Quote:
Originally Posted by mbyron
Nobody ever got rich owning and operating a MiLB franchise. With a good team, the gate and concessions might cover your loan interest.
Also: why should the umpires make more than the players? Last I heard, MiLB players made around $3K/month, about the same as the umpires.
Finally: the players and umpires do it for the same reason: it's the only way to get to the show. And the chance of winning that particular lottery is itself a form of compensation.
|
Mike, you need to re-evaluate your sources.
Many people get richer owning MiLB teams. (You need to be fairly rich to buy one.) MiLB is doing very well. Owners earn a much higher rate of return on investment than most ML owners. 2008 was a record years for income for most MiLB clubs and MiLB overall.
Players receive a signing bonus off which many live for several years in addition to their salary. Umpires receive no signing bonus and they don't make $3,000 a month until AAA, around year 7 of umpiring for most. They still start out at about $1,900 a month.