In Defense Of High Baseball Salaries
Monday, May 9, 2011 - 19:40
in Psychology & Sociology
People often argue that athletes such as ball players are overpaid and that it reflects society’s inability to set priorities straight. If baseball is important or entertaining enough to such a large number people, then obviously there will be a large amount of cash flowing into the business. And unless people feel that owners are entitled to a greater sum of money, or unless people lower attendance in order to deflate ticket prices(and they probably should), then player salaries will remain where they are. In 2010 baseball generated $5.898 billion in revenue, and the average player salary was read more