3 ms·
I get what you're saying. Though I'm not sure baseball is the best example here as baseball is kind of broken right now. Look at the strikes, bargaining issues
by hxta98596 10y ago
I get what you're saying. Though I'm not sure baseball is the best example here as baseball is kind of broken right now. Look at the strikes, bargaining issues and communist cartel of baseball team owners needing to cooperate to keep it together, just barely.
Other industries have similar development programs like pro baseball's farm and minor leagues. But all these are getting difficult to maintain. Pro baseball teams supporting minor leagues isn't what it used to be and they have become harder to afford. Still I agree there are many lessons to take from what baseball does well and not so well.
I do agree a lesson from baseball is that the best in journalism should be highly paid for their work. Journalism needs to continue to attract and retain talented professionals who are compensated competitively. This is harder than it might sound though. Professional baseball players don't really have their salaries paid for by wealthy folks; rather players make a lot of money because of MLB television and media rights in the billions of dollars. Players play 162 games on television every season so TV commercials and expensive TV cable packages is what pays for baseball.
One big advantage if the endowment model can be pulled off and funded as a source for journalists income is it could in theory help minimize the corruption and pandering to advertisers at the higher levels of journalism too.