Yet another story about an overpaid major league ballplayer on the wires today. The Giants signed back-up catcher Eli Whiteside to a one-year $ 600 K contract. That is the figure that Whiteside will earn if he makes the big league club. If he is placed on the minor league roster he will make $ 175 K next season. Another way of looking at this is that if Whiteside makes the minor league team next year he will be paid more than Willie Mays ever made in his prime years with the Giants. In fact Mays’ top salary with the Giants was $ 180 K in 1971-72. I wonder how Wille Mays feels when he hears that a back up catcher who hit .197 last year, whose lifetime average is a paltry .218 and whose game-used bats don’t even sell for $ 20.00 on EBAY stands to make more money in the minor leagues than he (Mays) made as the marquee player in the National League for twenty years ?
The argument can be made of course that $ 180 K – when the adjustment is made for inflation – was worth far more in 1972 than it is nowadays. But how much more ? According to the US Govt official Consumer Product Index inflation calculator $ 180,000 in 1972 has the same buying power as $974 K in 2011. In other words, if Eli Whiteside can get his average over .200 in 2012 he will probably be making more than Willie Mays, inflation and all.
All of this begs the question, what is wrong with America nowadays that a professional baseball player – even a lousy one – makes so much money ?