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Sports Lessons

Baseball Salaries vs. CEO Salaries

Marvin Miller helped baseball players win the right to free agency, paving the way for their astronomical salaries.

So it’s not surprising that Miller, former head of the players’ union, defends the money that they make, and contrasts their paychecks with those of corporate CEOs.

Using the same power of argument that he did when he was taking on the baseball establishment, Miller explains the difference between CEOs and athletes. He says that the baseball contracts are signed by the people who pay the money, whereas the CEO salaries are determined by boards, not by the people who will pay (the stockholders).

This line of thought may not change the opinion of those who believe that players make too much money, period.

But as always, Miller’s words make you think.

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