I am now in my fifties so I have some "real life history" to tell.
I recall when the Oakland A's won three world series the "going rate" for superstars reached 1 million per year.
The owner, Charley Finley, said "you'll pay me 1 million for each of my 5 superstars" well then here. "here, take them all". "No ball player is worth 1 million per year".
The league kiboshed the deal and the salaries grew and grew.
Next, I recall in later years the economy being bad at the same time the Texas Rangers offered a $250 million dollar to A-Rod.
Question: Are the owners just PUMPING UP THE BALOON?
Do they say to themselves, "if I pay my superstars 1 million then I will make 5 million at the end of the year and if I pay them "way more" then will I make "way more".
Are major sports team owners taking us down the "road to hell"?
I recall when the Oakland A's won three world series the "going rate" for superstars reached 1 million per year.
The owner, Charley Finley, said "you'll pay me 1 million for each of my 5 superstars" well then here. "here, take them all". "No ball player is worth 1 million per year".
The league kiboshed the deal and the salaries grew and grew.
Next, I recall in later years the economy being bad at the same time the Texas Rangers offered a $250 million dollar to A-Rod.
Question: Are the owners just PUMPING UP THE BALOON?
Do they say to themselves, "if I pay my superstars 1 million then I will make 5 million at the end of the year and if I pay them "way more" then will I make "way more".
Are major sports team owners taking us down the "road to hell"?
