Diagnosis and Suggested Cure
Diagnosis and Suggested Cure
This chapter provides a diagnosis of the problem of sports leagues harming consumers. The problem is believed to be caused by the conflict of interest between the sport's best advantage and the club owners. The first proposal is that the sports leagues must be rearranged in such a way that control over the league and the competition is placed in the hands of people who have a financial interest in the overall welfare of the sport and the league, rather than in the hands of the owners, who have a narrow interest in their economic welfare. The second proposal focuses on advocacy for government intervention that would help ensure the league's membership is wholly based on value or merit.
Keywords: conflict of interest, financial interest, economic welfare, club owners, government intervention, league membership, merit
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