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The pandemic has affected most sectors and all have taken different roads to fix the problems presented by this. One of the worst to handle the pandemic is the MLB and if it survives until the end of next year it will be a great surprise the way that they are going. Owners and players are in a battle with each other along with a whole host of other issues. There needs to be significant progress made from now until the end of the year or we will see many clubs having to close their doors for good.
Most of the owners of MLB clubs are extremely wealthy and if baseball in the USA is going to survive, they are going to have to dig deep into their pockets. The players know how rich the owners are and feel that it’s unfair for them to financially suffer when the owners could easily afford to bail out their clubs. If the war between these two parties does not stop, it could result in the complete collapse of the MLB.
2020 so far has been a disaster and it is hoped that a fresh start can be made in 2021. It was frustrating for fans and those that like to have a wager on the games when the lockdown forced closure. To keep fans entertained Bet-mt.com was offering a range of different types of wagering when baseball stopped. Overall, it was a hard experience for most and with many parts of the states going into second lockdowns, it is going to be mentally challenging to get through.
The MLB has been suffering over the last decade as the sport is declining in popularity. Others such as the UFC and Soccer have taken their place in the USA. What made it profitable was the stadiums packed with fans and now that they can not have that, the whole thing is falling apart. It is like having a pop concert with no fans, you’re not going to make any money.
To move forward the players are going to have to take a large percentage cut of around 70% to help rebalance the books. That is a massive amount and it is understandable why many are not prepared to go to this level when the owners are so rich. Without the Government’s support things would be a lot worse and when that stopped, it is going to be hard for many to stay afloat.
Hopefully, the salary concessions can be over the short-term and things can get back to normal. I feel very sorry for the next set of players about to achieve their dream of playing in the MLB. There is going to be no money to pay their salaries and they are going to receive a tiny percentage of what they initially dreamed of.
The MLB now needs to be completely restructured and it may be the last we see of multi-million dollar salaries for a very long-time. That may result in less talent coming through as money is a big driving factor why many want to play professional sports.
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