Thursday, August 14, 2014
Earnings by race
Matt does a terrific job to break down the contracts and performances of players by various categories to conclude:
The average income in the United States is over $50,000 per year, while the average income in much of Latin America ranges from $10,000-$20,000 per year. It is far more risky for a Latin American player to forego financial security later if he risks being transplanted back into a weaker economy. I believe this is probably the main cause of lower earnings among Latinos who re-sign early, and in addition to the lower market value on glove-first players, this explains why Latinos earn less per WAR on average than white or African-American players.
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