MLB Industry Growth Fund is a pool of money collected by Major League Baseball. The purpose of the Industry Growth Fund (IGF) is, essentially, to promote Major League Baseball. Specifically, there are three goals; to enhance fan interest in the game, to increase baseball's popularity, and to ensure industry growth into the 21st century. It was created as part of the Major League Baseball (MLB) Collective Bargaining Agreement (CBA) in 1997.
Major League Baseball (MLB) is a professional baseball organization, the oldest of the four major professional sports leagues in the United States and Canada. A total of 30 teams play in the National League (NL) and American League (AL), with 15 teams in each league. The NL and AL were formed as separate legal entities in 1876 and 1901 respectively. After cooperating but remaining legally separate entities beginning in 1903, the leagues merged into a single organization led by the Commissioner of Baseball in 2000. The organization also oversees Minor League Baseball, which comprises 256 teams affiliated with the Major League clubs. With the World Baseball Softball Confederation, MLB manages the international World Baseball Classic tournament.
Baseball is a bat-and-ball game played between two opposing teams who take turns batting and fielding. The game proceeds when a player on the fielding team, called the pitcher, throws a ball which a player on the batting team tries to hit with a bat. The objectives of the offensive team are to hit the ball into the field of play, and to run the bases—having its runners advance counter-clockwise around four bases to score what are called "runs". The objective of the defensive team is to prevent batters from becoming runners, and to prevent runners' advance around the bases. A run is scored when a runner legally advances around the bases in order and touches home plate. The team that scores the most runs by the end of the game is the winner.
Collective bargaining is a process of negotiation between employers and a group of employees aimed at agreements to regulate working salaries, working conditions, benefits, and other aspects of workers' compensation and rights for workers. The interests of the employees are commonly presented by representatives of a trade union to which the employees belong. The collective agreements reached by these negotiations usually set out wage scales, working hours, training, health and safety, overtime, grievance mechanisms, and rights to participate in workplace or company affairs.
The IGF is managed by a seven-member board of directors. The board of directors meets in person at least three times per year.
A board of directors is a group of people who jointly supervise the activities of an organization, which can be either a for-profit business, nonprofit organization, or a government agency. Such a board's powers, duties, and responsibilities are determined by government regulations and the organization's own constitution and bylaws. These authorities may specify the number of members of the board, how they are to be chosen, and how often they are to meet.
Funding for the IGF comes, primarily, from the MLB Competitive Balance Tax. Additional funds may also come from the Major League Baseball Players Association (MLBPA) or the individual baseball clubs. [1]
The Major League Baseball Players Association is the collective bargaining representative for all current Major League Baseball players. All players, managers, coaches, and athletic trainers who hold or have held a signed contract with a Major League club are eligible for membership in the Association.
Bowie Kent Kuhn was an American lawyer and sports administrator who served as the fifth Commissioner of Major League Baseball from February 4, 1969, to September 30, 1984. He served as legal counsel for Major League Baseball owners for almost 20 years prior to his election as commissioner.
A luxury tax in professional sports is a surcharge put on the aggregate payroll of a team to the extent to which it exceeds a predetermined guideline level set by the league. The ostensible purpose of this "tax" is to prevent teams in major markets with high incomes from signing almost all of the more talented players and hence destroying the competitive balance necessary for a sport to maintain fan interest. The money derived from the "tax" is either divided among the teams that play in the smaller markets, presumably to allow them to have more revenue to devote toward the contracts of high-quality players, or in the case of Major League Baseball, used by the league for other pre-defined purposes.
In Major League Baseball (MLB), the injured list is a method for teams to remove their injured players from the roster in order to summon healthy players.
Marvin Julian Miller was an American baseball executive who served as the Executive Director of the Major League Baseball Players Association (MLBPA) from 1966 to 1982. Under Miller's direction, the players' union was transformed into one of the strongest unions in the United States. In 1992, Red Barber said, "Marvin Miller, along with Babe Ruth and Jackie Robinson, is one of the two or three most important men in baseball history."
The Negro Leagues Baseball Museum (NLBM) is a privately funded museum dedicated to preserving the history of Negro league baseball in America. It was founded in 1990 in Kansas City, Missouri, in the historic 18th & Vine District, the hub of African-American cultural activity in Kansas City during the first half of the 20th century. The NLBM shares its building with the American Jazz Museum.
