Federal judge to MLB: There is a limit to your money grubbing

August 9th, 2006 → 8:44 am @

Major League Baseball Advanced Media, the Internet arm of MLB, was formed in 2000 almost as an afterthough; today, its estimated worth is about $2.5 billion, more than the value of the Red Sox and the Yankees combined. But Bud Selig et al didn’t feel that was quite enough, and wanted fantasy leagues to pay licensing fees to use players’ stats.

Yesterday, a federal judge told MLB to chill it out with their “more more more” act. Do you think baseball’s next argument will be a Sprewell-esque “we’ve got our families to feed”? Or perhaps they’ll take a page from the Johnny Damon playbook, with Selig claiming that he’s bought a house he can’t afford?

Post Categories: Major League Baseball & Obscene amounts of money

$160 million doesn’t buy what it used to

June 15th, 2006 → 9:19 am @

Manny Ramirez speaks out on the differences between life under Alan Greenspan and Ben Bernanke.

“It’s all I can afford on my budget.”
— Manny Ramirez, June 2006, after stopping for take-out Chinese at the Minneapolis-St. Paul airport.

“Don’t worry about it. I’ve got money. I can buy another one.”
— Manny Ramirez, June 2002, after losing a $15,000 diamond earring after a headfirst slide during a rehab stint in Pawtucket.

Post Categories: Manny Ramirez & Obscene amounts of money