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What the Wall St. Crisis Means for Sports

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While lawmakers refine the Wall Street bailout plan, the American and global sports industries are watching closely. The fallout of Treasury Secretary Paulson's $700 billion bailout plan could determine whether or not baseball teams have the financial wherewithal to be able to pay huge money this winter to free agents such as CC Sabathia and others. One of the more interesting aspects of the federal government's $85 billion loan to save insurance giant AIG is that American taxpayers are now...

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