“How much more do you need? Could have got more, whatever. Who cares? If $85 million is not enough to take care of my family and generations to come, then I’m pretty stupid.”
–—Los Angeles Angels pitching ace Jered Weaver,after signing a 5 year, $85 million contract to stay with Angels.
Weaver hardly signed for chicken feed, but his statement should be heeded by greedy athletes and corporate executives alike. After next year, he probably could have demanded another two or three million dollars a year or more from the highest bidder for his services, in exchange for leaving a team and a city where he is appreciated and comfortable, putting additional pressure on himself, and using funds that otherwise could pay the salaries of many lower paid club workers who might end up with no jobs at all. Continue reading

