What are the REAL REASONS for CONTRACTION?
The 2001 MLB season ended with one of the greatest World Series ever. Since it’s completion many positive things have happened: an international sensation, Ichiro became the first player since Fred Lynn in 1975 to win both the Rookie of the Year and the MVP, Roger Clemens won his unprecedented sixth Cy Young, and Barry Bonds became the first player ever to win four MVPs. All of that, however, has been greatly overshadowed by one suddenly infamous word – Contraction. Baseball commissioner Bud Selig claims it simply must be done, he says the owners are losing money and that it cannot continue. Selig says the process is economically motivated and that the owners have finally begun to address the problems that plague baseball. A recent study performed by Stanford economics professor, Roger G. Noll, suggests that contraction does not make sense from an economic standpoint and that Selig and the owners may have ulterior motives for initiating the contraction process. Here is a look at that s
