Hell yes, this is true. If you ride the shuttle for three years, manage to stay on a roster for a few more, getting a couple arbitration awards, and then have your arm blow up and are out of baseball.... You're still set for life if you managed your money well.The risk of messing up your elbow is totally worth it to potentially play Major League Baseball. It’s as simple as that. This isn’t like CTE and football. It’s not really the end of the world if you shred your UCL, just means you have to go get a real job, which you will have to do anyway if you don’t keep up with the competition.
This isn't the 50's or even the 90's anymore. Anybody who manages to make an MLB roster makes more money every single year than most Americans accumulate in their lives.