Petty and Gutless, Typical...

[Lip Man 1]

Kudos to JR for chastising the other owners over this.

Amazing...

http://espn.go.com/new-york/mlb/stor...el-sources-say

Lip

[DSpivack]

Cheap JR strikes again!

Want to bet that the small-market owner mentioned is Loria?

[chicagowhitesox1]

I'm thinking Kansas City. Aren't they owned by the Wal-mart family?

[DSpivack]

Originally Posted by chicagowhitesox1

I'm thinking Kansas City. Aren't they owned by the Walmart family?

David Glass is the former President & CEO.

http://en.wikipedia.org/wiki/David_Glass_(businessman)

[doublem23]

Originally Posted by chicagowhitesox1

I'm thinking Kansas City. Aren't they owned by the Walmart family?

No, they're owned by David Glass, former CEO of Walmart, but not a member of the Walton family.

[russ99]

Could be Phil Crane, who heavily leveraged his sale of the Astros and when asked if the Astros could add to payroll, he said, “It doesn’t bother me that people want us to spend more money, But it’s not their money. This is a private company, even though it’s got a public flair to it. If they want to write a check for 10 million bucks, they can give me a call.”

[Irishsox1]

There is nothing wrong with abolishing the outdated pension plan if the owners offer individual 401k investment plans. Give the employee the money now and the choice where to invest. Pensions are a thing of the past for retirement investment, except for government based jobs, private unions and the teachers unions.

I have a feeling Jerry is doing pretty well managing the Sox pension plan and doesn't want to go to the individual 401 k for money reasons that he doesn't like.

[Lip Man 1]

Irish:

You're assuming the owners will offer that. Sounds like from the story some of these p***** don't even want to do that for their employees.

Lip

[DumpJerry]

Well, this will eviscerate Theo's vaunted scouting staff as they run off to real jobs......

[WhiteSox5187]

Kudos for Jerry for chastising the other owners, given his loyalty I suspect he takes care of his scouts as well. Ironically, IF the owners vote to get rid of this plan but Jerry keeps the White Sox current plan in place it could wind up being very beneficial to the White Sox scouting department. It would make the White Sox are much more appealing team to be a scout for.

[Irishsox1]

Originally Posted by Lip Man 1

Irish:

You're assuming the owners will offer that. Sounds like from the story some of these p***** don't even want to do that for their employees.

Lip

If the MLB owners don't offer 401k plans to compensate for the pension plan, then some people will leave that industry and some will stay and that's that. There is nothing written in the law that says that if you work for a professional sports team that you're entitled to a pension or 401k plan. If that's what the free market dictates then that's what that free market dictates. However there are plenty of jobs out there that pay better than the pro franchises and offer better benefits.

If someone is offered a full time job with no benefits, they do not have to take that job and they do not have to stick with that job.

[Lip Man 1]

Trying to tread lightly here. All I'll say is there are millions of folks in this country having to work jobs with little to no benefits. I've been there.

The problem is in fact, many, I'd say the majority DON'T have the choices that you are assuming they have. ESPECIALLY in this country at this time with this screwed up economy.

I have no issues with any company or business making a profit, none...they take the risks, they are entitled to a reward.

But when the pursuit of profit overtakes basic human needs and dignity, there's something wrong. Dead wrong with that attitude. They are not entitled to a limitless profit.

NO sports franchise that I know of is losing money. What is a fact as shown in the book The Lords of the Realm is that MLB teams (and I suspect other pro sports teams) have been cooking the books for years. These are smart, very smart business people...they aren't going to hang on to a money loser...that's not their way.

They can afford to pay loyal employees a pension. Period. ESPECIALLY in a business that Proud to be Your Bud crows about being worth eight BILLION dollars.

Lip

[amsteel]

Businessmen be businessin'

[asindc]

Originally Posted by Lip Man 1

Trying to tread lightly here. All I'll say is there are millions of folks in this country having to work jobs with little to no benefits. I've been there.

The problem is in fact, many, I'd say the majority DON'T have the choices that you are assuming they have. ESPECIALLY in this country at this time with this screwed up economy.

I have no issues with any company or business making a profit, none...they take the risks, they are entitled to a reward.

But when the pursuit of profit overtakes basic human needs and dignity, there's something wrong. Dead wrong with that attitude. They are not entitled to a limitless profit.

NO sports franchise that I know of is losing money. What is a fact as shown in the book The Lords of the Realm is that MLB teams (and I suspect other pro sports teams) have been cooking the books for years. These are smart, very smart business people...they aren't going to hang on to a money loser...that's not their way.

They can afford to pay loyal employees a pension. Period. ESPECIALLY in a business that Proud to be Your Bud crows about being worth eight BILLION dollars.

Lip

Agree 100%, especially since it is quite obvious.

[DSpivack]

Originally Posted by Lip Man 1

Trying to tread lightly here. All I'll say is there are millions of folks in this country having to work jobs with little to no benefits. I've been there.

The problem is in fact, many, I'd say the majority DON'T have the choices that you are assuming they have. ESPECIALLY in this country at this time with this screwed up economy.

I have no issues with any company or business making a profit, none...they take the risks, they are entitled to a reward.

But when the pursuit of profit overtakes basic human needs and dignity, there's something wrong. Dead wrong with that attitude. They are not entitled to a limitless profit.

NO sports franchise that I know of is losing money. What is a fact as shown in the book The Lords of the Realm is that MLB teams (and I suspect other pro sports teams) have been cooking the books for years. These are smart, very smart business people...they aren't going to hang on to a money loser...that's not their way.

They can afford to pay loyal employees a pension. Period. ESPECIALLY in a business that Proud to be Your Bud crows about being worth eight BILLION dollars.

Lip

Originally Posted by asindc

Agree 100%, especially since it is quite obvious.

Yeah, fantastic post.