Baseball for the Thinking Fan

Login | Register | Feedback

btf_logo
You are here > Home > Baseball Newsstand > Baseball Primer Newsblog > Discussion
Baseball Primer Newsblog
— The Best News Links from the Baseball Newsstand

Monday, December 08, 2008

Shakin: More boom or recession for baseball?

Reporting from Las Vegas—It’s the symbolism, stupid.

As Americans lose their jobs and homes at a frequency unseen in decades, baseball convenes Monday for its annual holiday shopping spree in Las Vegas.

The setting, according to the hotel website: “Contentment and opulence are the hallmarks of your Bellagio hotel luxury experience.” The pitch, according to baseball executives from the commissioner on down: Believe us, times are tough.

The retort is the same one Congress used on the auto executives that flew to Washington in private jets: It’s hard to believe you amid all that luxury.

It’s not the economy. It’s the symbolism.

The General Motors boss could have walked to Washington, and his company still would be suffering. Baseball could hold the winter meetings in a dorm at UNLV, and the Angels still could make Mark Teixeira a millionaire 150 times over.

Teixeira hasn’t signed. Neither has CC Sabathia, or Manny Ramirez, or Francisco Rodriguez, or Rafael Furcal, or more than 150 other free agents.

Yet any evidence that the economy is dampening salaries appears strictly anecdotal, at least so far.

Tripon Posted: December 08, 2008 at 01:48 AM | 9 comment(s) | Login to Bookmark
  Related News: General

Reader Comments and Retorts

Go to end of page

Statements posted here are those of our readers and do not represent the BaseballThinkFactory. Names are provided by the poster and are not verified. We ask that posters follow our submission policy. Please report any inappropriate comments.

Page 1 of 1 pages
   1. BeanoCook Posted: December 08, 2008 at 02:08 AM (#3022575)
Yet any evidence that the economy is dampening salaries appears strictly anecdotal, at least so far.


This clown obviously hasn't heard that CC was offered a pittance by the Yankees. In any other year, CC would be raking in 10-yr $300 million. Times are very tough indeed.
   2. Vaux, A.B.D. Posted: December 08, 2008 at 03:12 AM (#3022617)
When I read #1, I thought it was somebody parodying Beano.
   3. BeanoCook Posted: December 08, 2008 at 03:33 AM (#3022632)
When I read #1, I thought it was somebody parodying Beano.


I figured I would have fun with my CC contract predictions. I started making my predictions in July and Aug, well before the financial system went into full, unprecedented meltdown. That shaved several dozen million off CCs contract.
   4. Vaux, A.B.D. Posted: December 08, 2008 at 03:58 AM (#3022643)
I think it probably did. I certainly expected him to get at least $200 million. He still may, though; it's only the beginning of December, and if the Angels offer him $140 million, which they certainly could, the Yankees might blow them out.
   5. The Kids Are Enright (1k5v3L) Posted: December 08, 2008 at 04:11 AM (#3022647)
I don't doubt CC will still get several brazillion dollars
   6. J. Michael Neal Posted: December 08, 2008 at 05:09 AM (#3022664)
I don't doubt CC will still get several brazillion dollars


There's are only man boobs. He'll just put on a t-shirt.
   7. jyjjy Posted: December 08, 2008 at 08:40 AM (#3022702)
I don't understand how the economic meltdown would have a negative effect on baseball salaries. Historically entertainment industries including sports have been immune or even helped by overall economic troubles as people look for distraction from their problems.
Honestly this seems a bit like a handy excuse for the owners to have another go at salary collusion.
   8. BeanoCook Posted: December 08, 2008 at 08:52 AM (#3022705)
I don't understand how the economic meltdown would have a negative effect on baseball salaries.


Well I can say that a typical baseball team can operate at a loss by drawing off of lines of credit. The bet here is that few teams want to even attempt to run into the red in 2009 for fear there will be no line of credit there and the owners would have to put up even more cash into the operation if a bank isn't willing to finance the losses.

