Essay
The table below lists salary and ?productivity? data for two Major League Baseball pitchers, Sandy Koufax and Clayton Kershaw. The players are not contemporaries; their careers were roughly a half-century apart. Nonetheless, each pitcher is/was considered the dominant pitcher of his era. Comparing productivity for Koufax?s 1963 season to Kershaw?s 2016 season, Koufax was more productive (in terms of wins, complete games, innings pitched and strikeouts), yet Kershaw?s salary was 126 times Koufax?s salary, adjusting for inflation. What is the most likely explanation for the salary differential between Koufax and Kershaw?
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