Jump to content

Rich get richer, but poor often win


Recommended Posts

Miami Herald, Around the Majors

 

Rich get richer, but poor often win

By KEVIN BAXTER

[email protected]

 

Commissioner Bud Selig believes revenue sharing and the luxury tax have helped level baseball's financial playing field, with the rich clubs on pace to redistribute more than $320 million to the poor ones this season.

 

But the system is still far from perfect when one club, the Yankees, can absorb nearly $22 million in salary obligations at the trade deadline while the rest of the sport is counting pennies.

 

''They added more salary during the game than our entire payroll,'' one Marlins executive groused after the Yankees acquisition of Bobby Abreu and Cory Lidle was announced during last Sunday's Marlins-Phillies game.

 

The Yankees, whose 2006 payroll now stands at about $200 million, have the three top-paid players in the game -- Alex Rodriguez, Jason Giambi and Derek Jeter, all of whom earn more than $20 million a year -- and five of the top 11. But that hasn't helped the Yankees much in October: If New York doesn't win this year, the Yankees will have spent nearly $1 billion on salaries since their last World Series title. The Marlins have spent less than $450 million on payroll in their history yet have two World Series crowns.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Restore formatting

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.



×
×
  • Create New...