PLAY BALL - BASEBALL ARBITRATION AFTER 20 YEARS

It's been 20 years since baseball players and owners agreed to settle salary disputes through arbitration. The system has been widely critic ized by both players and owners. Some owners think that the process fa vors players because they end up getting big pay raises whether they w in or lose in arbitration. The author discusses the pros and cons of t he system, some solutions offered by both parties, and the difficulty in reaching a consensus on what changes should be made.