The dynamics described in the previous post (i.e. diminishing franchise value freaking owners the hell out) are on display with this news item as well: Padres chairman John Moores will spin the front-office carousel yet again Thursday when the club expects to announce that Jeff Moorad will take over as CEO, with Sandy Alderson stepping […]
No, really: Rangers owner Tom Hicks is attempting to sell a minority share of up to 49 percent of the ballclub he purchased in 1998, he said on Tuesday at the team’s Spring Training complex. Merrill Lynch, the international investment banking firm, which became a unit of Bank of America last year, has been hired […]
That just sounds wrong…
Wait, what? Audi today announced that the brand is now the official luxury vehicle of the New York Yankees. The new relationship also includes the naming of the Audi Yankees Club, an exclusive viewing location and membership restaurant, located on the H&R Block Suite Level in left field. The sponsorship begins with the opening of […]
Doubling back around to look at replacement level one more time.
TUCK! toon goodness every week. Kinda.
Every office I’ve ever worked in — and it’s a list that keeps growing longer and longer for some reason — has had a perky person in charge of the United Way fund drive. A couple of times a year they host a “kickoff” meeting at which ice cream and forms to debit money from […]
I never smoked, but I had a lot of friends who did back in high school, and the greatest thing about it was Camel Cash. Little currency-like coupons with Joe Camel’s face on them that, when collected in great numbers, entitled underage smokers everywhere to exchange them for beach towels and cassette players, and squeezy […]
We all know that making the postseason = $$$. Maury Brown has decided to measure how much $$$.
The Yankees, unlike every other business in the world, are not having trouble securing credit: The New York Yankees earlier this month borrowed $105 million from a group of banks led by Goldman Sachs to cover final cost overruns at the new Yankee Stadium, sources said. The loan brings the total debt on the stadium, […]
Maybe it’s crazy to look for hidden benefits in all of the recent economic strife, but I try to do it anyway. One of them — and I realize that it may be pie in the sky as opposed to a silver-lined cloud — is the possibility that the bad times may lead to an […]
No longer A-Rod free, but STILL every Thursday!
Sal reports back from the conference, where top officials from across US pro sports shared insights on everything from statistical analysis to the fan experience.
I missed this the other day, but in light of the problems in the Dominican, the chatter about a potential worldwide draft is increasing: Recent cases of fraud and potential corruption involving the signing of baseball players in Latin America have cast new attention to the possibility of a worldwide draft in major league baseball. […]
Friend of ShysterBall Pete Toms has an article up over at the Biz of Baseball about sports marketing in the wake of Depression v2.0. It’s a comprehensive cataloging of thr furor over banks using TARP dollars — or not using TARP dollars if you deny the fungibility of money — for sports sponsorships. Read to […]
Building a model to explain the money players make.
Like white people all over this country, I really love the idea of soccer. So do folks in Seattle: The Seattle Sounders FC may be the upstarts on the local sports scene, but the new pro soccer team appears to be having little trouble attracting sponsors and ticket buyers . . . The Sounders have […]
Neyer today shoots down the contraction whispers re: the A’s and Marlins. His basis: lack of necessity and politics: What’s more, even if both franchises were utter wrecks they still wouldn’t be serious candidates for contraction. No franchise would be. It was, what, eight years ago when this spectre was first raised, regarding the Twins […]
Pete has been agitating about this for a while, but now it’s official: The New York Yankees and Bank of America ended months of negotiations on a long-term, high-profile sponsorship agreement, fallout from the financial industry’s decision to accept aid from the federal government. While the sides never discussed naming rights to the team’s new […]
Phillies’ owner Bill Giles: All right, Scott, how much do you need? Scott Eyre (doggedly): Two hundred and forty-two dollars! Giles (pleading): Aw, Scott, just enough to tide you over till the bank reopens. Eyre: I’ll take two hundred and forty-two dollars. Giles starts rapidly to count out the money. Eyre throws his passbook on […]