The business of baseball stands in sharp contrast to the game's wholesome image as America's favorite pastime. Major league baseball is a deeply troubled industry, facing chronic problems that threaten its future: persistent labor tensions, competitive dominance by high-revenue teams, migration of game telecasts to cable, and escalating ticket prices.

This book explores the abuses of the baseball industry and how these problems are directly connected to public policy, including Major League Baseball's monopoly status and its presumed antitrust exemption.