Zach Greinke and other star baseball players earn millions of dollars annually. These salaries are due to

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Quizplus · Accepted Answer

Greinke and other star players are able to earn such high salaries due to the basic principles of supply and demand in the labor market for baseball players. The demand for these players is high due to their exceptional skill and ability to generate revenue for their teams. As a result, teams are willing to pay top dollar to secure their services, which drives up player salaries. It is not necessarily due to the greed of the players or irrational behavior of team owners, but rather a function of the market forces at play. The demand for jobs in Major League Baseball may be high, but the key factor driving player salaries is the demand for their skills specifically.

Zach Greinke and Other Star Baseball Players Earn Millions of Dollars