This applies not just to MLB. It applies to NFL and NBA. It applies to all companies. Workers should own companies. Workers should own at least part of the companies that employ them. Wisconsin school teachers, take note.
An ownership stake changes the dynamics. Players know who is jaking it. Players know who is valuable. Plus, as owners, players would know the economics of their team and industry.
OK, in professional sports players are not employees, they're the product, but the concept still applies.
The NFL and soon the NBA face serious labor issues. Isn't it amazing that the last thing the players ask for is ownership? Is that because players cannot afford to own the teams or is it because players do not want the responsibility?