The Cleveland Indians and the Burden of Financial Proof
Next week, the Dolan family, owners of the Cleveland Indians, are being honored with a lifetime achievement award at the Greater Cleveland Sports Awards. The criteria for determining the winner of that particular prize is vague; it usually goes to a retired player. The Dolans are the only ownership group to have won it.
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The Cincinnati Reds are a proud franchise in the midst of a tough run. A small market team in one of the league’s smallest cities, they’ve posted a losing record in each of the past six years. They haven’t won a playoff series in 30. TV ratings are solid — nothing attracts more eyeballs on a summer night in Cincinnati than Reds baseball — but fans haven’t had much to cheer lately. Franchise icon Joey Votto appears to be playing out the string. The Reds, even in a mediocre division, were buried in fourth place last season.
The Cleveland Indians are also a proud franchise, and they’re on a splendid run. They too are a small market team in one of the league’s smallest cities. But they’ve been plucky. The Tribe have notched seven consecutive winning seasons, and were a game away from a championship back in 2016. TV ratings are robust, the second-highest in all of baseball. Promising young players line the roster and shortstop Francisco Lindor is one of the game’s precious few superstars. The Indians missed the playoffs last season, but were relevant into the season’s final week and entered the winter with plenty of talent on hand.
So far this winter, Cincinnati has spent $100 million on Mike Moustakas, Wade Miley, and Shogo Akiyama. Cleveland has spent less than $10 million and dealt Corey Kluber for a reliever and an extra outfielder. Read the rest of this entry »