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On Sport and Society

Arete, Sport and Society, American Sport History, Baseball, MLB, Money, Economics, Revenue sharing

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Full-Text Articles in History

Money And Baseball: The Salaries Keep Rising, Richard C. Crepeau Dec 2000

Money And Baseball: The Salaries Keep Rising, Richard C. Crepeau

On Sport and Society

It was the late Senator Everett McKinley Dirksen of Illinois who once said, "a billion here, a billion there, pretty soon were talking about real money." This quaint observation came to mind over the past few days in baseball as it was "a few million here, a few million there." One wonders if we are now talking about real money.


Baseball's Rising Salaries - Bud Lite At Congressional Hearing, Richard C. Crepeau Dec 2000

Baseball's Rising Salaries - Bud Lite At Congressional Hearing, Richard C. Crepeau

On Sport and Society

This past week Mike Mussina signed with the New York Yankees for $88.5M over six-year period with $12M of that a signing bonus to be spread over the contract at $2M per year. Next year Mussina will make $10M pitching for the Yankees. Considered by many to be one of the best pitchers in all of baseball, Mussina gives the Yankees a formidable starting rotation, and this has already led some to concede next year's World Championship to them. This might be a bit premature for early December but it is difficult to deny that they are the ...