Thursday, April 21, 2011

Money Ball

I love Major League Baseball. All winter long I live for opening day. I must say, however, that I am greatly concerned about the current financial state of the game. The Los Angeles Dodgers have been taken over by MLB. The NY Mets are teetering on bankruptcy. The Texas Rangers were in bankruptcy last year, but have manged. because of new ownership to emerge from it. The Yankees have a payroll over over 200 million dollars.A-Rods salary alone this year is 32 million, while the entire Kansas City Royals payroll is 36 million. Hm.

We love to build on speculation and wild living in this country, but just like the real estate boom and bust, MLB is starting to crumble and fall. The NBA is in bad shape. 2o some teams lost money this year. So what is the problem? It is simple. GREED!. The owners are greedy. The players are greedy, and guess what, we, the fans are greedy, too. We want our teams to win so much that we are willing to go along with the ridiculous ticket prices, ten dollar hot dogs and beers, and we yell and scream when our team won't go out and sign a free agent to a 200 million dollar deal.

Just like Wall Street and the real estate market, I guess that it will take a crash for sports to get back on track as a sport, and not just a another mega billion dollar industry.

2 comments:

Go Figure said...

Cedar: Heck, I don't mind spending $300 for a seat to see a professional sporting event...once every decade.

Cedar Street Kid said...

Yea, last time I went in Seattle, I took leon and his wife and daughter-By the time we got hot dogs, drinks, good tickets, and parking, it was a good week's pay.

Big Name Sport's Stars-Boring

Is anyone else sick and tired of prima donna athletes? KD,this is boring. You signed the contract, now, do the job and win a championship fo...