The Continued Decline in Major League Baseball’s Labor Market
Noah J. Goodman (LAW ’16) analyzes the opportunity cost incurred by MLB players who sign contract extensions that delay free agency.
Free Agency
Foul Ball: Why Major League Baseball’s Current Labor Model is Flawed
This past fall, David Price, a 30-year-old free agent, signed a seven-year contract with the Boston Red Sox worth $217 million. Less than a week later, Zach Greinke, a 32-year old free agent, signed a six-year contract with the Arizona Diamondbacks worth $206 million. Despite these astronomical contracts, I argue in a forthcoming paper in