Forget about WAR, FIP, wOBA and other saber creations. EBITDA (earnings before Interest, Taxes, Depreciation and Amortization) is the metric baseball fans should get to know. The Chicago Cubs won the World Series in 2016, but, using EBITDA as a barometer, the Philadelphia Phillies had the last laugh, presumably on their way to the bank. According to Forbes’ annual […]
Archive for the ‘Business and Finance’ Category
Soaring Profits Make EBITDA the New Way MLB Teams Spell Success (Especially the Yankees)
Posted in Baseball, Business and Finance, MLB, Yankees on April 12, 2017 | 1 Comment »
Dodgers Continue to Tip Payroll Scales as Yankees Look to Stay Trim
Posted in Business and Finance, MLB, Yankees on December 17, 2016 | 3 Comments »
The Dodgers opened up their wallets again this winter, but no one should be surprised. According to final payroll data reported by major league baseball, Los Angeles has retained its ranking as the game’s biggest spender for the third consecutive season. 2016 Final Payrolls Note: Final payrolls represent actual amounts spent (salaries, benefits, earned bonuses […]
Should Baseball Union Be Happy With the Status Quo?
Posted in Baseball, Business and Finance, CBA, MLB, Yankees on December 3, 2016 | 4 Comments »
Most in the baseball media have declared management as the winner in the sport’s latest round of labor negotiations. Over the last two days, I’ve portrayed the outcome as a split decision by illustrating how the new CBA will do little to change the prevailing trends in the game. But, that begs the question: is […]
MLB Continues to Boom; Yankees Rank as Most Valuable Franchise, Payroll Cuts Make Up for Stagnant Revenue
Posted in Baseball, Business and Finance on March 23, 2016 | 3 Comments »
Forbes has released its annual study of MLB’s financial landscape, and the results indicate the sport is enjoying many more fiscal peaks than valleys. According to the data, MLB added approximately 7% to net revenue and almost 10% in operating profit, while the league’s 30 franchises topped a combined valuation of $38 billion, or more […]
Dodgers Remain Baseball’s Top Spender as Yankee Dollars Continue to Decline
Posted in Baseball, Business and Finance, CBA, MLB, Red Sox, Yankees on December 22, 2015 | 1 Comment »
Forget about Dodger Blue. Green is the new primary color in Los Angeles. The Dodgers may have come up empty handed in the postseason, but it wasn’t for lack of trying. In 2015, the organization spent over $290 million on player costs, which, combined with a luxury tax bill of nearly $44 billion, easily made […]
Tracking the Yankees 2016 Payroll; Money Saved New Way of Keeping Score in the Bronx
Posted in Baseball, Business and Finance, MLB, Yankees on December 14, 2015 | 2 Comments »
Brian Cashman still has a lot of work to do. According to the Yankees’ GM , “there are still steps in the process” to take, but if his master plan precludes adding payroll, Cashman will have to subtract salary before adding more talent. USA Today recently reported that the Yankees’ actual payroll (AAV, not current […]
Yankees New Guest Policy Creating Base of Apathetic Fans
Posted in Baseball, Business and Finance, Hal Steinbrenner, Mets, MLB, Yankee Stadium, Yankees on September 30, 2015 | 2 Comments »
Judging by the dwindling crowds at the Stadium and declining audience on YES, Yankees fans haven’t exactly bought into the excitement of the wild card race. For most of the year, but particularly over the last month, apathy has replaced the usual fervor in the Bronx. And, even with a chance to clinch a postseason […]