Wednesday, January 19, 2011
Yankees Avoid Arbitration
The Yankees have signed Hughes, Chamberlain and Logan to new deals without them going to arbitration. Hughes will get $2.7 million (thus the benefits of building your own starters within your system), while Chamberlain will get $1.4 million and Logan $1.2 million. It gets me thinking that if you can nail your first million in baseball, you may not be set for life, but you could get pretty far. With a cool million you could buy a rather nice house, two rather nice cars, and not even have spent half of your money. With the mortgage and car payments taken care of, you're left not paying what normally takes up half of peoples monthly income. I have a feeling that with a frugal approach you can make the remaining half a million last some time. But of course I wouldn't know since I've never made a million in baseball, or anywhere else for that matter. I just needed to write something that wasn't about Rafael Soriano, and that's about all I could come up with. Sorry everyone, they can't all be winners.