. . . think about this. The CEO of Liberty Media, the company that owns the Atlanta Braves — Gregory Maffei — was paid $87.5 million last year. The entire Braves payroll was $84.4 million.
Yes, I realize that there’s more going on with a big company like Liberty Media than just the Braves, and no, I don’t expect a company to take unnecessary losses on one of its operating divisions. I’m happy for Mr. Maffei for all of his great fortune.
That said, the notion that player salaries are nuts or that free agency or Scott Boras are ruining the financial structure of baseball is kind of silly and we should all just cut it out, OK? Developments that favor the players financially may technically mean that the rich are getting richer, but that’s only at the expense of the even richer still.
(Thanks to reader Stephen Rose for the heads up)