Sunday, October 10, 2010

A Sports Figure Salary Czar

Major league sports teams have government-subsidized stadiums. But their high-priced player salaries are not regulated as they are in government-hated industry.

Almost every major league ball club has been given subsidies in some way to build ball parks with funds which have come from local or state taxpayers. Much of that money can be traced to federal stimulus funds.

So, a logical interpretation of law by politicians overlooking those funds would declare that salary controls of executives earning a few million a year should also apply to star athletes.

Example: One player having a poor year got about $30 million. The short-sighted Obama Administration could have 30 top-level execs for that money, producing jobs in a depressed economy.

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