Baseball for the Thinking Fan

Login | Register | Feedback

btf_logo

News

All News | Prime News

Old-School Newsstand


Contributors

Jim Furtado
Founder & Publisher
Repoz
Editor - Baseball Primer

Syndicate

Money Newsbeat

Thursday, February 19, 2015

Arizona Republic: Diamondbacks Ink Billion Dollar TV Deal

MLB is awash in dough:

The Diamondbacks became the latest team to cash in on baseball’s exploding local television market, agreeing to remain with Fox Sports Arizona under a contract that’s believed to be worth in excess of $1 billion. Sources would not provide details of the agreement, such as specific financial terms or even the length of the contract, but there are indications the deal is in line with expectations based on previous comments from club officials.

For months, team officials have said the club was discussing 15- and 20-year contracts and that a new deal would at least triple the annual value of the team’s previous agreement, which was set to run through this season. The previous deal is reportedly worth $31 million annually, which means even a 15-year deal would be valued at close to $1.4 billion if the club takes in three times as much per year.  .  . Nearly a third of major league teams have signed deals worth more than $1 billion since the Texas Rangers agreed to a 20-year, $1.7 billion deal in 2010.

 

The Yankee Clapper Posted: February 19, 2015 at 12:33 AM | 16 comment(s)
  Beats: arizona diamondbacks, money, tv rights

Monday, February 16, 2015

ESPN: Maier’s Glove Is Up For Auction

Unique memorabilia opportunity:

The glove Jeffrey Maier used to catch Derek Jeter’s tying home run against Baltimore in the eighth inning of the 1996 American League Championship Series opener at the original Yankee Stadium will be auctioned. Heritage Auctions said Monday the glove will be put up for bids on Saturday in New York. The company did not identify the current owner, who it said had purchased the glove from Maier.

 

 


Tuesday, February 10, 2015

Washington Post: Appeal To Reverse Antitrust Rule Is A Desperate Swing For The Fences

A look at San Jose’s appeal to the Supreme Court, touching on the history of MLB’s anti-trust exemption, as well as the baseball background of some of the current Justices:

Justice Sonia Sotomayor is famously a Yankees fan — “You can’t grow up in the South Bronx without knowing about baseball,” she once said — who has thrown out the first pitch at a game and had the team bring the World Series trophy to her Supreme Court chambers. For her Christmas present this past year, Sotomayor’s younger brother Juan commissioned a painting of three Latino former Yankees — Bernie Williams, Jorge Posada and Mariano Rivera.

But the other justices may be pikers compared with Justice Samuel A. Alito Jr., a diehard devotee of the Philadelphia Phillies. In a two-part (!) interview with a Philadelphia Daily News sportswriter in 2010, Alito displayed an encyclopedic knowledge of his team and remembered how Breyer had arranged for the team’s mascot, the Phillie Phanatic, to show up for Alito’s welcome dinner to the Supreme Court.

When Alito was 44, his wife sent him to Phillies Dream Week, the training camp for aging fans, where he turned a double-play and received the award as best fielder. “By the end of the week every single person there, I think without exception, had pulled his hamstring,” Alito said.

Justices posting at BBTF? Probably none.


Wednesday, February 04, 2015

ESPN: Manfred Predicts Resolution Of MASN Dispute

How long did Jarndyce v. Jarndyce take?

“I’m not going to say a lot about MASN because it is in litigation,” said Manfred, who took over from Bud Selig on Jan. 25. “I will say this much. I think in reasonably short order, there will be a resolution of MASN, either by the litigation being done or some other mechanism.”

When the teams couldn’t agree on what the Nats’ rights fees should be, they appeared before MLB’s Revenue Sharing Definitions Committee: Pittsburgh Pirates president Frank Coonelly, New York Mets chief operating officer Jeff Wilpon and Tampa Bay Rays principal owner Stuart Sternberg.

The committee ruled last June 30 that MASN should pay the Nationals about $298 million from 2012-16, an average of just under $60 million—or approximately $20 million a year more than the current rights fee. When MASN didn’t comply with the arbitration award, the Nationals attempted to end the rights agreement.


Friday, January 16, 2015

Appeals Court Rejects San Jose’s Anti-Trust Suit Against MLB

In a unanimous ruling, the 9th U.S. Circuit Court of Appeals rejected San Jose’s claims that baseball’s refusal to allow the A’s to move to a downtown ballpark violates federal antitrust laws. The appeals court concluded that baseball’s nearly century-old exemption from antitrust laws forecloses San Jose’s legal case.

“Like Casey,” 9th Circuit Judge Alex Kozinski wrote, “San Jose has struck out here.”

San Jose says it will appeal to the Supreme Court.


Friday, December 05, 2014

NY Post: Is Jeter Gearing Up To Buy The Marlins?

Jeter has declared repeatedly for quite a while now he intends to own a baseball team someday .  .  . He even told reporters in June he intended to reach out to team owners upon the season’s (and his playing career’s) conclusion. And if you want to bet which team he’ll eventually own? You won’t find a safer wager than the Marlins.

The Marlins said Jeter simply stopped by because he happened to be in town, and maybe that’s all it was — for now. Jeter figures to approach his goal smoothly and deliberately, and there’s only upside by spending some time with Marlins owner (and huge Yankees fan and George Steinbrenner admirer) Jeffrey Loria.

