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Around SBN: Explaining Jeremy Lin's Early, Surprising Success

The Richest Player In Baseball?

Yeah, he used to play for the Mariners, but it's probably not the guy you're thinking of. Unless you're really good at trick questions, I guess. Or you beat me to the article, in which case, get a life, loser. Anyway:

VERO BEACH, Fla. (AP) -- Matt White, a journeyman pitcher trying to make the Los Angeles Dodgers, could become baseball's first billionaire player.
...
White, who has appeared in seven big league games in nine professional seasons, paid $50,000 three years ago to buy 50 acres of land from an elderly aunt who needed the money to pay for a nursing home.

While clearing out a couple acres to build a home, he discovered stone ledges in the ground, prompting him to have the property surveyed.

A geologist estimated there were 24 million tons of the stone on his land. The stone is being sold for upward of $100 per ton, meaning there's well over $2 billion worth of material used for sidewalks, patios and the like.

In case you were curious, White has all of 9.2 Major League innings under his belt, during which he's allowed 25 baserunners and 18 runs. So it's ironic that they only possible way he could crack an ML roster is if he were to buy a franchise, re-name it the Matt Whites, and stock the roster with himself, that other Matt White who came up with the D-Rays, Matt Whiteside, and whichever players remained from the original team after he booted a bunch of guys for making fun of his roundabout path to the big leagues. As far as serendipitous investments are concerned, this one's right up there with Bret Boone and whoever manages the Beastie Boys. These rock quarries are like $50,000 lottery tickets! Geological surveying is the new black.

I can't wait to see what effect this has on Matt White's future contract negotations should he ever become a moderately valuable player. Which, of course, he won't, so my imagination's dealing strictly in the realm of the hypothetical, but I have to think it'd be a pretty big story if an arbitrator ruled against White and decreed that he must pay his employer a seven-figure salary.

Given that White is, for all intents and purposes, capable of paying his own way from now until the year ninefinity, Jeffrey Loria has to be all over this.

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I wonder
what this might do to A-Rods contract if he goes for a new contract next off season.

Seriously, it would cool to see what he will do to the minor league club house.

by mark s @ Lookout Landing on Feb 28, 2007 9:19 PM PST reply actions  

No screw him
The guy has already accomplished one of my dreams by pitching in the majors.  Now he's accomplished another by buying mineral-rich land in the countryside then moving to LA and doing lines off a model's ass.  

At least he hasn't walked on the moon.  Yet.

by Trev on Mar 1, 2007 6:36 AM PST up reply actions  

The luckiest billionaire ever
Major leaguer and happens to buy land w. 24 million tons of stone. Is that normal for land to have so much stone under it?

by phil333 on Mar 1, 2007 3:47 PM PST reply actions  

I'd imagine not
Cause then we would all be billionaires.

by Robert on Mar 1, 2007 3:56 PM PST up reply actions  

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