• Salary cap - Wikipedia
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In professional sports, a salary cap (or wage cap) is an agreement or rule that places a limit on the amount of money that a team can spend on players' salaries.

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The difference in nominal salaries at Williams Deacon's was substantial
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. New Jersey Gov. ChrisChristie (R) has spent about $300,000 of taxpayer money on food and drinks during his five years inoffice, according to an analysis released Monday. The report from New Jersey Watchdog foundChristie spent more than $82,000 alone at MetLife Stadium, the home of the New York Giants and NewYork Jets, during the 2010 and 2011 football seasons. The New Jersey Republican State Committeelater reimbursed the state for the full amount, and Christie has since stopped using the expenseaccount at sporting venues.

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In professional sports, a salary cap is an agreement or rule that places a limit on the amount of money that a team can spend on players' salaries. It exists as a per-player limit or a total limit for the team's roster, or both. Several sports leagues have implemented salary caps, using it to keep overall costs down, and also to maintain a …
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Last week, ESPN, often referred to as the Worldwide Leader in Sports, laidoff around 100 employees. The cuts were painfully public and claimed the jobs of some of the top talent and mostfamiliar faces at the network. At the heart of the latest downsizing, as with earlier layoffs, is math: Thenetwork has committed billions of dollars to broadcast live sports, and waves of cord-cutters now threaten the cash flow topay those bills. But amid the hand-wringing over the cable giant's business outlook, a subplot has begun to dominatethe coverage: ESPN'S politics. "[The] collapse has been aided by ESPN's absurd decision to turn into MSESPN, aleft wing sports network," wrote Clay Travis on Wednesday. "ESPN made the mistake of trying to make liberalsocial media losers happy and as a result lost millions of viewers."

 

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Donald Trump's Immigration Reform Will Raise Wages, …
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. Senator Sheldon Whitehouse (D-RI) warns sports stadiums are at risk from the "sea level rise effects of climate change," and that climate change specifically threatens hockey and skiing. "We see significant sports facilities, the palaces of — of sport that are at risk from the storm, climate, sea-level rise effects of climate change," Sen. Whitehouse said today following a closed-door climate discussion with executives from the NFL, NHL and NBA.

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This year, the jump was $10 million, or 8.1 percent, which is the largest rise -- by percentage -- since 2006, which was the first year of the previous CBA. "The salary cap was only stagnant because league revenues were stagnant at the time," NFL Players Association spokesman George Atallah said.


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. Football is a sport, but it is also a business. Fans pay big money for tickets, gear, parking andoverpriced food and drinks. They have put up with a lot to root for their favorite teams, but these protests, whichmany regard as disrespecting America and the flag, may have exceeded their high tolerance level. [...] These players should firstconsider who is responsible for their unequally high salaries. Where else could most of them earn that kind of money? If fans stop coming to games and watching them on TV, the unique covenant between player and fan will be broken, perhaps forever.

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. It's going to be a very unhappy holiday season for employees at ESPN asreports indicate more layoffs are coming between now and Christmas after massive losses to the anti-Trump sportsnetwork. Somewhere between 60 and 100 employees are slated for the chopping block through the end of the year whichrepresents $80 million in salaries ESPN is trying to salvage to offset an almost $1 billion budget shortfall.

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. The New York State attorney general on Tuesday [11/10/2015]ordered the two biggest daily fantasy sports companies, DraftKings and FanDuel, to stop accepting bets from New York residents, saying their games constituted illegal gambling under state law. [...] The cease-and-desist order by the attorney general, Eric T. Schneiderman, is a major blow to a multibillion-dollar industry that introduced sports betting to legions of young sports fans and has formed partnerships with many of the nation's professional sports teams.