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Moneyball: Major League Baseball is in a tough spot

Moneyball: Major League Baseball is in a tough spot

Baseball used to regularly be described as America's favorite national pastime. Sadly, that phrase is getting closer to retirement with every passing year, as attendance at Major League Baseball games has been falling steadily since 2007.

So it's unfortunate for baseball fans that the collective bargaining agreement between Major League Baseball and the players' union has expired — meaning the first lockout in more than 25 years. The lockout prevents players from using team facilities, and free agents can't sign new contracts until a new agreement is reached.

Moneyball

The issue at play is, unsurprisingly, money. Unlike the NBA or NFL, the MLB has no direct mechanism for players to benefit from rising league revenues. That's partly contributed to why the median salary for MLB players has fallen by 30% since 2015. During that time the median NBA salary was up 50%.

One of the core issues is the disparity between teams. The New York Yankees pull in 10x the local revenue of the smallest teams, making negotiations a little unbalanced. As the Oakland Athletics General Manager put it in Moneyball: _"_There are rich teams and there are poor teams. Then, there's 50 feet of crap. And then there's us" — that dynamic remains true today.

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Prediction markets show “One Battle After Another” leads in Oscar race for Best Picture

It’s finally Oscars week — and with voting officially closed, all that’s left to do is count the ballots and wait to see who wins this Sunday night. 

This year, the acting categories have been the most interesting to watch, especially the showdown between “Marty Supreme” star Timothée Chalamet and “Sinners” actor Michael B. Jordan for Best Actor. While Chalamet was long the favorite, Jordan has caught up and overtaken him after winning the Actor Award.

(Event contracts are offered through Robinhood Derivatives, LLC — probabilities referenced or sourced from KalshiEx LLC or ForecastEx LLC.)

But perhaps the most exciting race of all is for Best Picture. Out of the 10 nominees, the two at the top are Paul Thomas Anderson’s “One Battle After Another” and Ryan Coogler’s “Sinners,” both of which are studio releases from Warner Bros. Discovery

Which will win the top prize seems to be split among award pundits and experts. As of Monday afternoon, Gold Derby still has “One Battle After Another” as the front-runner with odds of 76.87%. AwardsWatch, AwardsRadar, and Numlock Awards are also still predicting that “One Battle After Another” will take the statue for Best Picture.

On the other side, reporters from some major trade publications like Variety’s Clayton Davis and The Hollywood Reporter’s Scott Feinberg predict that “Sinners” will take the top honor.

Odds in the prediction markets currently show that “One Battle After Another” is still ahead of “Sinners,” with the former priced in at 75% while the latter is priced at 23%.

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