Baseball Primer Newsblog— The Best News Links from the Baseball Newsstand
Friday, June 05, 2020
And there you have it. Distilled to the simplest form, Major League Baseball is in crisis because of a $326 million problem.
The players will say: That is $10,880,000 per team, or the cost of a decent No. 4 starter. And they are right.
The owners will say: That is another $326,400,000 on top of the $3.5 billion we are already set to lose. And though there is no publicly available documentation to substantiate those claims, the lack of gate revenues alone is a significant enough blow that some sympathetic to the union acknowledge the league’s finances have been hampered.
Now comes the difficult part. The negotiating endpoints have been established. So has the chasm between the parties.
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1. Stevey Posted: June 05, 2020 at 02:10 PM (#5955568)Well of course it ####### has. The question is how seriously. We'll never know without the open books, whereas we know exactly what the players lose.
You sure about this? Are companies locked into advertising contracts? (I genuinely don't know the answer to this.)
If there's a Phase 2 pandemic, would companies be in a position/have a desire to blow a lot of money on advertising?
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