Wednesday, December 14, 2022

Is it greed?

        Carlos Correa, arguably the best remaining free agent shortstop has signed with the San Fransisco Giants for 13 years.  He will collect $350 million in guaranteed money.   Is this greed, or fair market value to a multi-billion dollar franchise.

      Compare Correa, Aaron Judge and other multimillionaire free agents with Samuel Bankman-Fried.  SBF as he is now known was arrested the other day for scamming crypto investors out of nearly 3 billion dollars.   The ballplayers are workmen, plying their trade.  SBF basically stole the money he accumulated and gambled much of it away in an attempt to cover the evidence of embezzlement.  

     It may be self evident to most of us, but Aaron Judge and SBF operate in entirely different universes;  one is the honest exchange of skill for money, the other a scam, motivated by greed.

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