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re: Pro athletes are paid too much
Posted on 6/16/21 at 11:41 pm to TomRollTideRitter
Posted on 6/16/21 at 11:41 pm to TomRollTideRitter
Seriously. MLB has an anti trust exemption. Those filled stadiums are largely built with public money and often located in special development districts except from ordinary property and sales tax. The state of Louisiana directly subsidized the Saints operating budget with direct cash payments for years. Very little about the American sports model represents pure capitalism.
Posted on 6/16/21 at 11:44 pm to ned nederlander
Think about compensation like this, and it will always make sense. Super easy.
1) How rare is the skill or talent the individual possesses?
2) How much money can that skill or talent make someone else?
If the answers are "very", and "a lot", the person will be very well compensated.
1) How rare is the skill or talent the individual possesses?
2) How much money can that skill or talent make someone else?
If the answers are "very", and "a lot", the person will be very well compensated.
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