03-05-2021, 05:28 PM
I would look to baseball for the example of what happened with a cash squeeze.
I don't think baseball teams have been giving out longer contracts as a way of getting around temporary cash flow issues. Outside the elite players they seem to be mainly one, some two years deals. There were quite a few players non-tendered as well for financial reasons who would have ordinarily been kept on. They didn't then go and get long deals (eg Archie Bradley).
I know the economics in that sport are different but I think it gives us an idea of what a reduction in spending looks like.
I don't think baseball teams have been giving out longer contracts as a way of getting around temporary cash flow issues. Outside the elite players they seem to be mainly one, some two years deals. There were quite a few players non-tendered as well for financial reasons who would have ordinarily been kept on. They didn't then go and get long deals (eg Archie Bradley).
I know the economics in that sport are different but I think it gives us an idea of what a reduction in spending looks like.
