Our Texas Rangers blog, Lone Star Ball, has put together a post exploring what many fans believe about money in sports: that players are paid far too much, they're greedy, they're the reason ticket prices are so high, etc., etc.
Lone Star Ball is absolutely correct...
[A]thletes make lots of money because the owners are able to charge high ticket prices. Revenues drive player salaries, not the other way around.
...but I do understand why some fans think the way they do. Really, I do. $10 million a year, let's say, is an incomprehensibly large amount of money. My understanding of basic economics is at loggerheads with my emotional, reactionary side, which will tell you things like, "players should donate 90% of their money to homeless people. They'd still have a million dollars!"
But if there's one thing I like to pick on, it's naiveté, so here is a basic flowchart illustrating the logic of the fans in question.
In the old days, players were paid a common man's wage, eatin' lunch outta lunch pails, ridin' the train to work, fixin' their own water heaters, just like you an' me!
Also, the owners got all the money
Make ticket prices like five dollars or something