The Oakland A's informed minor league players today that they would not continue paying them $400 a week after the end of the month, sources familiar with the situation told ESPN.— Jeff Passan (@JeffPassan) May 27, 2020
Other decisions from organizations should arrive in the coming days. A bad sign to start, though.
It'd be easy to criticize this move and talk about how owners perpetually treat their players as property, only doing what is best for themselves and their pockets. But no, i'm gonna take the high road and defend Mr. John Jingleheimer Fisher...you don't get to be someone as successful and wealthy as the trust fund Gap child without some tough decisions.
"and to conclude, uh, no, we will not be paying those poors." |
John J. Fisher has had to grind his way through Princeton, and then again, through Stanford business school...and this was all to start from the ground up as the president of his parents' investing firm. He didn't just get the keys to Gap right away. You're going to ask him, an investment banker, to invest close to a million dollars into players who will give him no return? Are you crazy? To ask him to simply dish out scraps of his fortune to some greedy kids fresh out of college? Johnny J. is not for handout my good sir. You're going to have to work for your scratch in these parts.
Just some rough math. Say there are 200 players in a minor league system. Paying each $400/week for July, July and August is $5,200 per player. To pay every minor leaguer would have cost the Oakland A's a hair over $1 million.— Jeff Passan (@JeffPassan) May 27, 2020
Owner John Fisher is worth an estimated $2 billion.
If you do take issue with him refusing to pay employees however, you'll take great solace in knowing the Gap workers are being compensated greatly.
Scoop: Gap Inc. is laying off at least 10% of its corporate workforce. One of the world's largest apparel retailers, Gap is scrambling to conserve cash to weather the economic crisis triggered by coronavirus. Story by me and @Cathaleen_Chen. https://t.co/U66Hw8tnRT— Chavie Lieber (@ChavieLieber) May 1, 2020
No comments:
Post a Comment