I agree with this but the owners *do* get to sell their asset at the end if they want to.  And as we just saw, the NBA's Los Angeles Clippers got sold for $2B 3-4 years ago and now the Phoenix Suns are being sold for $4B.  That's a $2B uptick in the value of that asset, in a smaller market.  In just a few years. 

While I agree the smaller market teams are at somewhat of a disadvantage, the local television contracts are shared among all 32 MLB teams.  Not 100%.  But a good chunk.  Plus, I'm pretty sure if any of these teams needed a "loan" to go get better players with higher price tags, the banks would be lining up at the door to give it to them.  It's pretty hard to eat through a few billion dollars $10-$25M/year at a time, especially when the underlying asset is doubling in value every 5 years (or less).

All professional sports are way out whack with the every day reality of the common man.  The problem is, we just keep feeding them.  Until *that* stops, this will just keep getting crazier.

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