“I don’t know what function owners serve that couldn’t be filled more cheaply and effectively by hired-gun administrators in a league owned by the players.”
A tempting argument, but worker-owned systems aren’t the panacea for economic inequality that people make them out to be. They generally reduce economic inequality by reducing product quality.
At least that was my experience living in a housing co-op for a couple years. Fun for us, but you just don’t get the same level of direction and improvement that you get with an organization focused on making a profit.
Maybe a better argument is this: Have you seen the players’ Instagram accounts?