Red Sox’s Owner Fined $500,000

Do you have half a million dollars to throw away? Well Bud Selig (MLB Commissioner) figured that Red Sox principal owner John Henry did and fined him $500,000 for slamming the leagues revenue sharing. Different owners referred to the current system as “welfare.”

John Henry, in an interview on The Big Show, said that he was fined $500,000 by Major League Baseball for comments that he made about the sport’s current financial system. In late-2009, Henry told the Boston Globe that “seven chronically uncompetitive teams, five of whom have had baseball’s highest operating profits,” had received over $1 billion in revenue sharing money.

Does that seem like alot of money to you? Sure it is, but Bud Selig has to keep everything running smoothly. The only way to stop these comments is to hurt these owners where it hurts, the pocket book.

I think other sports should start handing out these big fines to keep order, the NFL has starting going this way.