Your cable bill—$80 or $90, or whatever it is—is best understood as two prices. The programming (i.e. the channels you watch) and the distribution (i.e. the infrastructure and profits for the cable companies). Every time you pay a cable bill, the channels collect a small fee. It’s called an “affiliate fee.” The most in-demand channels tend to negotiate the highest fees. And those tend to be sports channels. Take a look.

Read More...By my rough calculation, if you pay $90 a month for cable, you are ...
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1. JE (Jason Epstein)EDIT: Hmmm, is anyone having difficulty posting a comment at AG's other submission, Sherman's A-Rod column?
I would think there's a declining marginal value of extra payroll. After all there are only so many roster and lineup spots, and so many FAs available. e.g. you can't sign really good players to be on the bench, they won't do it.
The value of going from $70M to $100M in payroll is probably much higher than going from $170M to $200M, or $200M to $230M, even with the luxury tax.
I am and it's really annoying because I want to post this joke! So I'll do it here ...
How about ... Greece to the Dodgers? Sure the economy is on the rocks and they've already got Tommy LaSorda playing the position of ancient Meditteranean country but the EU is desperate to unload the underperforming Hellenic former star so the Dodgers wouldn't have to give up much. Jon Heyman reports that Greece has already passed through waivers so there's nothing holding up the deal from that end. Sure, the Dodgers would be taking a risk as Greece's wOBL is currently at 1.239 but they are only three years removed from posting a 139 GDP+.
I like it!
Yeah, but those at the top are Yanks and Red Sox. How much does it help the Royals if this also means that the White Sox move from $100 to $130 and the Tigers from $120 to $150. A rising tide lifts all boats and that still leaves the Royals below the water line.
Anyway, I'm sure there is a bigger marginal effect at lower payroll levels but it is likely a marginal effect. The Royals were a $70 M payroll in a world where the median was about $85 and the average about $100 (quick guesstimate). Now they'll be a $90-100 M payroll in a world where the median will be about $105-110 and average about $120. It helps but it's not going to be life-changing.
As I put this together with some of our recent discussions about how the Red Sox have nobody to spend the money on because all the good young'uns are tied up, often on pretty friendly terms ... it seems like the agents/players may have really misplayed this. The superstars who would be driving up salaries in response to all this extra revenue are already locked up for the next 4 years or so. It should be great news for Swisher but McCutchen's deal looks positively obscene now. The profits for the owners are about to go through the roof I think and rather little of this extra revenue is going to the players.
Would love to give you the rim shot you so clearly desire, but I had to go take a leak before you got around to finishing the joke...
Dude, my entire life is a joke that's been running for 50 years. If you've got no attention span, I just ain't your kinda comic.
It still should help the Royals more. The first thing you spend money on when you get a decent payroll is looking up you pre-arb/arb stars at a discount. That is an incredibly good use of money. The White Sox and Tigers already make that expenditure.
All true but what's forgotten in the discussion here so far, and what I think Rany is railing against, is that that whole discussion is academic, because in all likelihood the Royals are not going to raise their payroll to $100m. Hence 'money comes in, excuses go out'.
Yeah, probably. But I'm saying the extra $30 M helps the Royals by $30 M while it only helps the Tigers by $20-25 M ... doesn't close the gap very much. It's not like the Royals go up by $30 M and everybody else stays the same. I'm just saying this $30 M does not make the Royals _substantially_ more competitive than they were because everybody has $30 M more. So as long as he gives me my cut, Glass might as well pocket it.
The first thing you spend money on when you get a decent payroll is looking up you pre-arb/arb stars at a discount. That is an incredibly good use of money. The White Sox and Tigers already make that expenditure.
This is a good point but the Royals have already done this -- Gordon, Perez, Butler, Escobar are already tied up. They might want to add Moose Tacos and a couple of young relievers to that list, probably want to wait on Hosmer. But these guys are generally so young (and so cheap) that they won't be costing anything for another 2-3 years so there aren't any young'uns for them to spend this $30 M on until then.
And, as it turns out, in this particular case the Tigers are perfectly positioned to use their money as you describe -- Avila, Jackson and Fister (and Boesch) are first-time arb-eligible this year and haven't been bought out yet. Even if they don't buy them out -- including all their arb-eligibiles, the Tigers have $45 M coming off the books. My guesstimate is that this $30 M should pretty much ocver their arb-eligible bill for next year, giving the Tigers the full $45 M to play with in the FA market.
The White Sox almost never have good young players so they haven't really done this. :-) I kid, a couple of the pitchers are entering their more expensive buyout years. Their main (and only) target now is Sale but he's 2 years away from arb so even if they buy him out, none of the $30 M will really be going to him anytime soon.
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