December 19, 2014

It’s Worth It

Bud Selig will receive $6 million a year from Major League Baseball in retirement. So he’s value a little less than a one WAR player. Truthfully, if all it took to get him to retire was $6 million a year, MLB should have coughed up the money years ago.

On the other hand, Bud is pretty old, so maybe MLB thinks they won’t need to pay him for that long a period. As of 2010, the life expectancy of an 80 year old male was eight years. So MLB should expect to be on the hook for $64 $48 million.

Since the article doesn’t explain what Bud will be doing to earn the money, here’s the best possible explanation:

Correction: I can’t do math this morning.

4 thoughts on “It’s Worth It

  1. Larry

    Why should Selig have to do something to earn his retirement? I’m retired and don’t have to do anything for my check. I earned it while working (and contributing to it).

    On Selig’s watch, there has been labor peace (after it cost one World Series), the owners’ income has increased dramatically and franchise valuations have skyrocketed.

    Selig’s retirement is for what he’s done, not what he’s going to do, and besides, $6 million is what a journeyman catcher gets.

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  2. M Stone

    At 80, and already very wealthy, Bud doesn’t need the money or can he even spend it all. It is sort of like a crown given a king, a symbol, that has no value. Why these payouts are even made truly escapes me. Why Selig even accepts it is beyond my understanding. It’s all ego.

    Buy a gold-played walker, Bud.

    Then again, why does any quality ballplayer make a decision to play somewhere based on a 3-5 percent increase on an offer in the multi-millions?

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