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Reasons you need a PLN:
AJ: Planet Money: Episode 947: Some-of-the-Money Ball
Baseball is a winner-take-all career. There is a very small chance of making massive amounts of money. But more importantly, there is a very big chance of making almost no money. Some minor leaguers earn $8,000 dollars per year.
To have more chances of winning the baseball lottery, some players are deciding to get together and face the odds as a group. They are joining “income pools,” which could change the way baseball players, and lots of professionals, think about how we get paid.
Chris:
Stacey: How I Built This – Gimlet Media: Alex Blumberg and Matt Lieber
FeedbackHosted on Acast. See acast.com/privacy for more information.
4.4
3535 ratings
Reasons you need a PLN:
AJ: Planet Money: Episode 947: Some-of-the-Money Ball
Baseball is a winner-take-all career. There is a very small chance of making massive amounts of money. But more importantly, there is a very big chance of making almost no money. Some minor leaguers earn $8,000 dollars per year.
To have more chances of winning the baseball lottery, some players are deciding to get together and face the odds as a group. They are joining “income pools,” which could change the way baseball players, and lots of professionals, think about how we get paid.
Chris:
Stacey: How I Built This – Gimlet Media: Alex Blumberg and Matt Lieber
FeedbackHosted on Acast. See acast.com/privacy for more information.
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