Mortgaging the Future
There are a ton of examples of how out of whack professional sports have become.
How about the franchise that is willing to bet the bank ( and future revenues) on the unproven collegiate athletes. It used to be that you had to prove yourself before you could earn the big bucks. No so any more. With agents, TV contracts and merchandising, professional sports teams are free and easy with the big contracts and signing bonuses. Even baseball, which usually requires, several strong years of performance before the big bucks come, pulled the same kind of thing with Daisuke Matsuzaka. A proven Japanese superstar, Matsuzaka’s agent, Scott Boras, allowed MLB teams to bid just to negotiate with the pitcher. The Red Sox won the bidding by paying over $51 million and then signed Matszaka for a six year deal worth between $50 million and $60 million more dollars. While a proven Japanese performer, this pitcher represents and investment of more than $100 million. He’s just a pitcher and is only as good as his arm.
There is a solution to this crazy system of teams mortgaging their futures on unproven athletes. It’s TruStar Sports. In these new leagues, there are no signing bonuses; no long-term contracts; no long-term risky commitments. All the players start with the same basic compensation package. Those who excel are paid exactly what they are worth according to member fan discretion. The athletes that make the big bucks are the high performers. Moreover, in order to become a member of the TruStar Sports elite, that athlete must excel off the field as well as on the field or court. Any player who turns up on the police blotter with take a big hit on his bonus paycheck. Isn’t that the way it’s supposed to be? As ordinary people holding jobs, aren’t we paid for performance and not for potential?
