Mar 28, 2014, 11:33 AM EDT
The majority of people weighing in on Miguel Cabrera‘s new deal are going to exclaim how crazy it is and how baseball players are overpaid, but it’s probably worth remembering that since 2002, baseball player total salaries, as a share of new revenue, have declined from 56 percent to 40 percent. And that as average payroll has gone up by 58 percent in that time, team revenue has gone up by 122 percent.
That comes from Matt Swartz of The Hardball Times, who drops some Econ 101 on us about these things — with lots of graphs and data and stuff — concluding that, while eyes continue to pop every time a new contract is signed, baseball players are getting increasingly smaller pieces of the growing baseball revenue pie.
So, lament the “greedy” players all you want. But don’t forget to think about what the owners are making these days. And that’s without even picking up a bat or a glove.
- Cuba’s best pitching prospect is on his way to America 16
- Will Smith suspended for eight games for the foreign substance on his arm 45
- Will Smith’s ejection once again shows baseball’s silly approach to foreign substance rules 47
- And That Happened: Thursday’s scores and highlights 91
- Who really owns a home run ball? 65
- The story behind the Nationals squirting chocolate syrup on each other after big wins 43
- And That Happened: Wednesday’s scores and highlights 130
- Bryce Harper on Marvin Hudson ejection: “I don’t think 40,000 people came to watch him ump” 130
- Bryce Harper on Marvin Hudson ejection: “I don’t think 40,000 people came to watch him ump” (130)
- And That Happened: Wednesday’s scores and highlights (130)
- Bryce Harper ejected for second time in a week (122)
- GM Dan Jennings to be named the Marlins new manager. And it’s a terrible idea. (111)
- And That Happened: Tuesday’s scores and highlights (101)