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Revenue Sharing Newsbeat

Saturday, March 26, 2016

Levine: ‘Unfair’ that Yanks pay more than Mets in revenue sharing

New York Yankees president Randy Levine complained about baseball’s revenue-sharing system in a recent interview with Fox Sports, saying it is “unfair” that the Yankees are paying considerably more than the crosstown rival New York Mets.

Levine’s comments, which were published Friday by Fox Sports, were made ahead of the looming expiration of Major League Baseball’s current collective bargaining agreement on Dec. 1, and the impending labor talks following the 2016 season.

“What is very burdensome to us—and is unfair—is the amount of money we have to pay in revenue sharing compared, for example, to teams in our market that pay 10 times less than us,” Levine told Fox Sports. “Hopefully that is something that will get looked at in the next labor agreement.” 

In a little over a year, baseball’s current labor deal will expire. And there are a number of major issues that could hang over the talks between the owners and players.
Mets chief operating officer Jeff Wilpon declined to comment to Fox Sports when asked about Levine’s statement.

RoyalsRetro (AG#1F) Posted: March 26, 2016 at 10:41 AM | 48 comment(s)
  Beats: mets, revenue sharing, yankees

 

 

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