Review the section called Investor Insight in Chapter 3 ofyour text which shows the major revenue and expense accounts of theChicago Cubs baseball team. Considering the huge increase inprofessional baseball players salaries in the last decade what doyou think has happened to total expenses and net income ofprofessional baseball teams? If net income has not decreased whathas been done to offset the higher salaries? Should fans beexpected to pay higher prices for Americas national pastime tohelp offset the costs of higher salaries? Respond to at least twoof your classmates posts.
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