pounds in player wages this season. Do you the reader think this is fair on other clubs who don’t have the same resources? Do you think this is a shocking amount of money for the services of just twenty five men? If one day a salary cap of forty million pounds was introduced would you agree to it? I know I would. In this persuasive essay I will try to persuade you into agreeing with
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In 1881‚ Chicago White Stockings owner Albert Spalding said “Salaries must come down or the interest of the public must be increased in some way. If one or the other does not happen‚ bankruptcy stares every team in the face" (Baseball Quotes SI). This obviously did not happen and teams are still flourishing‚ but even in 1881 when the top salary was $1‚500 individuals were complaining about players’ salaries. We’ve all heard complaints and stories of the outrageous amounts of money professional athletes
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for outrageously high player salaries. The challenge for team owners is to attract the best talent while balancing their overall investment. The five major sports in the United States – Major League Baseball (MLB)‚ National Football League (NFL)‚ National Basketball Association (NBA)‚ National Hockey League (NHL) and Major League Soccer (MLS) - have differing systems for managing player salaries. No one sport has the perfect model; there are issues with each. Salary caps are agreements or rules put
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Geiselmann Freshman Composition 28 February 2013 Salary Caps: Financial & Competitive Stabilizers Professional sport leagues have many restrictions within their organization to prevent the downfall of their leagues. There is one restriction in particular which prevents the leagues from financially collapsing. This restriction is known as a salary cap. A salary cap is the amount a team can spend on their player roster and coaching staff. Salary caps help the league maintain an equal competition
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Thesis Statement: Professional athletes should not have a salary cap because they have put in more work‚ time‚ and dedication than others‚ and now they have more to strive for so they can be the top performer. Body Paragraph #1 Topic Sentence: Many professional athletes fought the pain and dedication to make the big money they make now. Supporting Evidence #1: According to the article “an athlete’s salary can range from $100‚000 to $1‚000‚000 (Professional athletes‚ 2014)”. Explanation: Not
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CAPS Program CAPS Program The Chicago Alternative Policing Strategy‚ also known as CAPS‚ combines the efforts of the police‚ the community‚ and other agencies to solve various problems within the community. The approach of the CAPS program is to be proactive instead of reactive. "Problem solving at the neighborhood level is supported by a variety of strategies‚ including neighborhood-based beat officers; regular Beat Community Meetings involving police and residents; extensive training for
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Banned substances in baseball has been an ongoing issue for Major League Baseball. Several players have come forward in recent years to suggest that drug use is rampant in baseball. David Wells stated that "25 to 40 percent of all Major Leaguers are juiced". Jose Canseco stated on 60 Minutes and in his tell-all book Juiced that as many as 80% of players used steroids‚ and that he credited steroid use for his entire career. Ken Caminiti revealed that he won the National League MVP award while on steroids
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