A Major League Baseball roster is a roster of players allowed by league agreement to play for their respective Major League Baseball team. There are two types of rosters in general, the "active roster" of 25 players and the "expanded roster" of 40 players.
The first-year player draft is Major League Baseball's primary mechanism for assigning amateur baseball players from high schools, colleges, and other amateur baseball clubs to its teams. The draft order is determined based on the previous season's standings, with the team possessing the worst record receiving the first pick. The most recent draft was held on June 4–6, 2018.
Kenneth Wayne Singleton is an American former professional baseball player and current television sports commentator. He played as an outfielder and designated hitter in Major League Baseball for the New York Mets, Montreal Expos, and Baltimore Orioles.
A doubleheader is a set of two baseball games played between the same two teams on the same day in front of the same crowd. In addition, the term is often used unofficially to refer to a pair of games played by a team in a single day, but in front of different crowds and not in immediate succession.
The Fantasy Sports Trade Association (FSTA) is a Madison, Wisconsin-based trade group representing the fantasy sports industry, listing over 200 member companies on its web site as of January 2017. Members range from small startups to large media corporations. FSTA was founded in 1998 and provides demographic data, annual conferences and collective action including lobbying to support the growth of fantasy sports leagues.
The Report to the Commissioner of Baseball of an Independent Investigation into the Illegal Use of Steroids and Other Performance Enhancing Substances by Players in Major League Baseball, informally known as the "Mitchell Report," is the result of former Democratic United States Senator from Maine George J. Mitchell's 20-month investigation into the use of anabolic steroids and human growth hormone (HGH) in Major League Baseball (MLB). The 409-page report, released on December 13, 2007, covers the history of the use of illegal performance-enhancing substances by players and the effectiveness of the MLB Joint Drug Prevention and Treatment Program. The report also advances certain recommendations regarding the handling of past illegal drug use and future prevention practices. In addition, the report names 89 MLB players who are alleged to have used steroids or other performance-enhancing drugs.
John Thomas Young was an American professional baseball player. He also scouted and worked in the front office. Young played in Major League Baseball for the Detroit Tigers in 1971. He founded Reviving Baseball in Inner Cities (RBI), a youth baseball program aimed at increasing participation among African Americans in baseball.
The MLB lockout may refer to the lockouts or strikes of Major League Baseball:
The 1993 Major League Baseball expansion resulted in Major League Baseball (MLB) adding two expansion teams to the National League (NL) for the 1993 season: the Colorado Rockies and the Florida Marlins.
The Biogenesis baseball scandal broke in 2013 when several Major League Baseball (MLB) players were accused of obtaining performance-enhancing drugs ("PEDs"), specifically human growth hormone, from the now-defunct rejuvenation clinic Biogenesis of America. After an ex-employee annoyed over missing back-pay revealed clinic records that were "clear in describing the firm's real business: selling performance-enhancing drugs", MLB sued six people connected to Biogenesis, accusing them of damaging the sport by providing banned substances to its players. In July, thirteen involved players received lengthy suspensions of fifty or more games.
Historic Dodgertown is a multi-sport facility in Vero Beach, Florida where athletes of all ages and skill levels have the opportunity to train, play, and stay together. The facility which includes the historic Holman Stadium was originally created as a Navy housing base, and was transformed into the home of Spring Training for the Los Angeles Dodgers baseball team. It has since evolved into a multi-sport destination that includes an option of room and board via their on-site villas.
Minor League Baseball is a hierarchy of professional baseball leagues in the Americas that compete at levels below Major League Baseball (MLB) and provide opportunities for player development and a way to prepare for the major leagues. All of the minor leagues are operated as independent businesses. Most are members of the umbrella organization known as Minor League Baseball (MiLB), which operates under the Commissioner of Baseball within the scope of organized baseball. Several leagues, known as independent baseball leagues, do not have any official links to Major League Baseball.
Major League Baseball has a luxury tax, called the “competitive balance tax”, in place of a salary cap in order to level the spending an individual team can spend on their roster. In many other professional sports leagues in North America there is a salary cap that limits what each team can spend on their players. If a league lacks a salary cap or a luxury tax, any team can spend all the money they can afford on players. This means teams with more limited financial resources cannot afford the top talent, putting them at a competitive disadvantage against rich teams.