Who’s worth more? A baseball player or the doctor keeping your wife or child alive?

I opened the papers this morning to read about the Seattle Mariners giving Robinson Cano a 10-year contract for $240 million. The New York Mets apparently have agreed to give Curtis Granderson $60 million over four years. And there was the Jacoby Ellsbury deal with the New York Yankees earlier in the week: 7 years, […]

Read More Who’s worth more? A baseball player or the doctor keeping your wife or child alive?

Pass the hotdogs — and my change

It’s impossible to discuss the economics of Major League Baseball without discussing the “major market” and “small market” divide so eloquently illustrated in the movie “Moneyball.” Yet even the smallest of markets today is exponentially larger than the hundreds of small towns where baseball developed in its early decades. A nice perspective on baseball’s rural […]

Read More Pass the hotdogs — and my change