"Greed, for lack of a better word, is good. Greed is right. Greed works."Then, after a list of numerous recent contract offers and business decisions made by teams such as "Last week, the Phillies raised ticket prices," and "Last week, the Dodgers made a $45M offer to Manny Ramirez," we get this:
Those words came not from the mouth of baseball super-agent Scott Boras but from fictional financial lizard Gordon Gekko in the 1987 movie "Wall Street." Yet at a time when Americans are worried about losing their jobs and their homes, Major League Baseball continues tossing around millions of dollars as if it were Monopoly money.
Last week, the national unemployment rate rose to 6.5 percent, the highest level in more than 14 years. At some point, baseball fans are going to say enough is enough.You know, if a business reporter went to his editor saying that he wanted to write about roster construction and in-game strategy, the editor would probably make sure he knew the first thing about baseball before allowing him to do so. Why the sports guys aren't required to know a single thing about business before unloading this kind of garbage is a mystery to me.