Troy Tulowitzki Newsbeat
Friday, February 13, 2015
Does the new column mean Howard’s no longer in the running for the NBC Nightly News gig?
Welcome to Capital’s new Sports Business Report, a weekly digest of news on the top players and institutions in one of New York’s highest-profile industries. ...
Here are the numbers you have to actually remember, and what keeps Fred Wilpon and his partners up nights (and Wilmer Flores entrenched as a low-cost shortstop). The Mets’ parent company, Sterling Equities, continues to finance the $250 million in debt against the team. Sterling also continues to finance more than $600 million in debt against SNY. Below is a partial schedule of what comes out of team revenues directly in twice-annual debt balloon payments for the next eight years.
June 2016 - December 2018: $21,950,000
June 2019 - December 2022: $22,000,000
The schedule continues like that through 2045.
It all means that the Mets are spending more on financing debt than they are on payroll.
So sure, it’s nice every time the Madoff trustee announces another victory, primarily because it helps people actually victimized by Bernie Madoff. But Mets ownership has far bigger numbers to worry about.
Which is also why you can safely dismiss the qualified comments by new MLB commissioner Rob Manfred on Wilpon finances. Notice that he insulates himself by claiming no knowledge of their ability to spend just before endorsing it.
Also via Adam Rubin: http://es.pn/1vHGiwn
“Asked point blank if the Mets have the capacity to boost their payroll now, given their seeming lack of appetite to pursue trades for big-ticket items such as Troy Tulowitzki and Ian Desmond to man shortstop, Manfred added: “I don’t know what their internal considerations are with respect to individual trades, and it’s not appropriate for me to talk about that. But I have never had a question about the Mets’ capacity to spend if they decided it was in their baseball interest to spend money. I really don’t believe that’s an issue.”
Tell that to the fans about to watch a potential contending team fail to address basic roster holes or depth this winter.
Saturday, January 17, 2015
Wednesday, December 24, 2014
Monday, December 22, 2014
Saturday, December 20, 2014
In the Mets’ most recent conversations with the Rockies, during last week’s Winter Meetings, the Rockies wanted three or four top players — some current major leaguers, some prospects still in the minors — and also wanted the Mets to assume the entire $118 million that Tulowitzki has guaranteed through 2020.
Posted: December 20, 2014 at 08:25 AM | 17 comment(s)
Monday, November 10, 2014
I love Tulowitzki. With his contract, though, he’s a tough pickup for any GM. GMs get fired for being wrong on trades like this.
Tulowitzki, in particular, creates difficulty. He is homegrown. He is the most popular player in Rockies history. When right, he is arguably among the five best position players in the game. But here is how many games he has started at shortstop in the past five years: 122, 140, 47, 119 and 88. Those are 516 starts in his age 25-to-29 seasons, barely more than 100 a year on average (Derek Jeter, as a comparison, averaged 135 games starting at short from age 25-to-29).
Now, Tulowitzki is coming back from his worst injury yet – a torn labrum in his hip. This is what Alex Rodriguez has had in both hips. Maybe Tulowitzki can overcome that. But Tulowitzki turned 30 last month. Do you think he is about to go through his healthiest phase?
Friday, November 07, 2014
Great player. Can’t stay healthy.
Tulowitzki, meanwhile, is one of the best players in baseball when he’s healthy. He proved that once again this year, posting an absurd .340/.432/.603 batting line with 21 homers and 52 RBIs in 91 games. Ah, but it’s that last part that matters most with Tulo. Is he healthy enough to depend on?
Since 2010, Tulowitzki has averaged 106 games per year. In other words, he’s missed roughly a third of the Rockies’ games over the past five years. But injuries might not even be the biggest obstacle to a team interested in acquiring the All-Star shortstop. That would be his contract.
Tulowitzki, who just turned 30, is owed $20 million per year until 2019. He’s on the books for $14 million in 2020 with either a $15 million option for $4 million buyout in 2021, when he will be 36 years old. So that’s $118 million for six years or $129 million for seven years. Either way you slice it, it’s expensive.
Posted: November 07, 2014 at 08:03 PM | 2 comment(s)
Thursday, November 06, 2014
They aren’t shopping them; they are just keeping their “eyes and ear open” for potential deals. (Wink, wink.)
For the first time, the Colorado Rockies sound willing to trade shortstop Troy Tulowitzki and/or outfielder Carlos Gonzalez.
The Rockies are telling clubs they are keeping their “eyes and ears open” for potential deals involving both players, according to major-league sources.
The mere willingness to discuss Tulowitzki and Gonzalez is a departure for Colorado, which previously refused to entertain deals for its two stars.
The Rockies, under new general manager Jeff Bridich, are not shopping either player or starting a fire sale, sources say. But team officials finally seem to have persuaded owner Dick Monfort to consider all possibilities.
You must be logged in to view your Bookmarks.
: OTP - March 2015: You’re out, tobacco: Bill would ban products at all California baseball venues
(500 - 11:42am, Mar 04)Last:
: Positive Howard looking forward, not behind
(6 - 11:42am, Mar 04)
: Mets ask Billy Bean to suit up, but how do players feel about gay player in baseball?
(43 - 11:40am, Mar 04)
Last: Poster NutbagNewsblog
: OT: Soccer March 2015
(14 - 11:39am, Mar 04)
Last: I am going to be FrankNewsblog
: Cubs strike out twice in bid for extended Wrigley construction hours | Chicago
(13 - 11:37am, Mar 04)
: OT: Monthly NBA Thread - March 2015
(208 - 11:36am, Mar 04)Last:
: Primer Dugout (and link of the day) 3-4-2015
(9 - 11:24am, Mar 04)
Last: An Athletic in Powderhorn™Newsblog
: OT: Wrestling Thread November 2014
(656 - 11:15am, Mar 04)Last:
: Braves' T-shirts: 'Hello, my name is ...' - Spring Training Blog - ESPN
(1 - 10:49am, Mar 04)
Last: What did Billy Ripken have against ElRoy Face?Newsblog
: Deadspin: "Sports Analytics" Is Bullshit Now
(24 - 10:43am, Mar 04)
: Jeff McKnight dies of leukemia at 52
(1 - 10:41am, Mar 04)
Last: Bring Me the Head of Alfredo Griffin (Vlad)Newsblog
: Curt Schilling outs Yankees worker who allegedly posted vulgar tweets about daughter | NJ.com
(129 - 10:22am, Mar 04)Last:
Rickey! is just here so he don't get finedNewsblog
: LOOK: The leg-kick of Murray State's John Lollar is something to behold - CBSSports.com
(2 - 10:12am, Mar 04)
Last: SoSHially UnacceptableHall of Merit
: Most Meritorious Player: 1902 Ballot
(18 - 9:53am, Mar 04)
Last: Michael J. Binkley's anxiety closetNewsblog
: Onetime AL Batting Champion Alex Johnson Dead at 72
(32 - 9:16am, Mar 04)