Thursday, December 11, 2008

MLB players, ownership completely out of touch

Former Milwaukee Brewers phenom C.C. Sabathia nailed down the most lucrative contract ever for a major league pitcher. He'll be playing next year for the... you guessed it, New York Yankees, for a whopping 23 mil a year, under a total contract of 161 million for seven years.

Meanwhile the fans are wondering if they'll have a job tomorrow. Many of them have already lost one.

I'm a huge fan of baseball and capitalism, but the timing of this deal couldn't have been worse. New jobless claims are at the highest level in 34 years and people are struggling to find ways to pay their mortgage. How, then, will they pay a higher price for baseball tickets?

Look, when most CEOs are making substantially less than many baseball players and are being excoriated for their greed and ineffectiveness, paid huge sums of money while the consumer absorbs the shock, I wonder what color of lipstick MLB will use to dress up this pig.

This is a high, inside pitch to baseball fans. Somebody should warn the pitcher before the benches clear.

2 comments:

The Comeback Kid said...

I agree. The amount of money professional athletes make is ridiculous. 23 million a year? That's almost enough to bail out the Big Three. Going to a single person. Unbelievable.

Violet said...

If it were me, I would take it.