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Paying For Athletic Value: Have We Finally Reached the Tipping Point?

Published by on June 10, 2009
Article Source: Bleacher Report - MLB

Have we reached the apex for paying for athletic skills? If what just happened in the MLB draft doesn't highlight that situation, maybe nothing in modern history can.

A college undergrad pitcher, Stephen Strasburg, from San Diego State, may end up with a $50 million contract. 50 freaking million dollars!

What has he accomplished? What value over the next two years will he produce? How many players make the big leagues in the first two years? Winning 20 games in the AAA leagues in front of around 5,000 fans per game is worth this much?

Maybe this is just a microcosm of what is wrong with our entire financial world right now.

CEOs who run a companies into the ground get $50 million bonuses. "Fin...

Read Complete Article at Bleacher Report - MLB
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