About Those $14 Hot Dogs….

garlicGood piece in the L.A. Times’ Dodger blog about Felix Hernandez’s new contract.

For those of you who haven’t heard, the Seattle Mariners pitcher, 26, just signed a new contract: 7 years, $175 million. But the gist of the Times story is that Hernandez’s contract could affect every new contract in Major League Baseball and continue the astronomic rise in salaries over the past decade. Here’s the key paragraph from Times beat writer Bill Shaikin:

The Hernandez contract offers further evidence of the robust financial health of baseball, and of the success of its revenue-sharing program.

Consider these substantial signings within the last three years: Albert Pujols ($240 million) by the Angels, Joey Votto ($225 million) by the Cincinnati Reds; Prince Fielder ($214 million) by the Detroit Tigers; Joe Mauer ($184 million) by the Minnesota Twins; Hernandez ($175 million) by the Mariners; Kemp ($160 million) by the Dodgers; Troy Tulowitzki ($158 million) by the Colorado Rockies; Greinke ($147 million) by the Dodgers; Cole Hamels ($144 million) by the Philadelphia Phillies; David Wright ($138 million) by the New York Mets; Matt Cain ($128 million) by the San Francisco Giants.

The New York Yankees are not on that list.

The upshot for the Dodgers — who have yet to win a single game with their new $250 million payroll, is that Dodgers ace Clayton Kershaw, 24, could demand $200 million to re-sign in 2014. As the Times noted, “Kershaw, 24, the Dodgers’ ace, is two years younger than Hernandez and two years from free agency. Hernandez won the American League Cy Young Award in 2010 and finished second in 2009; Kershaw won the NL Cy Young Award in 2011 and finished second in 2012.”

So think of Hernandez — and all those $100M+ contracts — next time you go to a game and you can’t get a seat in the lower deck for less than $150, parking is $40, and those great Dodger garlic fries are $8.

About Mark Yost
Mark Yost is the author of the Rick Crane Noir series, published by Stay Thirsty Press. Rick Crane is the classic, anti-hero private eye in the spirit of Sam Spade and Jim Rockford. He works in the unmistakably noirish underworld of Upstate New York, running errands and fixing problems for Jimmy Ricchiati Sr., one of Upstate New York's most notorious crime bosses. But readers quickly learn that deep down, Rick Crane is one of the good guys. "Cooper's Daughter," the first book in the widely acclaimed series, is a fast-moving tale in which a heartbroken father comes to Rick and asks him to find out what really happened to his daughter, who was murdered and the details buried in the Unsolved Crimes File of the local police department. The second book in the series is "Jimmy's Nephew," which begins with the death of Joey "Boom Boom" Bonadeo, an up-and-coming boxer and the nephew of Rick's underworld boss. What starts out as a routine investigation turns into a case that will test Rick's faith -- in the Catholic Church and his fellow man. Book No. 3 in the series, "Mary's Fate" is due out in August 2015. Mark Yost also writes for The Wall Street Journal Arts in Review page, as well as the Book Review section. He is a member of the Mystery Writers of America -- Midwest Chapter, International Thriller Writers, and a number of other author groups. He is also a member of the Amazon Author's Program. Mark lives in the Loyola neighborhood of Chicago, but he and his son, George, call the Bensonhurst section of Brooklyn "home."

One Response to About Those $14 Hot Dogs….

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