- Cafe Hayek - http://cafehayek.com -


Posted By Don Boudreaux On July 18, 2011 @ 11:58 pm In Complexity & Emergence,Sports | Comments Disabled

I confess to following only one sport passionately: American football (both college and the N.F.L.).  I confess further to being what I have been since 1967: a black-and-gold bleeding fan of the New Orleans Saints [1].  (The first thing I read in the morning ain’t the opinion sections of the Wall Street Journal, New York Times, or Boston Globe; it’s not any economics tome or history volume; it is – always, daily – the Saints section of the New Orleans Times-Picayune [2].  No joke.  I get around to reading that less-important stuff only later.)

So as the N.F.L. labor lockout (apparently) draws to a close, the following question occurs to me:

Suppose that today a group of people form today the National Frisbee League (N.F.L.).  They develop rules for a team sport played by really good Frisbee players.  From the outset – July 18, 2011 – these National Frisbee League pioneering entrepreneurs list as among their league’s rules a prohibition on any team in the National Frisbee League to pay any player more than $100,000 annually – certainly a decent salary in modern America, but not remotely close to a princely sum.

Suppose the National Frisbee League becomes wildly popular – say, similar in popularity to the National Football League.  Further suppose (hardly far-fetchedly) that, without the strict $100,000 per-player cap, many teams would compete for Frisbee talent by offering millions of dollars a year.

But no such competition is permitted by league rules.  It has never been permitted.

Questions: Would the sport suffer much?  Would this strict per-player annual-salary cap be economically unjustified (that is, should the National Frisbee League abandon – to promote its owners’ own best interests – the salary cap after the owners realize just how wildly popular the National Frisbee League has become)?

The above two questions are not rhetorical.

UPDATE:  What if the per-player annual salary cap were instead $1M – a lot of money even by modern American standards, but not a lot by the standards of the National Football League circa 2011?

Be Sociable, Share!
  • [3]
  • [4]
  • [5]
  • [6]
  • [7]



Article printed from Cafe Hayek: http://cafehayek.com

URL to article: http://cafehayek.com/2011/07/n-f-l.html

URLs in this post:

[1] a black-and-gold bleeding fan of the New Orleans Saints: http://cafehayek.com/2009/12/a-meaningless-post.html

[2] the Saints section of the New Orleans Times-Picayune: http://www.nola.com/saints/


  • : http://twitter.com/intent/tweet?text=N.F.L.%20-%20http%3A%2F%2Fcafehayek.com%2F2011%2F07%2Fn-f-l.html%20


  • : https://mail.google.com/mail/?view=cm&fs=1&to&su=N.F.L.&body=http%3A%2F%2Fcafehayek.com%2F2011%2F07%2Fn-f-l.html&ui=2&tf=1&shva=1


  • : http://www.stumbleupon.com/submit?url=http%3A%2F%2Fcafehayek.com%2F2011%2F07%2Fn-f-l.html&title=N.F.L.


  • : http://www.google.com/reader/link?url=http%3A%2F%2Fcafehayek.com%2F2011%2F07%2Fn-f-l.html&title=N.F.L.&srcURL=http%3A%2F%2Fcafehayek.com%2F2011%2F07%2Fn-f-l.html&srcTitle=Cafe+Hayek+where+orders+emerge

    [7] Image: http://www.blinklist.com/index.php?Action=Blink/addblink.php&Url=http%3A%2F%2Fcafehayek.com%2F2011%2F07%2Fn-f-l.html&Title=N.F.L.


  • : http://www.myspace.com/Modules/PostTo/Pages/?u=http%3A%2F%2Fcafehayek.com%2F2011%2F07%2Fn-f-l.html&t=N.F.L.


  • : http://reddit.com/submit?url=http%3A%2F%2Fcafehayek.com%2F2011%2F07%2Fn-f-l.html&title=N.F.L.


  • : http://news.ycombinator.com/submitlink?u=http%3A%2F%2Fcafehayek.com%2F2011%2F07%2Fn-f-l.html&t=N.F.L.


  • : http://sphinn.com/index.php?c=post&m=submit&link=http%3A%2F%2Fcafehayek.com%2F2011%2F07%2Fn-f-l.html

    [12] Tweet: https://twitter.com/share

  • Copyright © 2011 CafeHayek.com. All rights reserved.