Ted Williams' Self-Imposed Salary Cut

Ted Williams is reputed to have asked for a $35,000 (more than 25% of his salary) pay cut after a subpar season. If that standard were adopted today, 99% of major league players would be laboring for the minimum wage.

Professional Sports Should Pay Their Own Way

Professional sports stadiums should not be financed with taxpayer dollars. The argument that such subsidies stimulate the local economies has been refuted by a number of economic studies. But academics aside, why should middle and lower income taxpayers provide venture capital for multimillionaire owners and players? For the privilege of paying exorbitant ticket prices?