Sep
09
Posada on Second
ByJorge Posada is in the process of converting an entire floor of a building at 77th St. and 2nd Ave. into his family’s very own apartment. He just bought one of the floor’s units for $3.5 million. And he paid in cash. It must be nice being a baseball player.
There was an article on a similar topic also on the NYT recently (you should be able to read it by pressing my name).
Yes, its nice to be an elite ballplayer, but I sort of get the impression that unless you are getting A-Rod money (and even then, barely) you are not in the same league as others super rich types out there today.
The average salary of a Fortune 500 CEO is something like $10 mil a year, but the upper echelons definitely get up into the $20-$40 mil range with stock cashouts, etc. But Posada is still one of the wealthiest men in the country, which is a weird thing to say about a ballplayer, right? ARod makes more than almost every Fortune 500 CEO for example. Crazy.
It’s amazing how much money these guys make. Look at Mike Myers, B-Ref says he’s made over $9.5M in his career!
The all-time salary list is…is…I dunno what it is, but it’s crazy how much money these guys make for playing a child’s game. How in the world did Matt Williams make almost $79M during his career? $70M for Tim Salmon? $65M for Kevin Appier?!? Oi…
wouldnt this indicate that he’s going to stay?
I wouldn’t read too much into it. I think it means he likes having his family live in New York and wants a stable place. He knows he won’t be playing for too too many more years, and a full floor apartment on Second Ave. is a great investment especially with a new subway line on the horizon.
That being said, I would be pretty surprised if he doesn’t stay in New York.
well, the Mets also play pretty close to that apartment and need a catcher.
if Posada opts for free agency, i don’t see any scenario where the Mets don’t make him a crazy offer.
that would be a nightmare, but there is going to be a lot of drama this offseason from the 4-ring club about Torre coming back.
if the Yankees make a managerial change, and unless they win the WS, i don’t see how they don’t, the odds become a bit longer that all three of Pettitte, Posada, and Mariano come back next year.
And that, Steve, is why I said I bet Posada stays in New York instead of saying I bet he stays with the Yanks. He could very well end up on the Mets.
you are correct. you did say that, though i was replying to both you and dan, who implied staying with the Yankees.
nice? try awesome.
The bright line between being really rich (e.g. mini-baller) and being a Baller is whether you can afford to buy and operate a private jet. Jorge isn’t there yet and likely won’t ever be but Arod is. The problem with being a ball player is that you are a straight W2 wage-earner and income taxes simply kill you.
Off the top of my head, the atehletes that are Ballers:
Baseball- Arod and Clemens
Basketball- Jordan and Shaq (lots of outside income for both)
Football- Nobody
Hockey- The Great One
Tennis- Agassi, Sampras, maybe Sharapova (agin the outside income here is huge)
Golf- Tiger, the Ballerest athlete of all
But all of these guys together barely equal one Oprah to put things in perspective.