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29 May, 09:06

Which of the following is/are ways in which sports leagues have attempted to promote competitive balance? A. The reverse-order draft. B. Revenue sharing. C. Salary Cap. D. All of the above.

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  1. 29 May, 11:44
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    Option D is correct

    Explanation:

    Competitive balance is like wealth. It's nice to have everyone accepts, however. Nobody knows how much you need. The economic theory notes that the optimum equilibrium within a sporting league relies on the spread across the host cities of fan interests, fan density and product revenues.

    The selection of weak teams is weak because this is the best way to support their supporters. A counter-order draft may not change the strategic disparity.

    The division of profits does not lead to mitigating market imbalances.

    Wage caps are primarily perpetual tariffs on wealth. A hard limit will reduce the competitive disequilibrium.
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