The Detroit Tigers announced triple crown winner Miguel Cabrera's new contract today, and it's a doozy: Cabrera will earn a major-league record $292 million over the next 10 years. How are you doing on your retirement savings, by the way?
Ignoring baseball's many caveats (Cabrera stays healthy, continues producing at a high level for the Tigers, doesn't pine away without Prince, etc.), the All-Star third baseman will earn more than $43,000 per plate appearance. Fun fact: The average annual U.S. wage in 2012 was $42,498, and Cabrera will earn at least $500 more than that each time he picks up a bat and heads for home plate.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
Princess cake: 'sexy' Swedish dessert has a momentThe Week Recommends The retro layered cake is selling fast in bakeries and hip restaurants around the world
-
Pros and cons of a wealth taxPros and Cons Raising revenue and tackling inequality vs. the risk of capital flight and reduced competitiveness
-
The best film prequels of all timeThe Week Recommends Balancing new information with what the audience already knows is a perilous tightrope
-
Nobody seems surprised Wagner's Prigozhin died under suspicious circumstancesSpeed Read
-
Western mountain climbers allegedly left Pakistani porter to die on K2Speed Read
-
'Circular saw blades' divide controversial Rio Grande buoys installed by Texas governorSpeed Read
-
Los Angeles city workers stage 1-day walkout over labor conditionsSpeed Read
-
Mega Millions jackpot climbs to an estimated $1.55 billionSpeed Read
-
Bangladesh dealing with worst dengue fever outbreak on recordSpeed Read
-
Glacial outburst flooding in Juneau destroys homesSpeed Read
-
Scotland seeking 'monster hunters' to search for fabled Loch Ness creatureSpeed Read
