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Brazil's booming economy is helping the country's clubs close the payroll gap with foreign teams, and Flamengo's revenues have more than quadrupled since 2003, Mr. Ferraz said.
The payroll gap is also striking, with the Mavericks spending nearly $90 million on their roster and the Sacramento Kings $45 million.
The Red Sox-Yankees rivalry is enhanced by the payroll gap between them -- Boston's $125 million payroll is the second highest in baseball but nowhere near the Yankees' -- and the Boston club's fervent desire to close the disparity in championships.
It would control all borrowing, for long-term projects like a road or bridge and short-term needs like filling a payroll gap to keep the government running or financing retroactive pay raises for county police officers.
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The gap between the title-chasing big spenders and the small-market survivors can most vividly be captured in the payroll spread between the Lakers ($110 million, including taxes, last season) and the Sacramento Kings ($45 million).
Many struggling business owners aim merely to make payroll and plug gaps in working capital.
As corporations lobbied and learned to avoid taxes, the government began to close the revenue gap with payroll taxes.
"At this point, the gap between the payroll and the household data continues to be a puzzle," said N. Gregory Mankiw, chairman of the White House Council of Economic Advisers, in a speech this month.
He closed a budget gap, streamlined the payroll, staved off wholesale layoffs, avoided scandal, kept a low profile and occasionally played a Mozart piano sonata for guests at his home.
Commercial paper is the name for short-term promissory notes that companies sell to raise money for daily operations, to meet payroll, and to bridge the gap between when they spend and when they get paid, while keeping their own cash in higher-yield investments.
N.B.A. owners want strict new controls on payrolls, to close a widening gap between big-market and small-market _________.
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