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The Money Pitch - Baseball Free Agency and Salary Arbitration (Hardcover): Roger Abrams The Money Pitch - Baseball Free Agency and Salary Arbitration (Hardcover)
Roger Abrams
R1,229 Discovery Miles 12 290 Ships in 12 - 19 working days

Professional baseball players have always been well paid. In 1869, Harry Wright paid his Cincinnati Red Stockings about seven times what an average working-man earned. Today, on average, players earn more than fifty times the average worker's salary. In fact, on December 12, 1998, pitcher Kevin Brown agreed to a seven-year, $105,000,000 contract with the Los Angeles Dodgers, the first nine-figure contract in baseball history. Brown will be earning over $400,000 per game; more than 17,000 fans have to show up at Dodger Stadium every night just to pay his salary. Why are baseball players paid so much money? In this insightful book, legal scholar and salary arbitrator Roger Abrams tells the story of how a few thousand very talented young men obtain their extraordinary riches. Juggling personal experience and business economics, game theory and baseball history, he explains how agents negotiate compensation, how salary arbitration works, and how the free agency \u0022auction\u0022 operates. In addition, he looks at the context in which these systems operate: the players' collective bargaining agreement, the distribution of quality players among the clubs, even the costs of other forms of entertainment with which baseball competes. Throughout, Dean Abrams illustrates his explanations with stories and quotations -- even an occasional statistic, though following the dictum of star pitcher, club owner, and sporting goods tycoon Albert Spalding, he has kept the book as free of these as possible. He explains supply and demand by the cost of a bar of soap for Christy Mathewson's shower. He illustrates salary negotiation with an imaginary case based on Roy Hobbs, star of The National. He leads the reader through the breath-taking successes of agent Scott Boras to explain the intricacies of free agent negotiating. Although studies have shown that increases in admissions prices precede rather than follow the rise in player salaries, fans are understandably bemused by skyrocketing salaries. Dean Abrams does not shy away from the question of whether it is \u0022fair\u0022 for an athlete to earn more than $10,000,000 a year. He looks at issues of player (and team) loyalty and player attitudes, both today and historically, and at what increased salaries have meant for the national pastime, financially and in the eyes of its fans. The Money Pitch concludes that \u0022the money pitch is a story of good fortune, good timing, and great leadership, all resulting from playing a child's game -- a story that is uniquely American.\u0022

Legal Bases - Baseball And The Law (Paperback, New Ed): Roger Abrams Legal Bases - Baseball And The Law (Paperback, New Ed)
Roger Abrams
R765 Discovery Miles 7 650 Ships in 12 - 19 working days

If baseball is the heart of America, the legal process provides the sinews that hold it in place. It was the legal process that allowed William Hulbert to bring club owners together in a New York City hotel room in 1876 to form the National League, and ninety years later, it allowed Marvin Miller to change a management-funded fraternity of ballplayers into the strongest trade union in America.

But how does collective bargaining and labor arbitration work in the major leagues? Why is baseball exempt from the antitrust laws? In Legal Bases, Roger Abrams has assembled an all-star baseball law team whose stories illuminate the sometimes uproarious, sometimes ignominious relationship between law and baseball that has made the business of baseball a truly American institution.

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