#2 - New stadiums have a part in those concession prices but where do those owners come up with the money for those salaries??? They get the money from concession stands, ticket sales, media deals and other ancillary revenues. However, the prices in those concession stands, tickets sales and other revenues have absolutely nothing to do with player salaries. Here is a quick way to understand this fact: Assume a team has a 50,000 seat stadium. If they charge $1 a ticket, they will sell 50,000 seats per game ($50,0000 in revenue). If they charge $2 a ticket, they will sell 50,000 seats per game ($100,000 in revenue). If they charge $10 a ticket, they will sell 47,000 seats per game ($470,000 in revenue). If they charge $20 a ticket, they will sell 37,000 seats per game ($740,000 in revenue). If they charge $30 a ticket, they will sell 29,000 seats per game ($870,000 in revenue). If they charge $40 a ticket, they will sell 16,000 seats per game ($640,000 in revenue). If they charge $50 a ticket, they will sell 13,000 seats per game ($650,000 in revenue). If they charge $75 a ticket, they will sell 7,000 seats per game ($525,000 in revenue). So, the best way to maximize their revenue is to sell tickets in the neighbourhood of $30/ticket. The question to you is: How big is the salary for the team I am discussing? The answer is: It doesn't matter, as team salary has no effect on the price of tickets. You can apply this same logic when looking at the price of concession stand items, parking lot prices and media deals. The end result is the same: Team salaries do not affect the price of tickets/concessions.
The owners of MLB teams are not rich enough to pay a hundred million dollars a year without some revenue. Shit even Bill Gates would go broke. Actually, if Bill Gates were to sell off only his Microsoft shares right now and receive no other source of income (now and in the future, including basic bank interest on his money), and were to pay the salary of the 2006 New York Yankees every season, he could do so for the next 120 years. Rogers Communications owns the Toronto Blue Jays. They had an revenue of $7.48billion (Cdn) for the last fiscal year. I'm pretty sure they could pay for the salaries of the Toronto Blue Jays for many, many years.
Actually, if Bill Gates were to sell off only his Microsoft shares right now and receive no other source of income (now and in the future, including basic bank interest on his money), and were to pay the salary of the 2006 New York Yankees every season, he could do so for the next 120 years. Then...then...why the hell doesn't he???
"Amendment IV The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated, and no warrants shall issue, but upon probable cause, supported by oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized." Okay, so no explicit right to privacy, but the fourth amendment obviously protects our privacy against government intrustion without probable cause.
Okay, so no explicit right to privacy, but the fourth amendment obviously protects our privacy against government intrustion without probable cause. Sure, a judge has to issue a warrant, which is not really a huge hurdle. In this case, despite the fact that a case was pending contesting the subpoena and that the government didn't really believe that any documents were going to be destroyed, the judge signed off on the warrant anyway. Anyway, there are so many exceptions to the freedom from unreasonable search and seizure that it isn't as strong as the it sounds.
It isn't as strong as it should be, I agree. I guess my point is, I have nothing to hide, so the government shouldn't have sufficient evidence for a warrant so they shouldn't be able to search my house. The government has to prove they have enough reason to search, they don't have the right to barge in wherever they feel. The protection this amendment offers has been eroded, and will be eroded, and this decision eroded it further. It isn't going to get better because a lot of people are willing to accept intrustions into other peoples privacy under the "If you have nothing to hide" argument.
What's worse is that the primary way the 4th amendment is enforced is by suppressing evidence that was found. So, if the government stomps into your house and doesn't find anything anyway, then what recourse do you have? Civil lawsuit? It is a rather common problem in the poor areas of DC. They come in destroy your house looking for something, cut up all your mattresses, then realize that they have the wrong apartment number. Oops.
They come in destroy your house looking for something, cut up all your mattresses, then realize that they have the wrong apartment number Which is exactly what happened to this family in Ohio (I think it was in Ohio). The Feds obtained a search warrant for a household that was downloading kiddie porn unto their computer and ended up raiding a home that contained a husband and wife along with their children. Lo & behold, they raided the wrong home. The house they were looking for was a street over. Now that's a crime.