Sometimes rumors are hard to believe
Sometimes those rumors come true.
Take the baseball player Shohei Ohtani.
He is a hot demand player in this off season. He can pitch well and hit well. H did have arm surgery, so he may not be able pitch in 2024, but he will be able to hit.
The rumor is he is seeking a 10 year $500 million contract.
That is $50 million a year.
If the average teacher makes $50,000 a year, that means in 20 years of teaching that person will make $1 million. Every year he will make the lifetime earnings of 50 teachers.
Now, I know I am being simplistic. Some teachers will make more than that, some less. But still.....
What about the fans? Someone has to pay that salary.
Let's say a team draws 3 million fans a year. Will they have to pay an extra $20 a ticket to make up for the $50 million.? Will teams expect more for tv coverage? Does that mean cable companies would charge more to watch his team on tv?
Yes, I know team revenue will skyrocket because of advertising, jerseys, hot dog and beer sales But still.....
What about society in general? We have a homeless problem. in every major city, and even in the smaller ones. $50 million could build 500 $100,000 houses. I know a house at that price would not be a permanent home. But still......
I realize he has a talent, maybe even a special once in a lifetime talent that we may never see in a player again.
But $500 million?
Good grief. If you have young kids, tell them to take up baseball.
Peace and Love
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