The 74-year-old Loria made the industry’s biggest splash of this offseason when he committed $325 million over 13 years to his stud outfielder Giancarlo Stanton. .  .  . Yet the Stanton contract’s dramatically backloaded structure, with modest payments of $6.5 million, $9 million and $14.5 million coming from 2015 through 2017, just raises more questions about the franchise’s future. Will Loria try to cash out now that he has stabilized the situation in the wake of the 2012 trades of Mark Buehrle, Hanley Ramirez and Jose Reyes? The Manhattan resident has long denied the notion he’ll be selling anytime soon. Yet industry speculation persists because the multiple times Loria has shot himself in the foot with rebuilds, manager changes and strikingly low payrolls — and most of all the public funding he secured for his new ballpark.
.  .  .
Enter Jeter, whose representative Casey Close didn’t respond to a request for comment. He lives in Tampa, a short flight (or approximately four-hour drive) away, and he sure seems to enjoy Miami, based on repeated Page Six sightings there. Purchasing the Marlins, unlike the Rays right in his backyard, would keep him out of direct competition with the Yankees.
.  .  .
He needs to put together a consortium that would in turn appoint him as the control person. He surely knows this already, and it isn’t outrageous to think that Jeter, based on his income not only from the Yankees but also from his endorsement deals, could chip in a sizeable portion himself. Maybe $100 million?

Major League Baseball folks naturally would be thrilled to welcome Jeter into the ownership fold, and all the more so into a sad-sack market like Miami.
Now, the simplest solution doesn’t always become reality. Maybe Loria and his controversial team president David Samson will hang on for the long haul. Maybe Jeter will be wooed by another ownership shift. How about he takes over the A’s and finally moves them out of the O.co Coliseum, even though that’s where he made his Flip Play?

Probably better than putting your money into video games.


Tuesday, November 04, 2014

Money talks: The postseason share

n the autumn of 2007, Amanda Coolbaugh was dealing with the tragic loss of her husband, Mike, who had been killed that July when a line drive struck him in the head while he was coaching first base for the Colorado Rockies’ Double-A affiliate in Tulsa. She had two young sons, ages 5 and 4, and she was eight months pregnant. So as the baseball season was winding down, she was struggling. How would she be able to raise her children? How would she pay for their college educations? How would she pay for their health insurance?

“When Mike was killed, his paycheck was instantly gone,” she says.

And then Amanda received a phone call from a reporter who told her that the Rockies had voted her a full share of their postseason earnings. Colorado played in the World Series that year. A full postseason share wound up to be $255,000.

“I still don’t even know how to put it into words,” she says of her reaction…..

The distribution of postseason shares is determined at a players-only meeting held near the end of the season. The more shares players distribute, the less each is worth. Thus, arguments over who gets what can be as rancorous as a Congressional budget battle.

“You would be surprised at the s—- you hear at those meetings,” says former Oakland (now Boston) hitting coach Chili Davis.

“There were a few guys who got laid on the guillotine, to say the least. Just totally having their heads chopped off and getting nothing,” Van Slyke says. “A lot of it depended on what kind of guy you were and what kind of contribution you made to the team. ... So there were some heated discussions about who should get what and how much. We had one guy who had been traded to our team and really helped us down the stretch. And we gave him a full share. Then there were other guys who were on the team and got traded to another contending team and we said, ‘Screw it. If they like him over there, they can give him whatever they want. But nothing from us.’”

RoyalsRetro (AG#1F) Posted: November 04, 2014 at 11:25 PM | 11 comment(s)
  Beats: mike coolbaugh, money, post-season, post-season share

 

 

BBTF Partner

Support BBTF

donate

Thanks to
dirk
for his generous support.

Bookmarks

You must be logged in to view your Bookmarks.

Hot Topics

NewsblogIn honor of the late Leonard Nimoy, the 'Vulcan changeup'
(3 - 10:08pm, Feb 28)
Last: Gonfalon Bubble

NewsblogAramis Ramirez plans to retire after 2015 season
(26 - 10:01pm, Feb 28)
Last: Dog on the sidewalk

NewsblogForbes: Chicago Cubs Valuation Hits $1.8 Billion In Minority Sale Of Team
(10 - 9:39pm, Feb 28)
Last: odds are meatwad is drunk

NewsblogOT: Monthly NBA Thread - February 2015
(1194 - 9:37pm, Feb 28)
Last: Quaker

NewsblogYankees confident they can avoid paying A-Rod milestone bonuses - CBSSports.com
(52 - 9:17pm, Feb 28)
Last: Walt Davis

NewsblogMLBTR: Mets Not Expected To Talk Extension With Daniel Murphy
(14 - 9:07pm, Feb 28)
Last: AJMcCringleberry

NewsblogJuan Pierre officially announces his retirement
(52 - 9:03pm, Feb 28)
Last: Bull Pain

NewsblogSale fractures right foot in accident at home | MLB.com
(16 - 9:02pm, Feb 28)
Last: Dale Sams

NewsblogArizona Diamondbacks' Yasmany Tomas goes to work at third base
(8 - 8:46pm, Feb 28)
Last: Jose Canusee

NewsblogAJC: Braves center fielder Upton (foot) likely out at least 2 months
(22 - 8:20pm, Feb 28)
Last: Pasta-diving Jeter (jmac66)

NewsblogOT - Politics - February 2015: At This Party, You’d Better Keep It Down. Arizona Sheriff Known for Toughness Is Allowing Inmates to Watch the Super Bowl
(3537 - 7:40pm, Feb 28)
Last: bobm

Newsblog‘Tres Amigos’ lead new-look Red Sox’s scary offensive dynamo | New York Post
(26 - 7:05pm, Feb 28)
Last: The Yankee Clapper

NewsblogDodgers going organic this season
(28 - 6:33pm, Feb 28)
Last: Swedish Chef

NewsblogBraves insist it's a 'remodeling,' not a 'rebuilding'
(31 - 5:29pm, Feb 28)
Last: Walt Davis

Newsblog2015-16 MLB International Bonus Pools - BaseballAmerica.com
(4 - 4:55pm, Feb 28)
Last: The Yankee Clapper

Page rendered in 1.1577 seconds
77 querie(s) executed