A Slave for US$ 200,00 Weekly

In my belief that the contract between sportsmen and their teams is based on freedom of exchange and association, I have stated here that Manchester united should accept an offer from Real Madrid soccer club in respect to Ronaldo. In addition to the belief in economic freedom, my thinking was that it is not wise to keep an obviously dissatisfied player in a team merely to make a point to competitors. The case was not complicated because Real Madrid realized that Manchester United would not let off their best player for at a small price. So the pundits had it that the offer for the club was upwards of £ 70 million with a weekly wage of nearly £ 200,000 for the player. the economics of it is clear and that is that the trade should be concluded.

This situation has not been helped by a comment by the Sepp Blatter suggesting that there is "too much modern slavery" in sport. Instead of seeing the obvious irony of a statement like this from a man who heads an organization that makes quite a ton of money every year from the industry for which it does not provide much, Ronaldo must have aggravated his club managers further by unequivocally agreeing with these sentiments. However, I disagree with both Ronaldo totally since his his wages and conditions of work, to which he is fully entitled show that this overstated. I add that it lies ill in Sepp Blatter's mouth to berate clubs for anything when he is at the same time proposing protectionist quarters to prevent the same European clubs from signing players outside that continent.

A person who preaches economic discrimination and tries to limit the rights to freedom of contract should be more humble here. In order to really understand the economics of the slave trade, he should check this book by William Fogel. In short, those conditions are not comparable as no slave was in a position to demand a trade to a better farm.