It feels like the Rays have been trying to ditch Tropicana Field since they got there, and apparently it’s finally going to happen. The Royals are likewise pursuing plans to build a replacement for Kauffman Stadium, though the club announced Wednesday that the planned reveal of a new ballpark site was being postponed for the time being.
Both clubs want to replace their aging, arguably obsolete concrete bowls with something more modern — more glitzy. The unspoken promise is that the Royals and Rays — two small-market teams that ranked 25th and 27th in payroll this season, respectively — would turn their new taxpayer-funded playgrounds into an economic engine that would not only boost community welfare but also allow the team to compete economically with the Yankees, Dodgers, and so forth.
Lenin might not have actually said: “There are decades where nothing happens; and there are weeks where decades happen.” But that doesn’t mean not-Lenin was wrong. College football just lived through such a week, as the Big Ten’s addition of UCLA and USC for the coming football season snowballed into an all-out raid on the Pac-12. Oregon and Washington are following the two Los Angeles schools to richer pastures. The Big 12, already in the process of adding four mid-major schools to replace the outgoing Texas and Oklahoma, is swooping in to pick Arizona, Arizona State, Colorado, and Utah from off the curb. Left with the proposition of propping up a rump four-team conference, Cal and Stanford are being courted by the ACC. Those schools, with their sterling academic reputations, are considered a good cultural fit for a conference that already includes Duke and Virginia; the same could be said about UCLA and the Big Ten.
If those institutions want to keep up the pretense of looking smart, they’re going to have to rename these conferences. An Atlantic Coast Conference with two teams in California? An 18-team Big Ten? A 16-team Big 12? People are going to start to think these jokers can’t count or read a map. But that’s of secondary importance. What this audience wants to know, surely, is what this means for college baseball. Read the rest of this entry »
I was supposed to write about Elly De La Cruz. The Reds’ 21-year-old rookie shortstop has taken the baseball world by storm during his two-week major league career. He’s as fast, as powerful as any player has ever been, and by all accounts, he is a star in the making. He could be the Julio Rodríguez of Oneil Cruzes.
Instead, Rob Manfred addressed the media after a scheduled owners’ meeting in New York. When the commissioner addresses the media, at best there’s a tense verbal interplay between reporters and a subject who’s either unable or unwilling to reveal the whole truth. It’s the Socratic equivalent of the dance-fighting from West Side Story. At worst, Dan Le Batard pulls Manfred’s pants down over the phone.
Manfred’s performance on Thursday was closer to the latter than the former. So now, instead of talking about a re-energized game being bolstered by an influx of prodigious young talent, we’re talking about Rob Manfred. That’s never a good place to start. Read the rest of this entry »
Owning a baseball team isn’t work in any meaningful sense. If it were, John J. Fisher would be out of a job by now. Fisher’s Athletics are on pace to have the worst single-season record of any AL or NL team since 1899. It’s not even June yet and they’re 24 1/2 games out of first place and 18 games out of third. Their 4-23 record in divisional play has floated every other team in the AL West over .500. Only one qualified starter, Jordan Lyles, has an ERA worse than Oakland’s team ERA. The baseball stinks, and ironically, A’s fans are seeing more of it anyone else. There is no rest for the weary.
The story of professional baseball since the 2010s has been that of a divorce between competitive and financial incentives. Winning does not beget profit; quite the opposite in some cases. But even as a commercial enterprise, the Athletics have been an astonishing failure. Their attendance is the worst in the league by far, with some midweek games against uninspiring opponents drawing as few as 2,000 paying customers. After a blowout win in Oakland over the weekend, the Astros’ social media team tweeted “10 runs in front of tens of fans” in reference to the pitiable attendance at the Coliseum.
There’s a long tradition of fans (or operatives, in this case) of big-market teams mocking their counterparts who cheer for less successful clubs by tweeting pictures of empty seats. It predates the idiom “poverty franchise,” but carries the same sentiment. Look at this worthless team of losers and the uncommitted dilettantes who can’t be bothered to cheer them on. Surely our greater commitment will be rewarded by the baseball gods, they say.
That brand of banter is increasingly viewed as impolite, and not just because it wasn’t long ago that the Astros lost 100 games a year with no one in the stands to witness their ineptitude. It’s because more and more, owners like Fisher are making clear that unwavering allegiance is folly. Read the rest of this entry »
On Monday, the OCCC instructed Ohio bookmakers to take Crimson Tide games off the board. Regulators in other states followed suit, as have several major online sportsbooks. And in the wake of Bohannon’s firing three days later, ESPN reporter David Purdum revealed that surveillance cameras within the sportsbook had recorded the suspicious bettor communicating with Bohannon at the time he was placing the bets in question. Read the rest of this entry »
On Wednesday, the Oakland Athletics revealed that they’ve taken a concrete step toward building a ballpark in Las Vegas. Well, not “concrete” in the literal sense, but the A’s have “signed a binding agreement to purchase” a place to put concrete, a 49-acre plot near Allegiant Stadium (home of the NFL’s Raiders) and the Las Vegas Strip. Pending approval of a “public-private partnership,” A’s president Dave Kaval told the San Francisco Chronicle, a stadium could be completed in time for Opening Day 2027.
