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Baseball's 2018 Free Agents as an Economic Indicator

From bloomberg.com

You can learn a lot about the state of the economy by following the ebbs and flows of the Major League Baseball free agency market. Pro sports revenue grows faster during economic expansions than during recessions. Billionaire owners feel a little more flush during bull markets and are more willing to break the bank to acquire a prized free agent. And superstar players, advised by their agents, try to time their free agency perfectly, to hit the market at just the right time. When all the best players look to become free agents at the same time, it might mean that the good times are ending for player salaries and the ... (full story)

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