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Baseball Primer Newsblog— The Best News Links from the Baseball Newsstand
Saturday, August 28, 2010
Major League Baseball commissioner Bud Selig said today that he has no issues with the Pirates’ finances or commitment to winning in light of the team recently divulging $35 million in profits from 2007-09 and a $20.4 million distribution to ownership.
...
Selig told the Post-Gazette last September that he had no issue with the Pirates’ finances and that he never received a complaint from a team owner or the players’ union. He reiterated both Friday, adding that the teams and the union had access to all teams’ figures teams before the recent leaks of five teams’ books to the Associated Press and Deadspin.com.
Selig cited as evidence on the union front a meeting between the Pirates and the union’s new chief, Mike Weiner, during spring training in Bradenton, Fla. That was aimed—and succeeded—at heading off a union complaint similar to the one that prompted the Florida Marlins to pass the Pirates in spending this year.
“I feel comfortable with telling you that the union wanted to talk about Pittsburgh six months ago. They did and left satisfied,” Selig said. ““Let me say this to you: We constantly check everything. The players association has all the numbers. You have to look at the long view of numbers, not just a year or two.”
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[Selig] applauded the Pirates’ investment in the draft, which has been highest in the majors over the past three years at $30.7 million and was second-highest this season at $11.9 million: “I follow the draft intimately, and I think they’ve done a good job of signing players the past two or three years. I think they’re on the right track. I really do. I evaluate everything that goes on, and people tell me the kids that they’re signing are good. I know there’s frustration, and I understand that. And I’m not unsympathetic. But I really think they’re on the right track.”
NTNgod
Posted: August 28, 2010 at 02:11 AM | 11 comment(s)
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1. Sleepy supports unauthorized rambling Posted: August 28, 2010 at 02:40 AM (#3628360)If I was a pirates fan I'd much rather they put that money into strategic reserve/draft/long term extension for Ronny Cedeno, etc. If I was a competing GM, I'd be torn, because spending more for failure means they'd drive up FA prices for everyone and maybe cost me a cheap win or two. As a player, obviously I'd want them spending everything, plus some. Unless I was a pirates player, in which case I'd hope they traded me to the Cubs, or gave me away to the Cubs for nothing, which is more likely.
If anything, I'm surprised by how low that leaked figure is. I would have thought they'd be making a lot more than that.
(I have wondered if we'll see a pre-CBA renewal spike in draft spending (with the commish's unspoken consent) - as an incentive for the MLBPA to agree to concessions that will result in caps/etc... - this proves nothing of course, but doesn't hurt my pet theory.)
Especially not when it's not $15M annual profit. The Pirates made $5.4M in 2009 and expect to break even in 2010. For some reason (like, it doesn't fit the narrative) every sportswriter out there except Kovacevic is pretending that two years' statements from 2-3 years ago are the Pirates' entire financial picture for all time.
And your guess and bet should be taken seriously by others for what reason exactly?
But hey, other than that $20 million over three years the Pirates owners claim they don't take any money out of the team.
This makes no sense at all.
But hey, other than that $20 million over three years the Pirates owners claim they don't take any money out of the team.
The Nuttings also PAID IN $20M, but I guess that little detail doesn't fit the narrative.
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