If credit were as easy as it was in 2005, CC would certainly have several more teams willing to dance at 5/140.
   9. Steve Parris, Je t'aime (M. Valentin) Posted: December 08, 2008 at 11:30 AM (#3022713)
Historically entertainment industries including sports have been immune or even helped by overall economic troubles as people look for distraction from their problems.

The cost of attending games has outpaced inflation for some time. It will be much more expensive to go to a ball game in 2009 than it was (in real dollars) in prior recessions. Plus, I would think that luxury boxes, which have become a much bigger source of club income, will be harder to sell as businesses cut down on entertainment costs.
Page 1 of 1 pages

You must be Registered and Logged In to post comments.

 

 

<< Back to main

Support BBTF

donate

Thanks to
Guts
for his generous support.

Bookmarks

You must be logged in to view your Bookmarks.

Hot Topics

NewsblogSources: Cubs’ Starlin Castro Accused Of Sexual Assault
(5769 - 3:42pm, Feb 09)
Last: CrosbyBird

NewsblogNY Daily News: Brian Cashman's accused stalker says Yankees GM misled feds on steroid probe
(35 - 3:41pm, Feb 09)
Last: chris h. is a member of Team Keefe!

NewsblogWHYGAV: Burnett to Pirates a Good Idea?
(2 - 3:41pm, Feb 09)
Last: DL from MN

NewsblogRICH HARDEN TO MISS 2012 DUE TO SHOULDER SURGERY
(7 - 3:40pm, Feb 09)
Last: outl13r

NewsblogFangraphs: Cameron: The 10 Worst Transactions Of The Winter
(76 - 3:38pm, Feb 09)
Last: JPWF1313

NewsblogOil Can Boyd says he used cocaine with Red Sox
(40 - 3:36pm, Feb 09)
Last: chris h. is a member of Team Keefe!

NewsblogThe Book Blog: MGL: Today on Clubhouse Confidential
(51 - 3:36pm, Feb 09)
Last: AROM

NewsblogStrange Times in Baseball: 1891-1895
(2 - 3:29pm, Feb 09)
Last: Der_K is getting more dogmatic.

NewsblogOT: NBA Monthly Thread, February 2012
(350 - 3:14pm, Feb 09)
Last: Der_K is getting more dogmatic.

NewsblogESPN: Law: Top 100 Prospects (paywalled)
(2 - 3:02pm, Feb 09)
Last: RoyalsRetro (AG#1F)

Newsblog'Duk: Tim Lincecum slims down with swim routine, loses appetite for McDonald’s
(270 - 2:53pm, Feb 09)
Last: phredbird

NewsblogJustice: 5 things that could make the 2012 season a successful one for the Astros
(22 - 2:47pm, Feb 09)
Last: snapper (history's 42nd greatest monster)

NewsblogPrimer Dugout (and link of the day) 2-9-2012
(17 - 2:45pm, Feb 09)
Last: A One-Shoed Craig K

NewsblogNYT: Alderson Remakes Needy Mets From Bottom Line Up
(17 - 2:44pm, Feb 09)
Last: billyshears

Transaction Oracle2012 ZiPS Projections - Texas Rangers
(17 - 2:37pm, Feb 09)
Last: robinred

Buy MLB playoff tickets, plus 2011 World Series, 2011 ALCS tickets and NLCS game tickets. We also have Texas Rangers playoff schedule, tickets to Red Sox games and Yankees game tickets. Plus, buy Phillies baseball tickets, Tigers playoff tickets and the biggies like ALDS baseball tickets and 2011 NLDS tickets.

Demarini, Easton and TPX Baseball Bats

 

 

 

AllianceTickets.com has cheap MLB Tickets. Get all your Colorado Rockies Tickets, Seattle Mariners Tickets, San Francisco Giants Tickets and all your favorite baseball tickets here. We also carry cheap Denver Broncos Tickets, Seattle Seahawks Tickets and Denver Nuggets Tickets.

Page rendered in 0.2944 seconds
40 querie(s) executed