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  #1  
Old 01-06-2014, 08:43 PM
helicopter11
 
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Very interesting however the 20000 dollars in 1920 would be about 250000 today. Would revenue for horse racing today compared to 90 years ago make Mucho Mach Mans 2.9 million he earned this year more or less impressive?.
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Old 01-07-2014, 12:46 AM
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Calzone Lord Calzone Lord is offline
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Originally Posted by helicopter11 View Post
Very interesting however the 20000 dollars in 1920 would be about 250000 today. Would revenue for horse racing today compared to 90 years ago make Mucho Mach Mans 2.9 million he earned this year more or less impressive?.
In those days, you had no revenue from simulcast wagering. No off-track betting. No ADW's. No on-track slot machines or table games to aid purses.

All of that stuff was extremely popular, but it happened in pool halls, between bookmakers and bettors who relied on telegraphs to know what the results were. They were everywhere, in virtually every city. Card games and slots machines exited in backrooms in virtually every city.

Technology should lead to more revenue, not stagnation.
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Old 01-07-2014, 12:54 AM
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Cannon Shell Cannon Shell is offline
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Baseball (and other sports) salaries were tightly controlled and artificially depressed until the advent of Free Agency brought about by Curt Flood's legal challenge of the reserve clause which tied a player to the team which held his rights forever.

Buckpasser was champion 2 yo in 1965, champion 3yo and horse of the year in 1966 and champion older horse in 1967. He earned $568,096 in 65, $669,078 in 66 and $224,840 in 67.

Willie Mays who was arguably the best baseball player in the mid 60's (from 1962-1966 he led the majors in WAR for position players) earned $90,000 in 1965, $105,000 in 1966 and $105,000 in 1967.
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Old 01-07-2014, 01:30 AM
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Buckpasser was champion 2 yo in 1965, champion 3yo and horse of the year in 1966 and champion older horse in 1967. He earned $568,096 in 65, $669,078 in 66 and $224,840 in 67.

Willie Mays who was arguably the best baseball player in the mid 60's (from 1962-1966 he led the majors in WAR for position players) earned $90,000 in 1965, $105,000 in 1966 and $105,000 in 1967.
Adjusted for inflation, Buckpasser earned in excess of $4.2 million for his 2yo season in 1965.

Mays earned 666k for his season that year.
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