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		<title>If Albert does go, we&#x27;ll survive</title>
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		<description>Coin Toss's Blog: If Albert does go, we&#x27;ll survive</description>
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			<title>Original Blog Entry: If Albert does go, we&#x27;ll survive</title>
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			<pubDate>Fri, 18 Feb 2011 00:24:37 GMT</pubDate>
			<dc:creator>Coin Toss</dc:creator>
			<description><![CDATA[<p>(Pretty good article from the sports editor of my local paper):<br /><br />If Albert does go, we ll survive<br /><br />If Albert does go, we ll survive Posted: Wednesday, February 16, 2011 1:00 am |<br /><br />What an act of benevolence!<br /><br />Albert Pujols has given the St. Louis Cardinals and extra day to make him obscenely wealthy.<br /><br />The situation in a nutshell: Pujols is in the final year of the contract. He wants a new deal done by the beginning of spring training, or he becomes a free agent at the end of the year. Reports indicate that the slugging first baseman has already turned down a seven-year deal.<br /><br />Speculation is that Pujols is demanding a 10-year deal worth in the neighborhood of $275 million - a quite nice neighborhood.<br /><br />My reaction: It&#x27;s been a heckuva run Albert, hope you enjoy playing for the Yankees.<br /><br />Before you take that step, you may talk to your new teammate Lance Berkman about playing in New York. Apparently, it&#x27;s not for everyone.<br /><br />Right now, Pujols is generally regarded as the best player in baseball. Right now, $27.5 million per year seems reasonable - at least in terms of the insanity that is Major League Baseball.<br /><br />On the other hand, Pujols, who has had chronic elbow problems the past few years, is 31 years old. At the end of that contract he&#x27;ll be 41. The next couple years should be the most productive of Pujols&#x27; career. Unless he is an anomaly like Barry Bonds, his production will tail off, maybe markedly, after age 35.<br /><br />The bottom line, which is what we are talking about, is that Pujols&#x27; will likely be vastly overpaid for half the contract.<br /><br />And, let&#x27;s look at the numbers.<br /><br />At $27.5 million, Pujols will cash a check for $528,846.15 every week.<br /><br />I&#x27;m sure he&#x27;s got a hefty appetite, but that will buy a lot of groceries.<br /><br />If you&#x27;re interested, that $27.5 million contract breaks down to $169,753.08 per game.<br /><br />The reality of that is staggering. Consider for a moment the plight of a person who earns a post-graduate degree and enters the workforce at age 26. Let&#x27;s say that person makes $100,000 per year for 40 years - that&#x27;s a total of $4 million, roughly two months work for Pujols.<br /><br />In the short term, it seems like the Cardinals have to meet Pujols&#x27; demands. A player of Pujols&#x27; caliber can lift a team from being contenders, to being champions. However, tying up that kind of money for 10 years will hamper the team&#x27;s ability to sign Adam Wainwright, Yadier Molina and Colby Rasmus in the next few years.<br /><br />This isn&#x27;t basketball where a single superstar can put a team on his/her back.<br /><br />If the Cardinals let Pujols walk, it won&#x27;t be a popular move.<br /><br />Baseball and St. Louis have survived this situation before - Enos Slaughter, Ken Boyer, Curt Flood, Steve Carlton, Dan Haren and others were all traded.<br /><br />St. Louis fans have heaped adulation on Pujols for years. The Cardinals have already made him fabulously wealthy.<br /><br />I&#x27;m certainly not in his position, but at some point, after say $10-11 million a year, doesn&#x27;t the number of millions really become irrelevant? At some point, after say $10-11 million a year, doesn&#x27;t this become a matter of greed and ego?<br /><br />If Pujols goes, I won&#x27;t lose any sleep over it.<br /><br />If Pujols sticks by his demands and the Cardinals meet them, I&#x27;ll watch the team, but I will have lost some respect for the man. I&#x27;m sure Pujols won&#x27;t lose any sleep over that.<br /><br />http://www.thesouthern.com/sports/baseball/article_5d3ec7d4-3970-11e0-bc60-001cc4c03286.html<br /><br />... &#x5b;&#xa0;<a href="/blogentry/51521">More</a>&#xa0;&#x5d;</p>]]></description>
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