Baseball players to make $3.5 billion this year — they should be making more

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My dad was a federal government employee. For years we lived in Flint, Michigan where, back then anyway, everyone in the city worked for General Motors. Big UAW town, obviously.

His favorite part of that whole dynamic — apart from when his Toyota would get keyed in parking lots and, later, have the windows bashed in — was the difference between how government salaries were reported compared to UAW salaries. If government workers got a raise, it was always reported by the Flint Journal in the aggregate: “Government employees get $1 billion raise,” the headline would scream, along with some sidebar about how Gerald Ford was busy bankrupting the nation. If the UAW got a new contract it’d be reported by the hour, as in “Autoworkers get 50 cent raise,” with a sidebar about how crazy inflation was and how 50 cent raises didn’t get you jack squat.

I bring all of this up because you’ll see a roughly similar dynamic once this news starts to circulate, courtesy of CNBC:

Baseball been very, very good to a lot of people.

The 30 teams in Major League Baseball will collectively pay their players some $3.45 billion this year, according to data tabulated by The Associated Press . . . By way of perspective, at an average of $4.6 million, the average player would make more than 100 times the average American wage earner, based on Social Security Administration data.

Expect a lot of “those greedy players” rhetoric shortly!

Of course, absent in this report and presumably absent in the impending rhetoric is the fact that baseball as an industry brought in a record $8 billion+ last year, meaning player salaries are around 43% of revenues. Which seems high — depending on the industry, labor usually costs anywhere between 10 and 30 percent of revenues — but shouldn’t be all that surprising considering that in baseball, labor and the product being sold is one and the same. Indeed, the ballplayers and the games they play are the only reason the owners make that $8 billion. They are not a mere input to a more valuable finished product. The owners are not fabricating sheet metal before they can sell their product and stuff.

So enjoy your $3.45 billion, ballplayers. To be honest, I think you should be making more.

Jorge Soler diagnosed with strained oblique, Opening Day in doubt

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Royals outfielder Jorge Soler has been diagnosed with a strained oblique, making it likely that he begins the regular season on the disabled list, Rustin Dodd of The Kansas City Star reports.

The Royals acquired Soler from the Cubs in December in exchange for reliever Wade Davis. Over parts of three seasons with the Cubs, Soler hit .258/.328/.434 with 27 home runs and 98 RBI in 765 plate appearances.

When he’s healthy, Soler is expected to find himself in the Royals’ lineup as a right fielder and occasionally as a designated hitter.

Report: Cardinals, Yadier Molina making “major progress” on contract extension

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Jon Heyman of FanRag Sports reports that the Cardinals and catcher Yadier Molina are making “major progress” on a contract extension. Molina told the team he won’t discuss an extension during the season, hence the rapid progress.

Molina is entering the last guaranteed year of a five-year, $75 million contract signed in March 2012. He and the Cardinals hold a mutual option worth $15 million with a $2 million buyout for the 2018 season. The new extension would presumably cover at least the 2018-19 seasons and likely ’20 as well.

Molina is 34 years old but is still among the most productive catchers in baseball. Last season, he hit .307/.360/.427 with 38 doubles, 58 RBI, and 56 runs scored in 581 plate appearances. Though he has lost a step or two with age, Molina is still well-regarded for his defense. The Cardinals also value his ability to handle the pitching staff.