(The following was originally published at SB*Nation’s Pinstriped Bible) Everyone has been reading the tea leaves since Robinson Cano replaced baseball super agent Scot Boras with an agency fronted by music mogul Jay-Z. Most have interpreted the move to mean Cano desperately wants to the remain in the Bronx, so much so that ditching Boras indicates […]
Archive for the ‘Business and Finance’ Category
Robinson Cano Teams With Jay-Z, but What Is Hal Steinbrenner’s State of Mind?
Posted in Baseball, Business and Finance, CBA, Hal Steinbrenner, MLB, Yankees, tagged Robinson Cano on April 3, 2013 | 2 Comments »
Forbes Baseball Survey Reveals Continued Prosperity for All Teams
Posted in Baseball, Business and Finance, MLB, Yankees on March 27, 2013 | 2 Comments »
(The following was originally published at SB*Nation’s Pinstriped Bible) Baseball is big business. The health and wealth of the game has become so transparent that independent valuations are no longer necessary to dispel the myth of baseball’s demise that had become popular not too long ago. Nonetheless, Forbes’ annual snapshot of individual team finances remains an interesting benchmark […]
Yankees’ Agreement with Ticketmaster a Plus for Season Plan Holders, but Buyers Beware
Posted in Baseball, Business and Finance, Yankees, tagged StubHub, Ticketmaster on February 11, 2013 | 8 Comments »
A few months back when the Yankees’ first announced plans to opt out of Major League Baseball’s secondary market agreement with StubHub, I suggested that early critics withhold judgment until after the details were released. Well, the Yankees have finally gotten around to unveiling its new relationship with Ticketmaster’s Ticket Exchange, so it’s time to […]
Flaw in the Yankees’ Budget Plan? Breaking Down MLB’s Revenue Sharing System
Posted in Baseball, Business and Finance, CBA, MLB, Yankees on January 23, 2013 | 5 Comments »
Earlier today, Ken Rosenthal wrote about a potential flaw in the Yankees’ plan to dip below the luxury tax threshold in 2014 (click here for a detailed breakdown, which includes estimated potential savings). According to Rosenthal, baseball’s overall financial strength is conspiring to limit the potential savings the Yankees could enjoy under the CBA’s new […]
Dodger Dough Doesn’t Stack Up to Yankee Dollar
Posted in Baseball, Business and Finance, George M. Steinbrenner, MLB, Yankees, tagged Los Angeles Dodgers on December 15, 2012 | 1 Comment »
(The following was originally published at SB*Nation’s Pinstriped Bible) If George Steinbrenner were alive today, no one would be talking about how much money the Los Angeles Dodgers are spending. A popular meme surrounding the Yankees revolves around comparing how the team is being operated now to the modus operandi that prevailed under the Boss. Usually, […]
The Hubbub Over StubHub
Posted in Baseball, Business and Finance, MLB, Yankee Stadium, Yankees, tagged StubHub on December 11, 2012 | 4 Comments »
(The following was originally published at SB*Nation’s Pinstriped Bible) Over the past few years, I’ve written extensively (here and here) about the precarious relationship between StubHub and Major League Baseball, particularly as it pertains to the cannibalization of primary market ticket sales. So, it wasn’t much of a surprise when the Yankees decided to opt out of MLB’s just-renewed deal with the […]
Are Yankees Headed For Fiscal Cliff? A Closer Look at Team’s Plan to Cut Payroll
Posted in Baseball, Business and Finance, CBA, MLB, Yankees on November 28, 2012 | 13 Comments »
The Yankees’ austerity plan, which seeks to trim the team’s payroll below the $189 million luxury tax threshold by 2014, has placed the franchise in an unfamiliar position this off season. Instead of pursuing the best free agents, including re-signing several of their own, the team has eschewed long-term contracts in favor of value-laden one-year […]