The Missouri Council on Economic Education (MCEE) announced today that Major League Baseball Commissioner Bud Selig will participate in “The Economics of Major League Baseball”, an open discussion on the impact of the league’s salary structure and free agent system on the competitive balance of the sport. The event, sponsored by The ETF Store, Inc., will be held at Kansas City’s Union Station on July 10th prior to the 2012 Major League Baseball All-Star Game and feature a Q&A session with Commissioner Selig. The session will be moderated by The ETF Store’s Nate Geraci, Host of ESPN 1510’s The ETF Store Show, and be followed by a roundtable discussion featuring Sports Radio 810 WHB’s Nate Bukaty, Host of The Border Patrol.
Kansas City’s Major League Baseball team, the Kansas City Royals, has long been labeled a small market franchise and the ability of the Royals to field a competitive product on a consistent basis given the current economic dynamics of Major League Baseball has been heavily debated. MCEE President & CEO Mike English viewed this as an excellent opportunity to introduce a relevant economics-themed discussion into the festivities surrounding the All-Star Game. “We are extremely pleased that Commissioner Selig has agreed to take time out of his schedule to answer questions that fans have about the economic structure of Major League Baseball, as well as the impact of recent structural adjustments on competitive balance”, said English.
The ETF Store, Inc. has a long-standing partnership with the MCEE, providing ongoing financial support and participation in various educational initiatives sponsored by the not-for-profit organization. Geraci commented, “Promoting financial literacy is a core value of The ETF Store and we’re excited to participate in an event that helps further this cause in a unique and entertaining way”.
Tickets to the event are $75 each and can be purchased online at www.moeconomics.org.
