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Archive for the ‘Business and Finance’ Category

The Blue Jays have almost single handedly kept the baseball hot stove burning in November. The team’s busy off season coalesced yesterday as Toronto’s blockbuster trade with the Marlins was approved, the signing of Melky Cabrera was finalized and the selection of John Gibbons as the team’s new manager (again) was revealed. The flurry of […]

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Dodgers’ fans are probably still smarting after the Angels rallied to win the first game of the Freeway Series, but at least there was a consolation. After the loss, the team confirmed it had reached a contract extension with Andre Ethier, ensuring the outfielder will remain in Los Angeles for at least the next five […]

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Last year around this time, I wondered whether Major League Baseball was beginning to regret its relationship with StubHub because of the bargain basement price levels at which many tickets were re-selling on the secondary market.  According to the New York Post, at least a few teams, including the Yankees, have started to have some […]

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The business of baseball is very good, and one of the big reasons why is cable television. According to Forbes’ most recent look at the game’s economics, MLB’s 30 teams combined to earn net-revenue of over $6.3 billion, a 3.6% increase from last year’s record total.  And, of that total, nearly 15% came directly from […]

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Hal Steinbrenner recently confirmed his intention to lower the Yankees’ payroll below the luxury tax threshold in 2014, setting off a flurry of reaction from the mainstream media and blogs alike. Aside from the simple irony of the Yankees adhering to a budget, the response has mostly centered on either the sacrifices the team must […]

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Yesterday, catchers stepped out from behind the plate and into the headlines. Early in the afternoon, word of Jason Varitek’s pending, but inevitable, retirement surfaced. Then, news came that the Royals had agreed to a five-year deal with 21-year old backstop Salvador Perez. Finally, the day concluded with a report stating the Cardinals and Yadier […]

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After Mark Cuban was eliminated from the bidding process for the Los Angeles Dodgers, the billionaire offered an interesting explanation for coming up short. “I wanted to buy a baseball team,” Cuban stated, “they were selling a media rights deal”. Cuban’s comment was a reference to the Dodgers’ expiring TV contract with FOX, which currently […]

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