Common Tragedies

Thoughts on Environmental Economics

Apparently making $15 million a year is just like slavery

Posted by Rich Sweeney on July 11, 2008

Butting in to the C-Ron transfer saga this week, FIFA president Sepp Blatter said that the Portuguese winger should be allowed to leave Manchester United for Real Madrid whenever he wants to, despite the fact that he’s under contract until 2012. Criticizing Man-yoo’s shocking reluctance to simply give away the world’s best player, Blatter said, “I think in football there’s too much modern slavery in transferring players or buying players here and there, and putting them somewhere.”

Yet this “slave” extended his own period of servitude just last fall. And why would any club give a player a multi-year deal if he could just walk away whenever he wanted? A contract would guarantee the player’s wages if his productivity/ market value declined, but would not guarantee the club the player’s services should his market value increase.

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