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by Rylinks 3342 days ago
>As long as you're doing the standard things that help you retain talent (like paying market rate, providing good opportunities, etc.), there should be no reason to worry, right?

Right, that's the point: sports teams benefit from being able to pay below-market rates to players they have developed. If you're doing the standard things to retain talent either way, why not just hire someone skilled?

I'm not arguing about the moral case here. It would be great if companies invested in people out of a sense of responsibility. But I don't think "As you sow, so shall you reap" translates from professional basketball.

1 comments

> sports teams benefit from being able to pay below market rates to players they have developed

They also pay to keep players off the payroll of their competitors. There's not strong incentive to develop the players in those cases.