Carlos Correa, taken by Houston with the top pick in this week's amateur draft, agreed to a contract with the Astros for a signing bonus of $4.8 million on Thursday.
The deal for the 17-year-old shortstop is the first for a top pick since the new collective bargaining agreement that places restraints on spending for selections in the first 10 rounds. It is the lowest guarantee for a top selection since Kansas City gave pitcher Luke Hochevar $3.5 million in 2006.
5 million bucks to a 17 year old kid who has never played in the bigs and that is the LOWEST amount given to a guy in 6 years? What is wrong with professional sports?
There are 9 countries in Africa with a GDP in 2011 under $700 per capita. Another over by New Zealand. That's 10 entire nations whose population combined that don't make as much money as Albert Pujols in a year. We don't need need to look to the "poor" countires for problems. America is obviously #1 on the list in GDP. During the 2010 federal fiscal year, 20.6 million low-income children received free or reduced-price meals through the National School Lunch Program.
In 2008, 4.8 million households were eligible for food stamps, served at private organizations, etc...
In the years between 2008-2010 an estimated 85 million people struggled to find food in America on a daily basis. A-Rod made about 66 million dollars for the Yankees during the same time. Johnny Depp and Leo Dicaprio made over 300 million dollars combined in those 3 years!
I love sports, especially the "big 4." I couldn't imagine life without them. I watch highlights a couple times a day. I watch PTI and other sports topic shows. I watch a couple games a week, sometimes more during the playoffs. And yet, the general concept of salaries and dollars for players angers me to no end. There are something like 8 players in MLB who curently make over 20 million a year. Ronaldo of Real Madrid makes 17 million a year to play soccer. The Rangers bid 51 million JUST TO TALK to Yu Darvish.
The concept of paying athletes of major league sports (and also entertainment as a whole) hundreds of millions of dollars is disgusting. You've got people who can hit a ball, sing a song or act in a movie and these people are making more than most countries do. Don't get me wrong, I wish to hell I was good enough to play a sport for a living and I'd gladly take the money. But that doesn't mean I'd deserve it and doesn't mean that the way leagues do business didn't need to change.
Why are the salaries for movie stars and athletes increasing, while most people around the world are struggling to pay their bills and keep a roof over their head?
*Edited to add:*
I am not suggesting we stop paying athletes this crazy amount of money, while keeping sports-related prices at the current levels. Taking money out of the players' pockets and putting it into the owners' pockets does nothing to solve any problems.
Sports are big business and make big money, but they are such at the cost of Joe Blow. All the money the business makes is off people who can't necessarily afford to fill the wallets of those involved in the sport.
I thought the problem (and point of the blog) was obvious, but I never came out and said it directly. I figured it was "common sense." The problem is that prices are astronomical for tickets, merchandise, etc... and guys who are in lower class or middle class shouldn't have to fill these guys' wallets. Lower prices for the average consumer. There is no reason for such economic inequality in a "civilized" society.
A lot of the "poor" people who struggle to find food on a daily basis still support the sporting industry. They might have a hat or jersey. They might watch a game on TV somewhere. People who work 2 jobs still line up to buy a pair of $300 Jordan shoes because of the social attachment we have on brand name goods. It's insane.