I can see the arguments in favor of privatizing a player's salary, but I honestly don't think it's feasible. There are simply too many problems that could come up under this system. For one, how private should it be? Part of the importance of this system is that it makes everything highly visible. Player's contracts are easily accessible for the public and any authoritative bodies who would have an interest in their contracts. Moreover, the players themselves know what everyone else makes. Let's say David Wright hits free agency next offseason. He's going to want fair market value for his services, meaning that he'll want to be paid comparably to other guys at his position who put up similar production. He'll also want similar merchandising rights, incentives, bonuses, and so on. If he has no access to these contracts, the teams he bargains with will be in an unfair position. So, why not only let teams, players, and agents know about contract numbers? Well, the more people who know about this stuff, the harder it will be to keep under wraps. It'll be pretty freakin' obvious that teams like the Royals won't be spending as much money as the Red Sox or Yankees. "Inside sources" will be happy to give out contract information to sources like ESPN since fans will always be clamoring for this stuff. There's also the matter of accountability to the fans. We as fans invest a lot of money into their products. You can make the argument that we deserve to know how our money is being spent. These players would not be getting paid millions upon millions of dollars if it were not for us, much less might not even be playing baseball. If they are not performing up to our expectations and our dollars, we can hold them accountable accordingly. Heck, more than that, it makes teams accountable to their fans. It's bad faith for teams to claim to be competitive and spending money when in fact they aren't spending squat on their team. Again, we spend money on our teams; we should know that teams aren't pocketing it all for themselves. At least with this level of visibility, teams have to answer to their fans. So, that's some of the flip side of that argument.