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Baseball Primer Newsblog — The Best News Links from the Baseball Newsstand Tuesday, September 27, 2011L.A. Times: Frank McCourt goes on a fishing expedition
Tripon
Posted: September 27, 2011 at 06:03 AM | 21 comment(s)
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1. Mr Dashwood Posted: September 27, 2011 at 11:27 AM (#3938705)As much as I would love to see Mr Loria explaining how the Marlins invested their revenue sharing money in the club, this later quote from the article makes me think it won't happen.
I think it's more: Don't have the extent of your theft opened to the public in court proceedings.
Pigs get fat, Hogs get slaughtered.
i agree with this. mccourt's big sin here is getting into a messy divorce and letting the curtain get pulled back.
and now he's come up with this strategy of trying to get the courts to get MLB to open up some of the books. i can't decide if he's crazy like a fox or just plain nuts.
Desperate, I'd guess. The man's got nothing to lose at this point. What happened to the Chinese and their billion dollars?
lol.
that has disappeared. no idea how much of a legitimate feeler that was from the PRC.
I wonder why the court didn't want to hear about the Rangers? Isn't standard business practices a consideration in contract law? At the very least shouldn't McCourt be allowed to prove that standard business practices have some relevance?
I'm starting to think there's a systemic failure in MLB. If I was comish I think I'd spend more time finding ways to make it more profitable to put a good product on the field than punish guys for making money. I mean, there's always going to be richer owners than others, so why is it a sin to try and be profitable (not saying the Dodgers here, but more like the Marlins). If your undercapitalized and want to make money on your team you've got the Loria/McCourt angle, or spend a ton on a huge risk.
Uh-oh, that sounds dangerously like a salary cap argument.
Is there prize money in baseball? I have an idea that European soccer leagues hand out a sum of money each season to teams that competed, with the winner of the league getting lots, and the last place team not so much.
Taking a different angle, there's a sort of reductio ad absurdam angle to the conventional wisdom that baseball is all about money. Well, it is, but money is made by selling entrance rights to a sporting contest. If it's not a sporting contest, there's something wrong with one's approach to one's "mission statement". ("We're not selling jeans here.")
They used to, but I think that's long past. They give bonuses for finishing position in English soccer, but it's not a huge amount of money.
Depends what you call not a huge amount of money. The winner of the PL takes about 20m quid (like $30-35m) these days I believe, with each subsequent finisher getting about 1m less than the previous. And the three tames that get relegated receive "parachute payments" on top of that.
Champions league is a bit more tricky, since it's based on both results as well as the ratings for the respective clubs country of origin. But last year both finalists (ManU and Barcelona) took home a bit over €50m (about $70m).
Yes, there is. Relative pocket change for a lot of these guys, but there are still postseason participation shares. Last year the Giants gave $317,631.29 for a full share and the Rangers gave $246,279.55. In addition, the other postseason teams and the four teams that finished second in their divisions without winning a wild card get smaller shares.
The total player pool is 60% of the gate receipts from the first three games of the Division Series and the first four games of the LCS and World Series. Each team's players decide how many full shares, how many partial shares, and how many cash awards to distribute from their share. It's variable, but usually the players on the postseason roster, anyone on the DL, and the managers and coaches get full shares. The Giants, a year ago, awarded 50 full shares, 9.89 partial shares, and two cash awards (which are defined as set dollar amounts, not as percentages of a full share).
-- MWE
Most leagues with a collective TV-deal doles out some money based on position.
AFAICT, the answer is no, except of course for increased revenue from attendance. Helyar's Lords of the Realm had a comment about Walter O'Malley, how he would rather lose the World Series in 7 than win in 4, since he made more money that way.
And that's why you'll never be commissioner. Heck, with dangerously radical ideas like that you'd probably be tasered if you got within 100 yards of Bolshevik Bud or one of his poormouth plutocrat cronies.
IANAL, but i will assume that MLB will take a position that they don't have to justify how they apply their bylaws because the owners agree beforehand that the commish is the one who calls the shots. If bud testifies that he was satisfied that jeff loria wasn't in violation of MLB's rules while mccourt is, he's taking the chance that the court will ask him to provide proof. but i wonder if a judge will be leery of doing that because of the precedent it will set. if a club -- which is what MLB is, really -- doesn't want you in, they can kick you out and you can't use 'other members are as bad as me' as a complaint. can you?
No, but does he ever thank Young Masters Steinbrenner for their largess? If the Dodgers could only get on that free money teat gravy train like Loria did they'd be fine!
Remember also that 50% of television broadcast revenue for the Premier League gets allocated based on two criteria: "merit payments" (table position) and "facility fees" (how many times the club's matches are televised domestically over the course of the season). The latter is a pretty good proxy for table position, although it probably more closely tracks something like a three-season rolling average of table position rather than only the season for which the payments are being made. In this way, it's as much a representation of reputation and cachet as it is explicitly related to performance.
Every club in the league took home almost $50m to start with. That's the half of the broadcast revenue that's distributed equally among all 20 clubs. Now compare the combined revenue from facility fees and merit payments for Manchester United, who won the league and whose matches were televised domestically most often, and the three clubs that were relegated.
Manchester United ~$46m
---
Birmingham City ~$13m
Blackpool ~$11.5m
West Ham United ~13.5m
As you can see, it's good to be good. And popular. Merit based and nominally merit-related tv money was worth well over $30m for the league's top team last season. And this gap will expand as broadcast revenues continue to grow.
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