Budgets exploding in Franchise
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Re: Budgets exploding in Franchise
I'm not exactly sure. 2 weeks I think
Yeah its the same with '19. You will always be able to re-sign expiring contracts in the offseason.I can't shave with my eyes closed, meaning each day I have to look at myself in the mirror and respect who I see.
I miss the old days of Operation Sports :(
Louisville Cardinals/St.Louis CardinalsComment
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Re: Budgets exploding in Franchise
This is absolutely 100% untrue. The largest contract the rays have ever signed was longoria's. And the only reason he took the money he did was because they still had arbitration control on him for a few more years and he would have lost money playing the long game. They have even said it's not financially viable to re-sign these players when they can either A) trade them for assets before they lose them or B) get a compensation pick for letting them walk. Baseball is really one of the last major sports that has no salary cap so your player salary budget is largely based on revenue earned. There are exceptions. San Diego is a poor team but is able to sign Manny Machado due to a new TV deal taking effect in a couple of years that accounts for the fact that San Diego is one of the fastest growing media markets in the country, and has several large scale telecom corporations that call the area home (cooperate sponsorships). If the pirates or rays were willing to cough up 350 mil they could have had either, unfortunately that is not a reality for those teams based on revenue they generate
All that being said, the TV ratings for the team are some of the highest in the league, but the current tv deal is pennies compared to the new deal that is supposed to be wrapped up. Once that is done and the stadium situation, which now looks like it will be in St Pete unfortunately, is settled you will likely see more corporate sponsorship dollars and more gate revenue and you will likely see more dollars spent from ownership. However, we now seem to have another core of young players that we can sign to extensions for another run of success like we started back in 2008.Comment
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Re: Budgets exploding in Franchise
Rays are on the verge of completing a new tv deal worth over $1bn. Attendance sucks, but the park is in a **** area so people don’t really want to go. There isn’t much retail biz around the park either, so there is nothing to draw the community to it. You also have a red-*** Pinellas county commissioners setup and a succession of Mayors in St Pete that have been notoriously obnoxious towards ownership.
All that being said, the TV ratings for the team are some of the highest in the league, but the current tv deal is pennies compared to the new deal that is supposed to be wrapped up. Once that is done and the stadium situation, which now looks like it will be in St Pete unfortunately, is settled you will likely see more corporate sponsorship dollars and more gate revenue and you will likely see more dollars spent from ownership. However, we now seem to have another core of young players that we can sign to extensions for another run of success like we started back in 2008.
Florida also has the destinction of being a transient state. A lot of people who move their come from cold weather states that already have allegiances to other teamsComment
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Re: Budgets exploding in Franchise
Rays are on the verge of completing a new tv deal worth over $1bn. Attendance sucks, but the park is in a **** area so people don’t really want to go. There isn’t much retail biz around the park either, so there is nothing to draw the community to it. You also have a red-*** Pinellas county commissioners setup and a succession of Mayors in St Pete that have been notoriously obnoxious towards ownership.
All that being said, the TV ratings for the team are some of the highest in the league, but the current tv deal is pennies compared to the new deal that is supposed to be wrapped up. Once that is done and the stadium situation, which now looks like it will be in St Pete unfortunately, is settled you will likely see more corporate sponsorship dollars and more gate revenue and you will likely see more dollars spent from ownership. However, we now seem to have another core of young players that we can sign to extensions for another run of success like we started back in 2008.
It still remains to be seen whether the owners invest the extra cash in the team or pocket it. The general manager doesn't have access to the owner's bank account. He spends what the owner allows him to spend.
For some owners a MLB team is simply a business and if they can get a big tv deal with a low budget why increase the budget? Great example would be Phil Wrigley who rarely attended Cubs games and is the primary reason Wrigley Field still exists - he was too cheap to build a new ballpark.≡Comment
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