Circuit City announced they are pulling the plug. More than 35,000 employees will be out of work. It’s the latest slap in the face to a fragile U.S. economy.
And what’s this have to do with the baseball Hot Stove? A lot.
There is a seismic shift taking place in the baseball industry. Budgets are constricting, teams are thinking twice about free agents, and the free agents: they are defiant, turning down offers and holding out. The player-agent strategy is: Be patient and a more lucrative offer will come … eventually.