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Friday, October 30, 2009

MLB salaries v GDP

By Tangotiger

Over the last 20 years, GDP has been growing at roughly 5% a year, while MLB salaries has been growing at nearly 10% a year. If GDP growth is expected to be, say, 2.5% in 2010, then expect sports salaries to increase by, say, 5%. I love nice and simple rules of thumb.

(5) Comments • 2009/10/30 • Sabermetrics • Finances

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