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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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Former Middleweight Champion Bernard Hopkins discusses his career and his love of Philadelphia sports
4m 19s |
4 hours ago
ESPN
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The hot headed, often troubled Milton Bradley has signed a three-year $30 million contract with the Chicago Cubs.
6 hours ago
CBS Sportsline
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Red Sox closer Papelbon is eligible for arbitration
18 hours ago
MLB.TV
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Around The Horn talks about Brett Favre, LaDainian Tomlinson's injury and Boston's moves to get Smoltz and Baldelli
4m 49s |
21 hours ago
ESPN
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The Hot Stove debates who the Mets should pursue
Yesterday
MLB.TV
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Mark Teixeira meets the media after officially joining the Yankees. The slugger signed an 8-year contract that will pay him 180 million dollars.
2 days ago
MSN Video
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The Dodgers cleared salary space by restructuring Andruw Jones' contract but will it be enough to re-sign Manny? FOXSports.com's Ken Rosenthal reports on the latest.
2 days ago
MSN Video
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Jan. 7: New York Yankees Team President Randy Levine, explains the economics behind an impressive offseason spending spree by the club.
2 days ago
NBC Sports
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