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The Economics of Pro Athletes’ Mega-Salaries

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The Economics of Pro Athletes’ Mega-Salaries
Mike Trout #27 of the Los Angeles Angels of Anaheim hits an RBI single in the ninth inning during MLB game action against the Toronto Blue Jays at Rogers Centre on June 19, 2019 in Toronto, Canada. Tom Szczerbowski/Getty Images
Mark Hendrickson
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Commentary

A generation or so ago, when million-dollar annual salaries in major league sports were starting to become commonplace, there were numerous complaints that no athlete deserved such lavish compensation for playing a game.

Mark Hendrickson
Mark Hendrickson
contributor
Mark Hendrickson is an economist who retired from the faculty of Grove City College in Pennsylvania, where he remains fellow for economic and social policy at the Institute for Faith and Freedom. He is the author of several books on topics as varied as American economic history, anonymous characters in the Bible, the wealth inequality issue, and climate change, among others.
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