The Author’s Personal Debt Compared to Various Baseball-Related Dollar Amounts
The following table documents the author’s present debt, broken down by category:
| Credit Cards | $11,076.11 |
| School Loans | $63,821.12 |
| Other Loans/Personal | $13,350.00 |
| Total | $88,247.23 |
I would be willing to play Major League Baseball in 2013 at the minimum salary in order to pay off this debt, but let’s assume I am lazy and that I would “retire” as soon this debt was paid off. How long would I have to play in order to do this?
The minimum Major League salary was $480,000 in 2012. My total debt — let’s round it up to $90,000 for any interest that might accrue — is about 18.75% of that salary. If we translate that to Games, it’s only about 31 games, so I should be able to retire from baseball in early May 2013. That sounds pretty good. I could be the fifth starting pitcher for some team and I might not even have to play at all if the April off days align just right. If, by chance, a fifth starter was needed, I would have a knuckleball ready, or I would dance a rain dance, or I would just kill myself, in which case the team could collect insurance, maybe, and my debt would vanish so it’d be win-win!








