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Sports Arena

Against a Salary Cap

(Page 2 of 2)

This year's biggest deal still involved a big name; the Minnesota Twins lost pitcher Johan Santana to the New York Mets. But it wasn't a free agent signing. It was a trade. The Twins got four of the Mets' best prospects in return. If Santana had left as a free agent, they would have received nothing.

MEANWHILE, THE INDIANS just locked up 24-year old pitcher Fausto Carmona through 2014, buying out two years of free agency. Colorado Rockies shortstop Troy Tulowitzki, 23, is also staying put.

Small-market Milwaukee 's young talent is the envy of the league. Prince Fielder is the youngest player to ever hit 50 homers in a season. Ryan Braun is the reigning NL Rookie of the Year. Both are still young and affordable. Both are in talks to stay in Milwaukee, and off the free agent market.

These teams are proving that you don't need a salary cap to bring parity to baseball. You just need a little creative investment in the future.

Page:   12

Letter to the Editor

topics:
Trade, Sports

Ryan Young is CEI's Warren T. Brookes Journalism Fellow.

Comments

Chance G.| 2.19.09 @ 12:14AM

We are now facing a big pay cut. Also, Kazakhstan is facing a major economic crisis. Executives in other countries may have to get payday loans to get their gold plated back scratchers too. Kazakhstan has followed Obama's lead, and has announced its own salary caps. The president of the central Asian nation, Karim Masimov, only makes just over $50,000 a year (in U.S. dollars). Executives there don't make that much more than the president. $50,000 a year is the income level of a lot of consumers in the U.S. that get payday loans. Similar measures have been talked about in the UK and other places. Still, it is a highly dubious prospect that executives making about $50K are going to worry about getting payday loans in a country where the national monthly wage averages just under $400 U.S.

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