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The Costas Plan:
All media revenue, national and local, is thrown into a pot for each team to take from equally, and this number becomes a salary floor, which each team must spend. Twice that would be the salary cap, which is the most a team could spend. Each team keeps their ticket revenue at the same splits they use now, plus all their other revenue.
29 owners would do this deal, because it allows them to make their teams competetive while limiting the resources of the biggest markets. Steinbrenner would go along, because he could be forced to sell if he doesn't.
The players would do this because, as it is a number based on the income the sport brings in, there would still be salary increases all the time. They would also not have to worry about the risk a strike poses to their livelyhoods, or the negative impact on the fans.
Everyone would win.
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"Final thought: I just rented Michael Moore's Bowling for Columbine. Frankly, it was the worst sports movie I've ever seen."
--Peter Schmuck, The (Baltimore) Sun
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