0
By contract with the union for Major League Baseball Players Association, starting pay for a new player brought up from the minor leagues is at least $600,000.
This rate of pay is higher than for policemen, teachers and firefighters because Baseball players are "entertainers" and are paid by privately owned baseball teams. The formerly mentioned jobs are vital ones, however, the pay is from taxpayers. This could not be funded by any local, State or Federal government.
This comes down to a little economic theory called Supply and Demand:
The idea is that if there is a lot of something and the supply is greater than the demand then the price will be low.
For Police OfficersThere are more than enough people smart enough, and fit enough, and of the correct temperament to fill the number of openings for police officers. The limiting factor becomes will that rather special person work for that kind of money? So the pay and benefits for police officers tends to drop until the people you want to be a police officer won't take or keep the job any more. Then the pay rises until you reach an point where you can just barely keep and recruit the officers you need.
Baseball PlayersBaseball Players are premium level Athletes.
At this level, there is always a shortage of the very best players, so you have to pay enough to attract the best and keep them. All MLB players are by definition the very best. They would be in the minors otherwise. So they can command big money, and even bigger salaries are available for the stars of the game.
Add your answer:
Earn +20 pts
How many times less is a teachers salary to an NBA basketball players?
A teachers salary can't be compared to NBA players salary.
What is the difference between teachers and farmers?
Teachers teach people to read, write, do arithmetic and study the nation's history. Teachers can teach within a society. Farmers grow food to feed the world.
What are baseball players called when they play for fun?
amatteur baseball players
Why do teachers make less money than sports players?
yes
Who gets paid more baseball players hocky players or football players?
Usually baseball players depending on skills and how long the cantract is
What do baseball players do?
They play baseball.
Baseball team - number of players?
There are 9 players in a baseball batting order.
How many baseball players have broken a bone when playing in a game?
five baseball players
How many pro baseball players are there in the world?
There Are 750 Pro Baseball Players In The World
How many players were there in baseball in 1927?
25 players
Where do baseball players work?
Baseball players work on baseball diamonds or gyms because they are working even if they are just practicing.
Where do baseball players come from?
Baseball players can come from anywhere and everywhere in the world.
