The Elephant in the room.....

xan · 09-15-2010, 04:46 PM

bobad, I teach this stuff at a college and I get paid a lot to consult on this. If you want, I'd be happy to have a side discussion on tax theory. No charge, as long as you pass along what you learn.

The current NFL collective bargaining agreement is set up like its own country, with taxes that are assessed for basic activities and incentives for others. The allocation/distribution of wealth is governed by both the contracts the have with 3rd parties as well as the internal agreements/contracts. There is a great pull from an oligarchic perspective to break the cabal to get a better deal (take marbles off the table). Problem is, that the marbles there in the first place depend somewhat on the way the marble get distributed. If TV is the greatest revenue source, and national organizations like ESPN are trying to maximize revenues, they have to have every team be as competitive as possible, otherwise it would be in the best interest of a regional carrier to get a monopoly on one team (like the Yankees or the Braves). Game theory generally holds that if everyone seeks the most superior position (which by definition only a few can attain) then there will be many suboptimal and super-suboptimal outcomes. If there are too many super-suboptimal outcomes, then the overall value declines and the total revenues fall. Long term profitability would be compromised, which harms the players most.

The issue isn't the system that has been put into place. I think that everyone in the NFL believes that a CBA with nearly identical structure will benefit both parties. The issue is how the pie is cut. The risk is that to hold a polar position one must expect that the system fails and a suboptimal system evolves. That new system could be even worse than government intervention!

spkb25 · 09-15-2010, 05:03 PM

Originally Posted by xan

bobad, I teach this stuff at a college and I get paid a lot to consult on this. If you want, I'd be happy to have a side discussion on tax theory. No charge, as long as you pass along what you learn.

income tax as a whole has that effect and on everyone paying into.

a lot of you teachers are keen on keynesian econ- pure garbage

A consumption tax is the only fair tax. eliminate the income tax

09-15-2010, 04:46 PM	#1
xan Professor Crab and Site Donor 2014 Join Date: Oct 2004 Location: Princeton Posts: 3,372 Blog Entries: 34	bobad, I teach this stuff at a college and I get paid a lot to consult on this. If you want, I'd be happy to have a side discussion on tax theory. No charge, as long as you pass along what you learn. The current NFL collective bargaining agreement is set up like its own country, with taxes that are assessed for basic activities and incentives for others. The allocation/distribution of wealth is governed by both the contracts the have with 3rd parties as well as the internal agreements/contracts. There is a great pull from an oligarchic perspective to break the cabal to get a better deal (take marbles off the table). Problem is, that the marbles there in the first place depend somewhat on the way the marble get distributed. If TV is the greatest revenue source, and national organizations like ESPN are trying to maximize revenues, they have to have every team be as competitive as possible, otherwise it would be in the best interest of a regional carrier to get a monopoly on one team (like the Yankees or the Braves). Game theory generally holds that if everyone seeks the most superior position (which by definition only a few can attain) then there will be many suboptimal and super-suboptimal outcomes. If there are too many super-suboptimal outcomes, then the overall value declines and the total revenues fall. Long term profitability would be compromised, which harms the players most. The issue isn't the system that has been put into place. I think that everyone in the NFL believes that a CBA with nearly identical structure will benefit both parties. The issue is how the pie is cut. The risk is that to hold a polar position one must expect that the system fails and a suboptimal system evolves. That new system could be even worse than government intervention!
	Calvin: "I wish I was a Tiger." Hobbes: "Common lament."

09-15-2010, 05:03 PM	#2
spkb25 10000 POST CLUB Join Date: Aug 2004 Location: Baltimore, MD Posts: 13,115	Originally Posted by xan bobad, I teach this stuff at a college and I get paid a lot to consult on this. If you want, I'd be happy to have a side discussion on tax theory. No charge, as long as you pass along what you learn. income tax as a whole has that effect and on everyone paying into. a lot of you teachers are keen on keynesian econ- pure garbage A consumption tax is the only fair tax. eliminate the income tax

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