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Baseball Primer Newsblog
— The Best News Links from the Baseball Newsstand
Monday, January 09, 2006
BizBall: Forbes wrote an article in April this year entitled, “Best-Kept Secret”, which went on to mention that the Mariners have been the most profitable of all the clubs the last five years, with an average revenue of $163 million. The operating income of the Mariners for 2004 was $10.8 million. By comparison, the Yankees had an operating loss of $37.8 million for the same period.
Running the club is a business, and even when there are profits in hand, at what point do the Mariners say, “We’re not going any higher,” in relation to player payroll when weighed against the need to be competitive in a free-agent market?
Armstrong: We do that all the time. We set a budget and we don’t exceed that budget. We don’t necessarily have to spend up to it if we don’t find values. Right now, with the signing of Washburn and what we anticipate we’re going to be paying our other guys in arbitration and putting together our roster, we’re right up against our 2006 player payroll budget.
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