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Baseball Primer Newsblog
— The Best News Links from the Baseball Newsstand
Sunday, December 01, 2013
There’s a lot of information in the article including Monfort’s outline of the Rockies’ expenses (see chart at the end of the article).
Rockies fans were already a bit upset by the announcement of plans to build a restaurant deck in right field. The thinking was that the Rockies were using the windfall from the new national TV contracts on the stadium rather than new players. However, the article says the funds for the stadium are coming from other sources.
Monfort also says the Rockies’ revenue is at $170 million and his rule of thumb is to spend 50% on payroll. Forbes most recent valuation article had the Rockies’ revenue at $199 million, and Bloomberg’s (the one with the fancy interactive chart) had it at $195 million.
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