Tuesday, January 19, 2010

Evolution Of Salary Arbitration: An Ironic Tale

Somewhere in the afterlife, Charlie Finley and Dick Meyer must be shaking their heads and muttering “we warned you.” Back in 1973 they predicted what would happen if owners abandoned a take-it-or-leave-it stance with players and agreed to salary arbitration. Maybe it was inevitable. Maybe free agency was inevitable as well. But this scrawny, long-haired San Francisco Giants pitcher they call The Freak could increase his salary 20-fold in one year. What would Tom Seaver have earned after going 25-7 in his third season?

Yahoo

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