There are still plenty of components to be juggled, but this is the biggest indication yet that the years-long effort to find a new home for the A’s in California is doomed to fail. Should the A’s relocate, they’ll become the first team to do so since the Montreal Expos moved to Washington in 2005, and the first team in the AL-NL era to move three times. Read the rest of this entry »
Just 14 hours before the start of the MLB regular season, the league and the MLBPA reached a tentative agreement on the first collective bargaining agreement for minor league baseball players. They could have picked a day when the baseball headlines weren’t as crowded, but when it comes to making labor history, there’s no time like the present.
Last week, I wrote about what I consider to be a key driver in the recent uptick in long-dated contracts: rising interest rates. It was a math-y and abstract article, and I wouldn’t blame you for getting a few paragraphs in, noting the sheer volume of numbers and calculations, and moving on with your life. But if you didn’t do that, hold onto your butts, because it’s time to take the financial angle up a notch.
The main takeaway of that previous article was that when interest rates are high, money in the future is worth less in present value, so teams that look at their books in terms of net present value will perceive long-term contracts as a smaller liability. The easy way of thinking about this is by imagining a team funding a contract upfront by buying bonds and holding them to pay out each future year of a player’s contract. You have to spend much less money today to fund future obligations than you would’ve had to spend if interest rates were much lower, as they were for the entire previous decade.
That’s not realistic, though, because teams don’t pre-fund contracts with treasury bonds. They have better stuff to do with any money sitting around, like buying real estate developments or lobbying senators. Most teams have debt outstanding, too; if they had a huge chunk of change sitting around, they’d look for new investments first, then think about retiring debt, then think about buying out minority owners, and probably prioritize buying treasury bonds only slightly higher than lighting the money on fire. Read the rest of this entry »
I’m going to start today by telling you something very obvious: the new hot trend in contracts this offseason is extremely long deals. You know it. I know it. Ken Rosenthal says it, so it must be true. Living legend Jayson Stark laid it out as only he can: we’ve seen three free-agent deals of 11 or more years in the last two weeks, as compared to one in the entire previous history of baseball.
What factors are behind this hot new contract structure? Did a financial consultant walk through the Winter Meetings whispering “long contracts are in, pass it on” to team employees? I truly wish that were the case. It could be my big break in starting up Ben Clemens Investigates, and I’ve always wanted to wear a Sherlock Holmes hat. Bad news, though: to the best of my knowledge, that didn’t happen. It didn’t have to happen. The incentives to offer long-term deals are mathematically based, and I’m frankly pretty annoyed that I didn’t see this coming in predicting contracts this offseason. Read the rest of this entry »
With the first 12-team postseason in MLB history right around the corner, we’re hearing a little bit of griping. The playoffs, like your dad’s hand-me-down sport coat, are too big. Look at the race for the last Wild Card spot in the NL, in which the Phillies and Brewers have spent the past two weeks bumbling around like a pair of somnambulant dachsunds investigating a cricket. Eventually one sneezes and forgets what he was doing in the first place, and the other gets tired and plops over for a nap. The cricket escapes unharmed. Surely these are not playoff-quality teams. Surely they’re nothing but an inconvenience to a champion-elect like the Dodgers. But they’ll get a full three-game audition nonetheless. What a waste of time.
And by and large, I agree. While the current playoff structure seems to incentivize regular-season competition and could lead to some exciting October action, all things being equal I’d rather go back to an eight-team playoff bracket. Maybe because that’s the way things were when I was a kid, which is the overriding logic behind about 95% of people’s opinions about baseball, art, or society at large, but that’s how I feel.
But go back and consider, for a moment, that hand-me-down sport coat from your dad. You’re a teenager, fresh off a growth spurt, all tendons and hormones. The jacket, made for a man, looks weird on the frame of what is essentially a very tall child. But the problem is not that the jacket is too big; it’s that you are too small. On a bigger person, with a more fully developed frame, it would look just fine.
So while a 12-team playoff is probably too big for a 30-team baseball league, a 30-team baseball league is preposterously small for the size of the audience it serves. America, like Leon from Airplane, is getting larger. MLB should do the same. Read the rest of this entry »
