Four longstanding and wealthy U.S. pro sports leagues have labor agreements that are similar in some ways but very different in others.
The question is this: Out of the NFL, NBA, NHL and MLB, which league strikes the best balance when it comes to all-around fairness and ability for its teams to compete?
First take: Michael Rand
This is an interesting one because different leagues have different relative strengths.
The NFL probably achieves the best competitive balance, with teams able to reverse fortunes quickly, but it does so in part because management has too much leverage over players.
The NBA goes to the other extreme, with players wielding tremendous power and guaranteed annual salaries soon to top $50 million. But that affects parity.
MLB guarantees salaries, but as the only one of the four leagues without any type of salary cap a two-tiered system emerges.
My gut says the NHL, with guaranteed salaries, a hard salary cap and a free-agency system that still allows rising stars to cash in, is the best of the bunch. Perhaps not coincidentally, it also the league with the least money at stake of the four.