Dynasties or Parity? How MLB, the NFL, and the NBA try to find competitive balance

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MLB owners and players are preparing for a likely lockout, and potentially missed games in 2027, over the contentious issue of adopting a salary cap. Owners are fighting to keep payrolls in check, and players want to get paid what they think they deserve.
But don't be confused — this isn't a referendum on curbing sports dynasties.
"We don't think dynasties are bad," said Morgan Sword, MLB's executive vice president of baseball operations, in an interview with CNBC Sport. "Dynasties that are achieved on well-run organizations can be wonderful for a league and engage people outside of that city."
Earlier this week, MLB proposed a cap of $258.2 million and a floor of $180.2 million to start in 2028.
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