37 votes
Accepted

What does Billy Beane mean by "Yankees are paying half your salary"?

Something similar to this situation is apparently going on right now with the Yankees. As far as I can tell, the Yankees want to trade Brian McCann but he's under contract through 2018 for $17 ...
MattD's user avatar
  • 19.7k
22 votes

What does Billy Beane mean by "Yankees are paying half your salary"?

It's a pretty common occurrence in professional sports for a team to be responsible for part of a player's salary if they are traded midway through a contract. Alex Rodriguez was paid by the Rangers ...
Johnny Bones's user avatar
  • 59.8k
11 votes

What does Billy Beane mean by "Yankees are paying half your salary"?

The salaries are locked in while the players are under contract. If I dump a player via waivers during the season and no one picks them up, I'm on the hook for their contracted amount for the rest of ...
PoloHoleSet's user avatar
  • 9,637
3 votes
Accepted

Can somebody explain this quote from movie Moneyball?

This is essentially Loss Aversion. The difference is that people respond more strongly to negative stimuli than to neutral or positive stimuli. So in this case, it is quite obvious that Billy Beane is ...
zmike's user avatar
  • 623

Only top scored, non community-wiki answers of a minimum length are eligible