sandomir_span Capitalism is not dead. Just look at baseball. The recently bailed out CitiGroup paid $400M to put its name on the new Shea Stadium in New York. Some players will make more than anyone at their position ever has.
One of those players is C.C. Sabbathia. In a recent Buster Olney column, he made an attempt to draw a weak line between C.C. Sabbathia signing with New York and LeBron potentially jumping there in 2010 due to their friendship. In doing so he cited a conversation with the pitcher in which he was left with a few significant impressions. One was the complete asinine statement that “C.C. is very aware that he’ll never be able to spend the money he receives in his next deal”.
You might think I’m offended at how C.C. could make such a careless statement at a difficult time. Or how it’s terrible for baseball to throw this type of money around when we are in economic dire straits. Well, I do have an issue with this comment - but maybe not how you’re thinking. I have no issues with C.C. making this money (outside of the ridiculuous fact that professional players make this much). However, I do have an issue with his apparently being embarassed by it. You are the type of person that characters in Ayn Rand’s Atlas Shrugged hate - one who apologizes for his money and his ability to make it.
Afterall, if fans are dumb enough to continue to pay for tickets, gear, etc., then players should never feel bad about being able to spend all their money. They should take every cent they can get - that’s what this country is founded on - the ability to set up a business or brand (themselves in this case) and make a profit off their intended audience. Well, I would say they’re succeeding. And in some cases they’re doing it despite the fact they’re producing a subpar product. Just look at the people who pay for Browns tickets.
So, don’t believe the recession fears. Instead, go buy jerseys, gloves, hats, shirts and tickets. We’re already bailing out the banks; soon we’ll be paying for the automotive industry - why not foot the bill for professional sports while we’re at it.