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Gordon Gecko says Greed is Good

Pejorative Miscreant

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Pejorative Miscreant Grand Master

Pejorative Miscreant

Posted
Posted

Last year a player used the free market and was paid 21 million dollars based on market demand and incentive pay. "Greed is Good"

Last year a player used the free market and signed a multi-year contract that guaranteed him over 15 million dollars. Greed is Good

This year an owner was able to release a player and divest himself of 12.5 million dollars worth of future penalties associated with a players contract. Greed is Good

This year an owner divested himself of many contractual liabilities based on a publicly known timeline and labor agreement.

Greed is Good

This year, a during a time where owners are percieved to be taking advantage of players, a player signed a milti year contract with a guaranteed amount of 41 million dollars. Greed is Good

Translation: Benefitting from a free market does not make someone (owner or player) a bad guy. It makes them human.

On one side of the coin, players deserve everything they can get. If the market says pay them 90 million they should get that much.

On the other side, owners deserve every penny they earn. They earn every penny and do their best to maximize profit (by attempting to increasing income and limiting the number of 91 million dollar contracts)

This is the free market ( a version of it...) Stop hatin

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