EVALUATION OF THE MLB FULL ANTITRUST EXEMPTION AND ITS IMPLICATIONS BETWEEN THE CORRELATION OF THE SALARY CAP SYSTEM AND ITS IMPACT ON THE ECONOMY, TEAMS, PLAYERS, AND THE LEAGUE

This thesis focuses on the analysis of the potential positive relationship between the lack of the incorporation of a salary cap system and the full exemption from antitrust laws for Major League Baseball the only professional league to have this complete exemption from antitrust laws. This thesis also endeavors into the potential impacts of the incorporation of the salary cap on the main stakeholders of the Major League. Finally, the thesis concludes with a strong hypothesis supported by the research conducted in this thesis of the relationship between the lack of a salary cap system and the full exemption from antitrust laws.