Sunday, December 19, 2004

BASEBALL ECONOMICS
By Michael McCord, SEACOASTONLINE.COM

PARK PLACE - I have resorted to a fictional dateline in order to deal with the surreal concept known as Major League Baseball economics.

After all, when considering the business logic that drives the game’s economics when it comes to player salaries - and how a player’s actual talent may or may not bear much relation to what he is paid - it must not be real currency that we see in the headlines ("Pedro Martinez Signs with Mets for $53 Million" or "Adrian Beltre Heads to Mariners for $65 Million") but rather Monopoly money or perhaps scrip from the old Confederacy.

Still, it’s cold, hard cash that owners like George Steinbrenner of the New York Yankees or John Henry of the Boston Red Sox dispense with great regularity - and it’s a cold, hard reality felt by a majority of teams, in cities like Pittsburgh, Cincinnati, Kansas City and Tampa, which absolutely and positively have no chance to win a championship.

FOR THE REST OF THIS STORY VISIT:
http://www.seacoastonline.com/news/12182004/business/54706.htm

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