Friday, January 23, 2009

Rise and Shine --- Funny money

Good Morning and welcome to an early spring!

Well, OK, not spring, but a day in the 40s, even one, is much better than day after day in the teens. That is, of course, unless you are a teenager.
Speaking of teens, Phillies first baseman Ryan Howard asked for an $18 million salary for next year in arbitration. The Phillies countered with $14 million. With that kind of funny money (you can't even see that much with 100 games of Star Wars Monopoly), what's the difference between $18 and $14 million. It's like the difference between 18 cents and 14 cents for us normal people.
This is obviously dated, but I remember back when the Phillies gave Pete Rose $1 million to leave the Reds. Sure, he helped bring the city its first World Series champion, but $1 million in 1978 was so unheard of there was some backlash. In those 30 years, we've expanded the price of professional athletes so much it is disgusting. The more teams pay their players, the higher they are going to raise the ticket prices. So, you might root for the Phillies to sign Ryan Howard to a big, long-term contract, but, remember, a lot of that money will come out of your pocket.
Gee, sounds a lot like a government bail-out plan.


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