“Baseball's owners must be the only U. S. citizens whose parents never told them the story of the boy who cried wolf. Their perennial cry of evaporating profits and imminent catastrophe in the presence of of rapidly growing revenues and escalating franchise values is hard to take seriously.”

Source: Baseball And Billions - Updated edition - (1992), Chapter 3, Franchise Finances, p. 47.

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Andrew Zimbalist 17
American economist 1947

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