Derek Jeter $189 Million contract makes me sick

[Bryan]

<< So you're saying that no one should make more than minimum wage? >>

Am I? That's odd, I don't think I said anything even remotely close. Are you sure you're reading the right thread?

I don't want to be a politician. I'd rather be a baseball player, then I'd be rich. What a good message this is for my son. How can he be a success? By forgoing education and hard work, and trying to be the best athlete he can. After all, who wants to be president when athletes make so much more?

 

[yakko]

<< I don't want to be a politician. I'd rather be a baseball player, then I'd be rich. What a good message this is for my son. How can he be a success? By forgoing education and hard work, and trying to be the best athlete he can. After all, who wants to be president when athletes make so much more? >>


I thought you were the one who was supposed to set the example for your son. Obviously you did noty read my whole post so here it is again.

<< So you're saying that no one should make more than minimum wage? What constitutes a ludicrous salary? Who determines what jobs should pay? You? What a sad place this world would be if that were true. I have done jobs that I consider harder and more skill intensive than what I do now but the job I have now is the highest paying job I have ever had. >>

 

[zbalat]

He gets paid $189M because he deserves it. Plain and simple.

The next time 40,000 people crowd around your cubicle to watch you work, then demand a raise.

 

[dcpsoguy]

I find it hard to beleive that a player of any sport could get a 189 million dollar contract. That is incredibly stupid. None of these players deserve this kind of payment, regardless of skills.

<<The next time 40,000 people crowd around your cubicle to watch you work, then demand a raise. >>

I dont think that they crowd around a cubicle. They crowd around a baseball field, and I doubt that they come to watch baseball because of one good player. They come to the baseball games because they love the game of baseball. And I doubt 40000 people come to Yankees games just to watch Jeter.

Beleive me, I think Jeter is an awesome player. I just dont think, he, or any other player, for that matter, deserves this kind of payment.

 

[zbalat]

Ever hear of Michael Jordan? Check the Bulls attendence since he left. Yeah, I think players make a difference, winning makes a difference. You have to have good players to win. I can promise you that more people will be anywhere that Jeter is than where you are. And they would be willing to pay to see him and not you or me.

 

[NFS4]

<< Ever hear of Michael Jordan? Check the Bulls attendence since he left. >>


Good point!!!!

 

[prodigy]

Actually, the Bulls attendance is not as bad as you think, they've got some faithful fans in Chicago ().

Link

As a means of comparison:

Knicks

Lakers


-Edit-

New Link, the Bulls actually lead the league in Attendance.

Link

 

[zbalat]

prodigy69
The sold out streak is over and attendance is falling. My point is that you need quality players to win. Winning means money. If the teams can afford to pay then let them pay. Jeter is 26 with 4 rings. Who else in MLB can say that they have 4 rings in their 1st 5 years in the league? He deserves it. Plus I'm sending you a pic of his house, so a little help would be nice.

 

[prodigy]

Oh I don't doubt one bit that he deserves it. He was the first player to be the All star game and World series MVP in the same season. I was just intrigued that the &quot;horri-bulls&quot; can still have such high attendance.

 

[Double Trouble]

I'm certainly the first to say &quot;open market, they deserve to make whatever the market thinks they are worth&quot;. The athletes and celebrities have no more responsibility to 'give back' than anyone else, and they shouldn't pay any more in taxes etc than anyone else in their tax brackets.

That said, I draw the line at paying the high ticket prices used to fund those incredible salaries (movie stars, athletes etc etc). I won't pay for it.... if they can make that kind of money doing what they do, more power to them, that's why it's a free market.

 

[Whisper]

Hmm...the reason atheletes and entertainers make as much money as they do is because WE -yes, that's you and I- pay for it. If you don't want a baseball player to make such a high salary, then don't watch baseball...at all. Where exactly do you think all of their money is coming from? It's not materializing and magically finding its way into their pockets; consumers pay the ticket prices, watch televised games, etc. and thus foot the bill for the players' salaries. If no one felt that athletes should be paid as much as they are, then they wouldn't be getting paid that much, period. We have no right to say that these people should be giving back to the community, etc. It's their money made with their talent over their lifetime.

As far as setting an example for your children goes, how about focusing more on other aspects of a job as opposed to salary. Then maybe your kids will be less caught up on other peoples' wealth than you are. Sure money is important, but it's not the be-all, end-all of life.

 

[zbalat]

Whisper
BINGO

 

[psteng19]

all this just means higher prices for those that go to the games, the fans of the game. it's the fans that drive this game, that keeps it going. without fans, any sport will fail. maybe the owners will learn their lesson when attendance drops and they start losing money. i for one hopes the texas rangers stink this season and don't even make the playoffs. nothing against the rangers (since the yanks rocked them every year them met em), but i just want the stupid owner to realize what a stupid mistake he made for overpaying a.rod, and starting this whole domino effect on ridiculous contracts. heck, even as a new yorker, i wouldn't mind if the yanks fall flat on their faces either.

these players ARE indeed getting greedier every year, with the arbitrations/contract negotiations and what not. they can't stand seeing another player getting paid higher than the 15 million they make a year, so they won't settle for anything less.

 

[DABANSHEE]

Well the fact is that capitalism is no more logical than communism.

Anyone that expects capitalism to be logical needs their head read.

Look at the NASDAQ pyramid scheme dotcom boom, everyone knows that dot coms don't make money (even Amazon has never made a cent in net profits) yet look at the millions people made buying into the 'pyrammid schemes' early.

