Obscene Sports Salaries

Great article from the NYTimes this morning about ridiculous sports salaries juxtaposed against recent layoffs at GM. Depressing stuff and one of the reasons I sorta hate professional sports as I get older. Of course, athletes and franchise owners aren’t the folks guilty of nonsensical greed. It just seems more ridiculous when you work for 3 months playing a game I guess.

But the tick of obscene salaries just keeps on ticking in professional sports, the one sector of the economy I know of, except for maybe Internet pornography, that still dances merrily along in the bubble of its isolation from the real world.

Interestingly, looks like CrookedTimber has a somewhat related post

Update: Harper’s has a somewhat similar article.

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