AN ECONOMIC ANALYSIS OF INVESTING IN A PITCHER’S EARNINGS.
AN ECONOMIC ANALYSIS OF INVESTING IN A PITCHER’S EARNINGS. I posted here about the opportunity to invest in a percentage of pitcher Randy Newsom’s major league earnings. Now three journalists at Slate have made the investment. This article has a good analysis of the economics of this investment opportunity.
The investments shouldn’t be tied to their finances, but entirely to their actual performance on the field. Further, these should be made mandatory. So baseball fans would have to actually understand that “Wins” is stupid statistic.