In the discussions about salary and elsewhere, Beenthere has raised legitimate questions about how minor leaguers are compensated, and is it worth it. Without taking a position, it is important to note that the compensation is set by MLB. The players are not represented on the issue and have no say. Their skills are, in effect, sold to the owners of minor league franchises, some of whom are making very friendly financial returns on their investments...since they do not have to pay the salaries for those providing the main attraction. That is for another post and discussion.
My point with this post is to focus on the "is it worth it" question and to contrast my son's experience with 4 of his very best friends with whom he has been attached since all were 6 years old.(They are a group of overachievers in many respects.)
Friend #1: Graduate of an Ivy with honors, double major and 4 year starter in football. Currently employed with an investment banking firm where he works 300-350 hours per month, does mostly due diligence things and see this as nothing other than a learning period and stepping stone. Income:Well compensated. Goal: to stop working so many hours making partners rich. Passion: unclear/to move on and find something he loves.
Friend #2: Graduate of an Ivy with honors and also a football player. Currently in LA, unemployed with a dream of being a writer. Has 2 manuscripts he is passionate about but has been unsuccessful in getting accepted by anyone. Income:subsistence doing tutoring on a very part time basis. Passion: writing. Goal: to be published.
Friend #3: Graduate of an Ivy where he played football. Currently overseas getting a masters in international studies. Passion: Languages. Income:none. Goals: still unclear.
Friend #4: Graduate of an ACC school with honors. Currently in LA where he has taken a position with a commercial real estate brokerage. Hates his work because there is none. Is just cold calling and trying to develop contacts and leads. Passion: Unclear/unkown/confused. Income: minimal. Goal: to move on after obtaining some baseline experience.
Mine: Graduate of a very good DIII, just completed his second year of minor league ball making $1,150 during the season. Volunteer assistant for his college team during the Fall and now setting up a lesson program with local little league players until January. Passion: baseball. Goal:MLB. Income: $1,150 per month in season and per diems.
After putting the current lifestyles of these great young men into some context, it appears to me that the two who really have a passion(writing and baseball) are in similar situations where their future is uncertain but their passion unwavering. Compared to their peers, they are taking risks that their goals will never be met. But, on balance, I expect they will all be successful. Whether it will be in the fields currently chosen is a complete guess.
I do not however see that my son pursuing this baseball dream is putting him behind or creating risks he should not be taking. In contrast, I am so proud of him that he has a passion, dream and some talents that continue to mature and improve. I am proud beyond words that he will take this risk.
Original Post