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Why Are Baseball Players Payed So Much & Are They Worth It?
Posted on 11/14/14 at 11:41 am
Posted on 11/14/14 at 11:41 am
I understand that their season last for most of the year but is that the primary reason they're paid so much? I don't watch baseball so I'm not knowledgeable of the business side but don't some CFB/NFL games regularly draw more viewers than baseball? Anyone care to expound on this?
18
Posted on 11/14/14 at 11:43 am to undecided
quote:
I understand that their season last for most of the year but is that the primary reason they're paid so much?
so many ways to respond to this. just dont know how.
Posted on 11/14/14 at 11:43 am to undecided
It's America's favorite pass time.
And NO!
And NO!
Posted on 11/14/14 at 11:44 am to undecided
No salary cap?
Posted on 11/14/14 at 11:45 am to undecided
Capitalism, that's why.
Posted on 11/14/14 at 11:46 am to undecided
If there was no salary cap, all sports would pay like that.
Posted on 11/14/14 at 11:48 am to undecided
quote:
Why Are Baseball Players Payed So Much & Are They Worth It?
Because baseball fans are intelligent and are paid more money.
Posted on 11/14/14 at 11:51 am to undecided
Posted on 11/14/14 at 11:54 am to undecided
quote:
Why Are Baseball Players Payed So Much & Are They Worth It?
Why is English so hard?
Posted on 11/14/14 at 11:56 am to undecided
162 Games. 1 6 2
Posted on 11/14/14 at 11:56 am to undecided
quote:Science.
Why Are Baseball Players Payed So Much
Posted on 11/14/14 at 11:59 am to undecided
quote:
I'm not knowledgeable of the business side but don't some CFB/NFL games regularly draw more viewers than baseball?
I don't know the $ numbers in total, but MLB rosters have 25 guys. NFL rosters have 53. So there's that to consider on a per-player basis.
This post was edited on 11/14/14 at 11:59 am
Posted on 11/14/14 at 12:12 pm to undecided
Local tv baseball ratings and contracts are much higher than most people realize, especially in the top 7 or 8 markets.
Posted on 11/14/14 at 12:17 pm to undecided
*paid
Posted on 11/14/14 at 12:26 pm to undecided
MLB revenue in 2013 was $8.5 billion, they expect revenue for this season to be over $9 billion.
By comparison-
NHL- $3.7 billion
NBA- $5 billion
NFL- $9.5 billion
By comparison-
NHL- $3.7 billion
NBA- $5 billion
NFL- $9.5 billion
Posted on 11/14/14 at 12:47 pm to undecided
quote:
don't watch baseball so I'm not knowledgeable of the business side but don't some CFB/NFL games regularly draw more viewers than baseball?
No. Baseball games DESTROY NFL games as far as viewers.
Posted on 11/14/14 at 12:49 pm to undecided
Curt Flood's challenge which led to free agency and the antitrust exemption for MLB.
Posted on 11/14/14 at 3:08 pm to undecided
162 games in 182 days = HUGE TV CONTRACTS. They also make more $$$ than other sports on ticket sales, concessions, parking, etc... The "game day experience", due to there being 162 games. Last year the Cowboys led the NFL in attendance with 88,043 per game... x8 home games = 704,043 on the year. The Devil Rays were dead last in attendance last year in the MLB, with 17,857 per game.... x81 home games = 1,446,464 on the year. They were dead last in the MLB and its twice as much than the Cowboys who led the NFL. So that's twice as much ticket sales, concessions, etc. The Dodgers led the MLB with 3,782,337. That's a bunch of $$$.
And MLB has revenue sharing. Remember last year when the Astros traded away all their young prospects and were terrible? Still made right around $200m iirc. Every teams makes bank in baseball.
Some players are worth the big $$$, others aren't. However, the 10year contracts are outrageous in baseball. For a guy like Mike Trout, yes I get that and all. But he's the exception. Most of those guys are in their late 20s and getting 10 year deals...
And MLB has revenue sharing. Remember last year when the Astros traded away all their young prospects and were terrible? Still made right around $200m iirc. Every teams makes bank in baseball.
Some players are worth the big $$$, others aren't. However, the 10year contracts are outrageous in baseball. For a guy like Mike Trout, yes I get that and all. But he's the exception. Most of those guys are in their late 20s and getting 10 year deals...
Posted on 11/14/14 at 4:34 pm to undecided
yes they're worth it.
The owners earn enough money from Ticket sales and TV to afford it and still make a massive profit, so they are worth it. Like seeing revenue going to those who actually drive the revenue, instead of all of it going to overhead.
The owners earn enough money from Ticket sales and TV to afford it and still make a massive profit, so they are worth it. Like seeing revenue going to those who actually drive the revenue, instead of all of it going to overhead.
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