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re: Pro athletes are paid too much

Posted on 6/16/21 at 11:41 pm to
Posted by ned nederlander
Member since Dec 2012
4321 posts
Posted on 6/16/21 at 11:41 pm to
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 by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
31302 posts
Posted on 6/16/21 at 11:44 pm to
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.
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