The philosophy of sports in America does not match with our economic policy.
This may seem like a bold and counter-intuitive statement but it is absolutely correct. Capitalism at its core has no regulating agency. It is a free-for-all on talent and ideas where only certain businesses succeed. Rarely, does the government choose winners and losers or try to level the playing field.
In our athletic system however this is not the case. Limiting factors are put in to prevent excessive unfairness in most regards. Colleges only receive a limited number of scholarships that can be given to incoming athletes. This somewhat prevents the biggest best colleges from signing and personally financing even more top talent. Additionally, the NCAA strives to prevent in-proper benefits for players, such as pay-for-play scams in the Reggie Bush and Cam Newton instances. The system is not perfect and many argue ethically exploitative of the players, but it does maintain semi-balance among teams.
In all main profession sports in the United States, a draft system is employed. With a draft, all teams have an even shot at the chance to sign amateur player to a professional contract. The lottery based draft system that the NFL, NBA, MLB, and NHL employ also attempts to balance teams. The worst teams are given first choice of players. In addition to all this, our pro sports league maintain salary caps. A salary cap, is the maximum a team may spend on all of its player’s contracts. This ensures that a wealthy owner doesn’t overspend all competition and sign every one of the top athletes.
I do not know about you, but I for one have never seen the government limit the number or maximum pay a company can have. When you graduate top universities, I wasn’t aware that tiny little firms had the right to force you to work for them? And when exactly are pay-for-play performance bonuses frowned upon in sales and management positions?
It seems fair to say that in America, we support a socialist sports structure. I know I for one would rather see a highly competitive game between relatively equal competition than a juggernaut destroying a semi-professional team.