The Los Angeles Angels Are Paying Mike Trout Too Much

keith bane: If you look at teams, whether it'sa baseball or basketball, that have extreme levels of inequality, which are driven by paying super stars astronomical salaries, they don't ot perform other teams that have more equality. In team sports like that, higher levels of inequality and extreme pay for the super stars is associated with poorer performance in subsequent seasons. Even if you buy the idea that maybe the super star does perform very well, the resentment and unfairness that others experience mightn't come at a cost to the team's performance. That's right. The team co ordination to be a critical factor here. So extreme disparities like that, over all, tend to be...