Sport: Preposterous Pay

If future historians ever try to pinpoint the time when sport pay scales turned preposterous, they may well pick last week. In three cities money was being tossed about like so much confetti:

> In Santos, Brazil, Soccer King Pelé, 34, was huddling with the general manager of the New York Cosmos of the North American Soccer League to discuss an offer that Pelé described as. "the sky, the earth and the stars." In cash terms that meant a $5 million to $6 million invitation to come out of retirement to play for the Cosmos for three years and give pro soccer...

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!