Word: contracts
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Dates: during 2000-2000
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...when I was such a graduate student at Yale in the mid-'90s, I found that I thought more about collective bargaining, binding arbitration and union-busting. Yale's campus saw three painful labor strikes in 1995, when neither of the recognized unions was able to settle a new contract with the university and the nascent teaching fellows union was forcefully pushing for legal recognition. While the unions for clerical/technical and service/maintenance workers finally won contracts, graduate student teachers did not. Their struggle has continued over the last five years...
...this is not Derek Jeter masquerading as the V-Spot. Alex Rodriguez did all of baseball a favor by taking Tom Hicks' ridiculous 10 year, $252 million contract to play shortstop for the Texas Rangers. Mark my words, when the history of baseball is written, this contract will be considered as epoch changing as the actions of Curt Flood and Marvin Miller...
Quite frankly, this contract is so stupendous that the traditional arguments brought against excessive spending will no longer offer solace to the small market teams. For the past few years, one only needed to look at the antics of Peter Angelos and the Baltimore Orioles and realize that money does not buy success. And even as the payroll of the vaunted New York Yankees ratcheted ever skyward, at least Yankee fans could point to the core of their team as homegrown--Andy Pettite, Mariano Rivera, Bernie Williams and, of course, Jeter...
...this contract is a slap in the face to the entire economic system of the game. The Seattle Mariners are by no means a poor team. They have a brand new, well-attended facility in Safeco Field, and they offered Rodriguez somewhere around $150 million to stay put. The fact is that GM Pat Gillick has done everything right over the past couple of years to bring his club to the precipice of contention...
...fact is, not only cannot the small market teams not compete with expenditures of $252 million, even the mid-size teams cannot conjure up this kind of cash. Entire teams are not worth that much. ESPN.com broke it down: Rodriguez' contract would be the 13th most valuable baseball franchise. It would rank fifth in the NBA; only the New York Rangers are more dear in the NHL. At least it falls $50 million short of the poorest NFL team...