1971 is also the year sports salaries started increasing. Case in point, by 1989 salaries were around $27 million dollars for a good team in baseball. Today, you can't field a team for even $100 million while teams like the Yankees are able to spend to their heart's content.
In the NFL, Players like QB Patrick Mahomes cost teams $50 million while you could field a team for that price in the 1980s.
Meanwhile, overall salaries have stayed flat adjusted for inflation.
1971 is also the year sports salaries started increasing. Case in point, by 1989 salaries were around $27 million dollars for a good team in baseball. Today, you can't field a team for even $100 million while teams like the Yankees are able to spend to their heart's content.
In the NFL, Players like QB Patrick Mahomes cost teams $50 million while you could field a team for that price in the 1980s.
Meanwhile, overall salaries have stayed flat adjusted for inflation.