August 31, 2010

LeBron’s unexpected impact on collective bargaining

Parity, stability, and equality. These are the major reasons why three of the four largest professional sports leagues – with the notable exception of the MLB – have negotiated a salary cap into the Collective Bargaining Agreement between the league and the player’s union.

The NBA is going through an unprecedented level of player movement. Amare Stoudamire signed a six-year, $100 million contract with the Knicks earlier this summer, and LeBron James and Chris Bosch both left the teams that drafted them (Cleveland and Toronto, respectively) to join fellow superstar Dwayne Wade in Miami.

While superstars’ moving to new teams during free…

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