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Major League Baseball
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Wikipedia.org
Major League Baseball (Wikipedia.org)

Major League Baseball (MLB) is the highest level of play in North American professional baseball. More specifically, Major League Baseball refers to the organization that operates North American professional baseball's two major leagues, the National League and the American League, by means of a joint organizational structure which has existed between them since 1903. Major League Baseball teams play a 162-game season. The American League operates under the Designated Hitter Rule, but the National League does not (inter-league, all-star and World Series game rules are determined by the home team's league rules). In 2000, the American and National Leagues were officially disbanded as separate legal entities with all rights and functions consolidated in the commissioner's office. MLB effectively operates as a single league and as such it constitutes one of the major professional sports leagues of North America. Major League Baseball is often referred to as "America's Sport" or "America's Game." Major League Baseball is controlled by an agreement that has undergone several incarnations since 1876, then called the NL Constitution, with the most recent revisions being made in 2005. Major League Baseball, under the direction of its Commissioner (currently Bud Selig), hires and maintains the sport's umpiring crews, and negotiates marketing, labor, and television contracts. As is the case for most North American sports leagues, the "closed shop" aspect of MLB effectively prevents the yearly promotion and relegation of teams into and out of the Major League by virtue of their performance. Major League Baseball is mostly funded by private enterprises, but also partially funded directly by public taxes . MLB maintains a unique, controlling relationship over the sport, including most aspects of minor league baseball. This is due in large part to a 1922 U.S. Supreme Court ruling in Federal Baseball Club v. National League which held that baseball is not interstate commerce and therefore not subject to federal antitrust law despite baseball's own references to itself as an "industry" rather than a "sport." This ruling has been weakened only slightly in subsequent years.

The production/multimedia wing of MLB is New York-based MLB Advanced Media which oversees MLB.com and all 30 of the individual teams' websites. Its charter states that MLB Advanced Media holds editorial independence from the League itself, but it is indeed under the same ownership group and revenue-sharing plan. MLB Productions is a similarly-structured wing of the league, focusing on video and traditional broadcast media.

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Manny Ramirez exercises $20 million option for 2010
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Yesterday
ESPN
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The New York Yankees celebrated their 27th championship with a parade up the Canyon of Heroes
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Yesterday
ESPN
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The New York Yankees got the keys to the city for their World Series win, after parading up Broadway through a storm of confetti. New York City Mayor Michael Bloomberg bestowed the honor on the team ...
2m 44s |
Yesterday
North County Times
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Nov. 6: With the fans cheering them on, the Yankees enjoyed a ticker-tape parade in New York and then received the keys to the city.
2 days ago
NBC Sports
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The Yankees will have their World Series victory parade Friday; Bobby Abreu stays with the Angels; Dez Bryant's appeal is rejected; Breeders Cup races start Friday. (Nov. 6)
1m 9s |
2 days ago
North County Times
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Postgame comments from the Yankees after they beat the Phillies to win the World Series.
2 days ago
NBC Sports
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The New York Yankees have won the World Series for a 27th time after beating the Philidelphia Phillies last night 7-3 in game 6.
2 days ago
Sportal.com
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The World Series champion New York Yankees were honored today with a ceremony and parade in Manhattan. New York City mayor Michael Bloomberg presented each team member with a key to the city before ...
Yesterday
ABC (newsnet5 - Cleveland, Ohio)
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