Minor League Baseball: Boom Or Bust To Communities?

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Term Paper Title	Minor League Baseball: Boom Or Bust To Communities?
# of Words	2812
# of Pages (250 words per page double spaced)	11.25

Minor League Baseball: Boom or Bust to Communities?

Minor League Baseball: Boom or Bust to Communities?

     Despite the occasional disappointment, minor league baseball provides
many communities with economic development and an improved quality of life.
Communities as small as Elizabethtown, Tennessee or as large as Phoenix, Arizona
have shared the common bond of being the homes of major league farm teams.  This
is referred to as the National Association of Professional Baseball, or more
commonly known as the “minor leagues.”  As the popularity of major league
baseball seems to be decreasing due to the recent player strike, free agency,
and anti-trust labor laws, minor league baseball has generated excitement that
can only be associated with baseball in the good old days.  This excitement is a
purity of spirit which the majors no longer possess.  “It is baseball in its
simplest form-- just ball, bats, gloves, and lifelong dreams.  The parks are
generally small, the players, hardworking young men whom local fans are likely
to run into the next day at the mall or maybe the corner bar.  A family of four
can see a game, eat dinner--maybe even pick up a souvenir or two--without having
to consider a second mortgage.  No lockouts, no holdouts, no five-dollar beers,
and the umpire is the only one who can call a strike.  “Just the national
pastime, played the game it is,” says one editor of The Minor League Baseball
Book.
     There are currently 156 teams that are part of the National Association
of Professional Baseball.  This number will grow in the next few years with the
addition of two expansion teams at the major league level.  There have also been
a number of independent leagues formed which are said to be the “future of minor
league baseball.” The success of these teams have shown how the value of these
franchises have grown over the past ten years.  In the past, class AAA teams
would sell for three hundred thousand dollars while a smaller class A team went
for fifty thousand.  Today the class AAA teams are being sold for as high as
five million dollars while class A teams are going for around one million.  The
best example of the fact that franchises have grown in value over the years is
the Reading Phillies.  Joe Buzas, a minor league baseball entrepreneur, has
owned and operated twelve minor league teams in seventeen cities since 1956.  In
1976, Buzas bought the Reading Phillies franchise for $1.  Ten years later in
1986 he sold it for $1,000,000.
     The addi...

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