Obama’s smooth. Look how he slams Carlos Zambrano and Vernon Wells without even mentioning their names:
President Barack Obama said he doesn’t “begrudge” the $17 million bonus awarded to JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon or the $9 million issued to Goldman Sachs Group Inc. CEO Lloyd Blankfein, noting that some athletes take home more pay.
The president, speaking in an interview, said in response to a question that while $17 million is “an extraordinary amount of money” for Main Street, “there are some baseball players who are making more than that and don’t get to the World Series either, so I’m shocked by that as well.”
Paul Krugman predictably goes nuts, arguing that unlike bankers in this day and age, ballplayers aren’t beholden to taxpayers and the government. Krugman lives in New York, I presume. Guess he doesn’t get up to the Bronx or over to Queens very often, because there sit a couple billion dollars worth of public largess that does indeed benefit the ballplayers and the men who employ them. And that’s before you get to the government-granted antitrust exemption.
But that’s a nit, I suppose, because I generally agree that bank CEO pay is horrifying. It’s just that when it comes to criticizing it with baseball analogies I’d take a different approach than Krugman does. For example, I might note that in baseball, unlike in banking, you get punished for gambling.
(thanks to Pete Toms for the links)
In 2016, Red Sox starter Rick Porcello narrowly and controversially eked ahead of then-Tigers starter Justin Verlander in Cy Young Award balloting, winning on points 137 to 132. Verlander was not included at all in the top-five of two ballots, both coincidentally belonging to writers from the Tampa Bay chapter, MLB.com’s Bill Chastain and Fred Goodall of the Associated Press. Verlander had more first-place votes than Porcello, but being left out of the top-five on two ballots was the difference maker.
In the aftermath, Verlander’s then-fiancée Kate Upton fired off some angry tweets, as did Justin’s brother Ben.
Verlander was again in the running for the 2018 AL Cy Young Award. He again finished in second place, this time behind Blake Snell of the Rays. Snell had 17 first-place votes and 169 total points to Verlander’s 13 and 154. There weren’t any ballots that made a big difference like in 2016, but there were two odd ballots from the Tampa Bay chapter again.
If a chapter doesn’t have enough eligible voters, a voter from another chapter is chosen to represent that city. This year, Bill Madden of the New York Daily News was a replacement voter along with Mark Didtler, a freelancer for the Associated Press. Both writers voted for Snell in first place, reasonably. But neither writer put Verlander second, less reasonably, putting Corey Kluber there instead. Madden actually had Verlander fourth behind Athletics reliever Blake Treinen. Didtler had Treinen in fifth place. Two other writers had Verlander in third place: George A. King III of the New York Post and Paul Sullivan of the Chicago Tribune. The other 26 had Verlander in first or second place.
Voting Kluber ahead of Verlander doesn’t make any sense, especially we finally live in a world where a pitcher’s win-loss record isn’t valued highly. Kluber had 20 wins to Verlander’s 16 and pitched one more inning. In every other area, Verlander was better. ERA? Verlander led 2.52 to 2.89. Strikeouts? Verlander led 290 to 222. Strikeout rate? Verlander led 34.8% to 26.4%. Opponent batting average? Verlander led .198 to .222. FIP and xFIP? Verlander led both 2.78 and 3.03 to 3.12 and 3.08, respectively. And while Treinen had an excellent year, Verlander pitched 134 more innings, which is significant.
Upton had another tweet for the occasion: