A Sport Can Only Be As Good As Its Players And The Leadership That’s Shown By Its Executives.
Much like a profitable company is viewed as a viable investment opportunity for equity investors. The same can be said for professional sports. And in particular , baseball and the fans who are avid followers and supporters of not only the game but the franchises as well. The fans are much like that of an investor as they’ve a vested interest in seeing the equity maximize its profit potential exponentially . However of late the share price of baseball were it a share price on the New York Stock Exchange would be at an alltime low. Baseball’s share price has dropped precipitously low . It’s now nothing more than a penny stock at present and is not about to rise anytime soon.
Unfortunately for baseball at present it’s not looking as worthy an investment as say the Big Three (Chrysler, Ford , GM) automotive companies or that of the failing banking industry on Wall Street. About the only thing that separates these entities at present. Is the mere fact that now the titans of those two particular industries have finally the will to stand up and admit to the mistakes that they’ve made. Albeit that they’re now being bailed out at the taxpayers’ expense. But then again the automotive industry hasn’t been a worthwhile entity in well over a decade ! However the game of baseball hasn’t the leadership or presence of mind to even admit that it is at fault in any way.
If nothing else Commissioner Bud Selig and the owners have shown that they don’t possess a backbone or the willingness to stand up to the union. If anything at the owners’ beckoning and acting in collusion with Donald Fehr of the Players’ Union they’ve seen fit to defraud the public and the fans at large. And we’re meant to believe that these individuals have the best interests of the game in their mindset ? In reality nothing could be further from the truth. Selig couldn’t spot the truth if it were written in 5 foot high letters and place atop of the Time Magazine building in New York City for the world to see. One thing is now becoming abundantly clear is that Selig lives in his own imaginary world of make belief. And each of the characters in it are merely those from a fairy tale. As to which to fable that might be , is open to a great deal of debate.
Now as the game finds itself in perhaps the most unexpected of controversies concerning that of one the pre-eminent players in the game . It has to be asked is there nothing a shoe awaiting to be dropped concerning Alex Rodriguez or any other player who might well be on the infamous list of 104 names ? Rodriguez’s admittance that he’d used steroids for three years whilst playing for the Texas Rangers. Though it has to be said the veracity of the argument being put forward by the player himself has so many holes in it. That the press conference convened by the New York Yankees was merely nothing more than a charade. Clearly the player is still delusional and his thinking that this may well lead to a dissipation in the ongoing interest in the matter.