José Conseco,then a major league baseball star who had just signed a very large contract,said,"I don't think it's what I'm worth.It's what the market holds,what the organizations are willing to pay a player." He was really talking about

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José Conseco was referring to economic rent, which is the extra amount paid to a factor of production (in this case, his talent as a baseball player) over what is necessary to keep it in its current use. His statement reflects that his salary is determined by the market's willingness to pay, rather than his intrinsic worth.

José Conseco,then a Major League Baseball Star Who Had Just