Quote:
Originally Posted by Sladge34
Mickey Mantle's 1963 Salary. In 1963, baseball player Mickey Mantle earned $100,000, at the time one of the top salaries in the league. This is equivalent to $810,934 in 2018 dollars, far less than today's top players who can make more than $30 million.
That was a top salary, imagine if you weren't a star. These guys sign as a retirement fund. Now a days, they don't need to do that.
I'm a huge Jeter fan... Can you blame him for having high price points? Obviously everywhere he goes, people know him. There's 325 million people in the u.s. alone. There's 7 billion people in the world. Startling numbers, and no, not everyone in the world wants a Jeter autograph. Let's just say 1-10 Americans want it, that's 3.25 million autographs he would have to sign... that's insane, imagine the time that would take. And that's just in America...
Now on to the 90's problem. I grew up going to card shows on a weekly basis. I was young, but still remember all the sleaziness that was going on. For example on here, the joe d hidden playboy autograph. Can you blame these guys for being dicks? How bout we turn it around and blame all the money sucking idiots who ruined it for the true collectors. Maybe instead of watching the guy open up the hidden playboy issue, someone should have punched him in the face and ripped up the playboy issue and gave it back to joe d, I'm sure he would have liked that... just saying
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Every time I hear about players from the past talking about salaries I can't help but laugh. You can't plug in a number from 1963, read that it's ONLY $810,000 and think that Mantle was getting gypped in any way at all. In 1963 the average annual income was $5,800 accord to People's History. So at $100,000, Mantle made 20 times the average person. He lived a very comfortable life and there is absolutely no reason to think he didn't get his due.
Case in point: in 1963 the average cost for a brand new house was $12,650 (again, according to People's History). In 2018, that amount of money equates to just over $100,000. However, a new home in 2018 is said to average $286,000 according to Home Advisor.
Point being: you can't buy a new home in 2018 with the money a new home cost in 1963.