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.

Yankees activate Giancarlo Stanton

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The New York Yankees have activated Giancarlo Stanton. He’ll be in the lineup in tonight’s game against the Rays.

Stanton has been on the injured list since April 1 due to a left biceps strain and a left shoulder strain sustained in what Aaron Boone called a “funky swing” at the time. He began a rehab assignment in late May, had it halted due to injury, and resumed it recently. He’s been swinging the bat well during his most recent stint, socking four homers in ten games.

That pop will be welcome. The Yankees have weathered Stanton’s injury — and injuries to Aaron Judge and scads of other players — but a team can’t defy gravity forever. At some point you need your established threats back. With Stanton coming back tonight, Judge coming back later this week and with the addition of Edwin Encarnación in that trade with Seattle, the Bombers should continue to hit bombs throughout the summer.