OPINION: 'Welcome to the new sports landscape where the numbers are dollars, not stats. Maybe it all started nearly a hundred years ago when a sportswriter told Babe Ruth he was making more than President Calvin Coolidge and Babe replied,…
In 1968, a bunch of guys from Tucson launched the Phoenix Suns, a team in the National Basketball Association. Price: $4 million. A few years later, General Manager Jerry Colangelo bought the Suns for $40 million. In 2004, Tucson native Robert Sarver got them from Jerry for just over $400 million. Today I heard that a mortgage banker is buying them from Sarver for $4 billion. Four billion! Proving what? Maybe that Tucsonans are really, really smart.
Minnie Minoso wore number nine on the back of his pin-striped home jersey. Pitcher Billy Pierce won 20 games in 1957. The greatest stat of all-time was Babe Ruth’s 60 homers in a year. Yes, he is good. Based on his appearances last year, I figure every time he strides to the mound he will earn nearly a quarter of a million dollars. But, that good? Of course I am talking about professional sports here. The word “professional” means you get paid to play. It is American capitalism at its best. Everybody makes money.
It is surprising, make that shocking, to learn that an assistant football coach at ASU made more than the UA president last year.The new name, image, and likeness rules mean good players at top schools can get plenty for endorsing local businesses. Nick Saban at Alabama said his team’s players took in $3 million in total this year. New rules allow players to switch schools every year, for any reason, including for earning more money. Many do. And this is amateur sports.
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