Clipping:An economic analysis of player salaries
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| Date | Sunday, July 15, 1883 |
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| Text | “The salaries base ball players want nowadays,” said a prominent manager the other day, “are simply preposterous. It's an outrage, the prices we have to pay for talent.” This is all very well from the managers' standpoint. If the players had anything to say on the subject, he would be equally justified in remarking: “I know my salary is a big one, but So-and-So makes big money and can afford to pay it. He only engages me because he wants me. If he couldn't make money off of me he wouldn't engage me, and if I could make him pay me a hundred a week more I'd do it.” The relations of managers and player are admirably regulated under the laws of demand and supply. In an era of large returns large expenditures are the just rule. The man whose profits are handsome can afford to pay those who help him earn them handsomely, and he ought to do it. It is the fault of those whom he has to pay if he does not pay enough, and it is as unjust of him to blame his employee for setting a high price upon himself as it would be in the employee to blame him for taking in all the money he could at the gate. When the profits of the business decline, salaries will go down of their own accord. As long as there is enough amusement money afloat to keep the base ball field as full of attractions as it is, good players will be scare and dear. For the sake of all hands we trust they will be scare and dear for many years to come. |
| Source | Sporting Life |
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| Submitted by | Richard Hershberger |
| Origin | Initial Hershberger Clippings |
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