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August 17, 2009
Almost Half of Minor League Baseball Players are Cheap Foreign Labor The Wall Street Journal had a revealing story this weekend about the effects of the Compete Act, sponsored by Sen. Diane Feinstein. The bill lifted the cap on the number of baseball players who could come in. The results show the increased use of cheaper foreign players - 3,500 out of 8,500 minor league players in the U.S. are now brought in on visas. Foreign players brought in usually have miniscule signing bonuses - often $10,000 or less compared to $100,000 for U.S. born players. |
