Dow was up today, almost 150 points, after five consecutive days of sell-offs. Febrary 24th the DJIA closed at about 7350, today it closed at 6875. It's sad when that qualifies as good news, but I'm doing my part to be positive about the economy.
But for the really good news today -- at least for Dodger fans -- Manny Ramirez and the Dodgers have finally ended their nasty, ugly, drawn-out beyond all notions of reasonableness and good taste contract negotiation ordeal. Hallelujah.
Apparently, Ramirez will get the two year, $45 million deal the Dodgers offered back in December which Ramirez's agent, Scott Boras, then-dismissed as insulting. Having received no better offers from the SF Giants or any other team, it seems that Boras finally got over his repugnance at the meager offer and decided not to add his client to the ever-growing ranks of the unemployed.
I know the new tax increases under the Obama budget will chip away at Manny's salary, but I appreciate him taking the deal and putting this drama behind him. I know the Dodgers wanted to save some money -- we can all relate to that. But I'm pretty sure they'll likely make enough in sales of Manny wigs, t-shirts and other souvenirs and keeping the fans in those expensive seats to offset the price tag.
And a final good note for the day -- Happy Birthday to my most loyal reader.
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