Money Bag

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


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.

Playoff Reset: Cubs vs. Dodgers NLCS Game 6

CHICAGO, IL - OCTOBER 16:  Clayton Kershaw #22 of the Los Angeles Dodgers stands on the pitcher's mound during game two of the National League Championship Series against the Chicago Cubs at Wrigley Field on October 16, 2016 in Chicago, Illinois.  (Photo by Jamie Squire/Getty Images)
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The Game: Los Angeles Dodgers @ Chicago Cubs NLCS Game 6
The Time: 8:00 PM EDT
The Place: Wrigley Field, Chicago
The Channel: FS1
The Starters: Kyle Hendricks (Cubs) vs. Clayton Kershaw (Dodgers)

The Upshot:

We’re pulling out the big guns for this one. The Cubs took Los Angeles by storm again in Game 5, closing out their road trip with an eight-run spread over the Dodgers, and tonight they’ll try to clinch the NLCS on home turf in Game 6.

Pitching-wise, it’s a rematch of Game 2 with Kyle Hendricks (16-8, 2.13 ERA) and Clayton Kershaw (12-4, 1.69 ERA) on the mound. Kershaw took the first set against the Cubs, going seven scoreless innings with six strikeouts in Game 2 while Hendricks held the Dodgers to a single run over 5 1/3 innings. Adrian Gonzalez was the only Dodger to capitalize on Hendricks’ cutter, going yard in his first at-bat to generate a 1-0 lead.

The Cubs’ biggest strength so far this series has been an electric offense, something the Dodgers have struggled to replicate against left-hander Jon Lester and Joe Maddon’s airtight bullpen. While they’ve already beaten Hendricks at Wrigley Field once this October, they’ll need Kershaw to go the distance in another playoff gem if they intend to keep the Cubs’ championship hopes at bay with a 3.4-run average. Should Kershaw and his crew knot the series again, the tiebreaker will fall to Rich Hill and Jake Arrieta in Game 7.

Cavaliers will move ring ceremony to avoid conflict with World Series start

CLEVELAND, OH - JULY 11: A general exterior image of the Quicken Loans arena which is next door to Progressive Field where the Chicago White Sox will take on the Cleveland Indians on July 11, 2014 in Cleveland, Ohio. (Photo by Jason Miller/Getty Images)
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In a show of good sportsmanship, the Cleveland Cavaliers have moved their championship ring ceremony start time back to 7 PM EDT to avoid conflicting with the start of the World Series opener on Tuesday. The Indians are set to host Game 1 at Progressive Field on October 25, while the Cavs will open the 2016-17 NBA season against the New York Knicks at the nearby Quicken Loans Arena, preceded by a ceremony recognizing their first franchise title.

In the event that the Indians clinch a World Series title, it’ll be the first time Cleveland has seen two championships in the same calendar year since 1948, when the Indians’ last Series title came on the back of the Cleveland Browns’ All-American Football Conference championship against the Buffalo Bills. The same was true for the Dodgers in 1988, when their World Series win against the Athletics coincided with the Los Angeles Lakers’ 11th championship, while Chicago has yet to see a multi-title year among their NBA, NHL, NFL, and MLB franchises.

Regardless of the Series’ outcome, Cleveland fans will get the chance to revel in one long-awaited championship win on Tuesday before watching the beginning of a nail-biting conclusion to another long-awaited playoff run. The Cavaliers are scheduled for 7 PM EDT on October 25, while the Indians will take the field at 8 PM EDT.