4 ms·
It's no different than professional sports. When you win the super bowl for instance, the value of many of your players (employees) suddenly jump. At that point
by open592 3y ago
It's no different than professional sports. When you win the super bowl for instance, the value of many of your players (employees) suddenly jump. At that point it's infeasible to pay everyone what they can realistically get on the market. Thus you identify and pay your most essential assets, and the others leave and receive huge pay bumps.
I think it's very valuable for the industry, and as long as the teams who are picking up these employees are able to utilize them effectively, will result in broader innovation.
- dragonwriter 3y ago> At that point it's infeasible to pay everyone what they can realistically get on the market. Largely, because of salary caps created fairly explicitly to break the winning -> popularity -> money -> monopolizing talent -> winning positive feedback loop. Success feedback loops aren't quite so constrained in most other industries.
- entangledqubit 3y agoWith the compensation deferral setup (like Ohtani in MLB), I'm curious if the influence of the caps will be eroded.
- golergka 3y agoInteresting dynamic, never thought of that. Were there instances where a sports club actually didn't want to win some title to prevent exactly this from happening? How would the sports association react if the club decided to throw the match for this reason?
- passion__desire 3y agoSumo wrestlers throwing away matches so that the other player can record a winning streak.
- scarface_74 3y agoWell, I know it’s not the same thing. But some sports clubs do try to lose so they can get a higher place in the draft picks. https://en.m.wikipedia.org/wiki/Tanking_(sports) https://en.m.wikipedia.org/wiki/Tanking_(sports) And of course when kids don’t want to play during the summer /s https://en.m.wikipedia.org/wiki/The_Losing_Edge https://en.m.wikipedia.org/wiki/The_Losing_Edge