Baseball has to address the disincentives created by large-scale transfers of revenue from successful clubs to less successful clubs. At high enough tax levels, the incentive is to invest somewhere other than in baseball.
More Quotes from John Henry:
(Selig) may have, in fact, saved the industry from itself by acting to limit debt.John Henry
If somebody on any team is using illegal substances we want to know about it and it should be dealt with.
John Henry
When I opened the front door, I had to shut it back and open it again. I had to do a double-take, because I didn't believe what I saw.
John Henry
I thought we did the right thing the first time. The amount was more than he was entitled to by the arbitrator's ruling.
John Henry
Mounting the instructions like this is an excellent idea. I have seen this used in a number of plants for internally generated changeover, operation and maintenance Standard Operating Procedures, but I don't recall having seen any builders putting it on the machinery.
John Henry
Ben and Jed accepted the GM roles on an interim basis with the expectation that it was likely Theo would be returning to the club at some point. They enabled us to move forward on a business-as-unusual basis, acting in the best interests of the Boston Red Sox. We agreed with them before they accepted their new positions as to what their ensuing positions would be, so this is hardly a demotion.
John Henry
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Based on Topics: Baseball QuotesBased on Keywords: disincentives, transfers
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I like to win. If I lose, I'm not very happy.
Hermann Maier
Shareholder activism is not a privilege - it is a right and a responsibility. When we invest in a company, we own part of that company and we are partly responsible for how that company progresses. If we believe there is something going wrong with the company, then we, as shareholders, must become active and vocal.
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