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42 Wayne L. Rev. 73 (1995-1996)
Players without Picket Signs: A Plan for Employee Ownerships in Professional Athletics

handle is hein.journals/waynlr42 and id is 85 raw text is: PLAYERS WITHOUT PICKET SIGNS: A PLAN FOR EMPLOYEE OWNERSHIP IN PROFESSIONAL ATHLETICS JAMES 0. CASTAGNERAt MICHAEL R. OSTROWSKI* Tables of Contents I. INTRODUCTION .............................. 73 II. THE CURRENT QUANDARY OF LABOR RELATIONS IN BIG TME ATHLETICS .......................... 74 A. Background ............................... 74 B. Professional Sports and the Antitrust Laws ........ 81 III. THE WAY OUT OF THE QUANDARY: EMPLOYEE OWNERSHIP AND PARTICIPATION ................ 87 A. A Brief Survey of the Current Status ofEmployee Ownership and Participation in the United States .. 87 B. Labor Law and ESOPS ...................... 96 C. Employee Participation ..................... 100 IV. OWNERSHIP INSTEAD OF EMPLOYMENT: A MODEST PROPOSAL .................................. 111 I. INTRODUCTION As the boys of summer walked off the field for the last time in 1994, and the men of the ice were informed not to lace up their tAssociate Professor of Law and Business, University of Orlando. B.A., 1969, Franklin and Marshall College; M.A., 1974, Kent State University; Ph.D., 1979, J.D., 1981, Case Western Reserve University. VB.A, 1990, Stockton State College; J.D., 1995, Widener University School of Law. The authors wish to acknowledge the excellent assistance of Professor Castagnera's research assistant, Michael G. Hanson, a second year law student at Widener University School of Law, in the preparation of this Article.

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