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Thursday, May 21, 2015

Survey: Athletes making $17.94 billion on 333 top teams

Baseball players are paid too much! Argle-bargle!

But it’s the NBA that has the highest average per-player salary. At $4.6 million, the NBA ranks just ahead of India’s IPL cricket ($4.3 million) and MLB ($4.2 million).

The top three NBA teams are the Brooklyn Nets ($6.2 million per player), New York Knicks ($5.9 million) and Los Angeles Clippers ($5.3 million). The Los Angeles Dodgers ($8.0 million) lead baseball and the Royal Challengers Bangalore ($4.5 million) head the IPL list. Wondering how NFL teams fare? The football team with the highest average salary, the Miami Dolphins ($2.3 million), doesn’t crack the list until No. 124.

The survey reveals which teams spend the most on their players, including an analysis of 333 teams in 17 major pro leagues, covering seven sports, 13 countries and 9,731 athletes who are making a combined $17.94 billion.

Some of those big spenders have help. Abu Dhabi’s International Petroleum Investment Company (IPIC), for example, sponsors Real Madrid. Billionaire Sheikh Mansour owns Manchester City, which held the top spot in the survey the previous two years. Mansour is a member of Abu Dhabi’s royal family, the deputy prime minister of the United Arab Emirates and a man whose wealth is derived from oil. Mansour also co-owns, with the Steinbrenner family (the Yankees’ principal owners), the newly minted MLS franchise New York City Football Club—so baseball royalty meets actual royalty.

The amount of wealth in the sports landscape can be staggering. The Yankees are spending an average of $7.3 million per player—yet dropped from second to ninth on the overall list this year.

 

RoyalsRetro (AG#1F) Posted: May 21, 2015 at 10:16 AM | 2 comment(s)
  Beats: athletes, dodgers, money, nfl, salaries, soccer, yankees

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.


 

 

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