BTW Yakko, pro-sports are absolutely non productive to the economy, they don't creat anything. You may say that other industries are dependent on those pro-sports, but that's irrelivant - if pro-sport didn't exist money would just be spent elseware &amp; those same businesses (or equilivent businesses) would be supporting the industries (that could very well be genuinly productive) that would fill the void left by pro-sports.

 

[convex]

It obviously serves the purpose of entertainment, massive ammounts of money are a side product. commies just don't know how to have fun =(

 

[minus1972]

well, I'm from boston...so...

&quot;YANKEES SUCK&quot;

eh hem...excuse me.

 

[erub]

I can't believe the hypocrisy in this thread. You think Alex Rodriguez getting $220 million is not going to benefit the Dallas economy at all!?! First of all, lets count how many people are going to make $ off me going to see a Rangers game:

1. Car dealer for me to buy the car to go see the game
2. The guy who sweeps the floor at the car dealership
3. The guy working at the gas station that I buy gum from and pay for my gas with
4. The guy at McDonalds where I stop to get my pregame snack
5. The people and executives of Budweiser, where I buy my pregame beer
6. The cooler that I buy to put the beer in, and the company that makes it
7. Tom Hicks (owner of Rangers)
8. Ticket sales guy
9. A-Rod himself
10. Etc.

and that's just me and my lowly self. Now why am I going to see the Ranger game? Because they have a good chance of winning now that they have arguably the best player in the game on their team, and they should be exciting to watch.

Granted, I am not keeping any of those people in business/supporting their livelihood my own self, but I am spending money, stimulating the economy, and helping ppl keep their jobs.

Of course I could always sit on Anandtech and chat and not help anybody out. Oh wait, I am helping out Anand, and his employees, and the American Express people (using their ISP with the ads that they show), and my phone company to pay for the phone line. And all the people who work for the companies that I have their components in my computer.

Isn't capitalism great!?!?

 

[convex]

well said, people lose the big picture sometimes

 

[extra]

oh come on stop this needless bickering and lets get to what everyone *really* wants to know? how much do pr0n stars make per film and how do you get into the business? now *thats* entertainment.


but really, if you don't like the athletes making so much money, turn off the TV, don't watch sports, don't go to any ballgames, don't support them. But if someone else wants to let them keep doing what they are doing, who cares?

 

[dennilfloss]

This guy will make over $50,000US per day everyday for the next 10 years and he'll be on holidays for more than half of that time and work about one hour per game on the days when he'll be playing! :Q

Money (The Flying Lizards)

 

[pdiddy]

no athlete should get paid this much

 

[yakko]

<< pro-sports are absolutely non productive to the economy, they don't creat anything >>


What do you mean they don't create anything? You mean no one works at the stadiums, no one builds the stadiums, no one coaches the players, no one sells sports memoribillia. I know the people who do those jobs could do something else if professional sports disappeared but you could say that about any industry.



<< You may say that other industries are dependent on those pro-sports, but that's irrelivant - if pro-sport didn't exist money would just be spent elseware &amp; those same businesses (or equilivent businesses) would be supporting the industries (that could very well be genuinly productive) that would fill the void left by pro-sports >>


What do you mean by geuinely productive? Name one toy maker that we need to survive. Name one Bicycle maker that we need to survive. Name one restaurant we need to survive. Name one stereo manufacturer that we need to survive. Name one movie theater we need to survive. They are all just entertainment just like pro-sports. We can survive without most of the businesses out there but you don't seem to be saying anything about them.

 

[nedrud]

<< This guy will make over $50,000US per day everyday for the next 10 years and he'll be on holidays for more than half of that time and work about one hour per game on the days when he'll be playing >>



Dennil, you obviously haven't played many sports. If you think that the only time they put in is game time then you are very mistaken. Off season training is an absolute necessity these days to be a great player. I played softball in college and I can tell you that there is a hell of a lot more time put in preparing to play than actually playing.

You must think Howard Stern and Rush Limbaugh only work a few hours a day too. Hard work is done behind the scenes. The work done while we are not watching/listening. Their work is what makes these people worthy of big bucks.

Should Howard Stern make $25 million a year talking about lesbos and jerking off? Yes he should because we listen and in return we spend money with his sponsers and the stations make money. If the stations didn't make money then he wouldn't be on the air.

Howard and Rush will both make more than 3 times what Jeter will make this year. We live in a capitalistic society. More power to the people that can make the big bucks.

Don't Cry(Guns 'n' Roses)

 

[dennilfloss]

I played hockey til Junior A. I know what preparation is needed. I also need to spend two hours preparation for each hour I lecture at the university. However, I am not paid for it. I am paid for the lecture. If I can do it without any preparation, my salary will not decrease.

Living in Canada, I don't listen to trash-radio like Stern and Linbaugh but I can tell you that most of their preparation is done by production assistants and researchers who make but a fraction of their salary. They get a platter of the relevant info all sorted and chewed up for them on the night before the program and only need a couple of hours to read it. Even a lot of their lines are suggested. That's called production.

There is an easy way to solve the problem of salary inflation: make contracts secret again. If you do not know what the other guys are making, you won't get your ego all puffed up because a supposed rival alpha male makes $1 more. During contract negotiations, you will judge what you are offered simply on the basis of &quot;Is it reasonable?&quot; and/or &quot;Will I live comfortably off it?&quot;.

We're Not Gonna Take It (Twisted Sister)

 

[nedrud]

I can agree with that idea 100%. It will never happen but it is a good idea.

Maybe you're right, maybe you're wrong(Cat Stevens)