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by zjs
1893 days ago
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Related: the idea of income pooling schemes amongst baseball players. "Income pooling is a concept for up and coming baseball players who would come together and contractually agree to contribute a small portion of their future earnings to the shared group. As their careers progress, even if only one person from that pool “makes it big,” everyone in that pool would receive a certain percentage of the income, thus creating a safety net for the rest of the players, ..." ([Forbes]) "Nobody has to pay a cent until they've made it to the majors and they've made $1.6 million. Then that guy has to kick 10% of his salary back to his pool mates." ([NPR]) [Forbes]:https://www.forbes.com/sites/igorbosilkovski/2020/06/26/meet... [NPR]:https://www.npr.org/2019/10/25/773532516/some-baseball-playe... |
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