While I credit the St Louis Cardinals organization for acquiring private financing for Busch Stadium instead of sticking the local government with the bill - the fact remains that the $186K that Mr Pujols is paid per game (assuming a 161 game season) comes from the box office, the concessions and and the price of the consumer goods who's companies purchase commercial advertising connected with the game and the stadium.
Please understand - I AM NOT COMPLAINING toward Pujols or the Cardinals organization.
I am just making another reference to how the entertainers and sports operations appear to escape the scrutiny and damnation that the standard CORPORATION so frequently receive when it comes to such imbalances in compensation. To be sure - the AVERAGE corporate CEO in America does not make $30M per year. This despite the fact that they (likely) employ more people on average than does an individual baseball player create jobs with his fortunes.
With sports and entertainment spending being 100% discretionary spending - the continuing flow of dollars shows that - despite the grieving American public which is reeling over the latest unemployment numbers, increasing college costs and the presentation of federal budget with a $1,500 billion+ deficit - there is no stomach to "regulate" the ticket pricing structure and ad sales as a means of lowering the costs of fan participation - allowing them to keep more money in their pockets.
It appears that despite the fact that the city of St Louis made Forbes' "Miserable Cities List" - the people are proud of their baseball team.
I'm just saying.
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