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Old 03-16-2017, 06:40 PM   #359
Jay Random
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Join Date: Aug 2005
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Quote:
Originally Posted by GGG View Post
Because as the arena owner you have a monopoly you can charge as much the market will bare.
On the other hand, as the sole major-league tenant you have a monopsony, and you can offer as little as the seller can stand.

All the team really has to do in a situation like that is pay more than the second-best tenant would be able to offer.
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