70. Sports and Economics Part 2: Salary Caps and the Stadium Game

32 min 48 sec

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In this second episode, Enoch and Tim go deeper into the machinery of professional sports economics. How do salary caps really work, and who do they really help? What is a player actually worth to a team? And when a city spends hundreds of millions of dollars to build a new stadium, is it a good deal for taxpayers? The answers turn out to be more surprising than most sports fans may expect.

Credits: Drew Elliot (music)