Defending Citigroup

It’s interesting to see politicians and media people excoriating Citigroup for the Mets’ naming rights deal while folks who, you know, actually know stuff about business and sports are defending it. This from Darren Rovell: It is not rational to think the contract can just be dissolved, so if we want to talk breakup fee, […]

$17.5 million

For Selig, that is. Despite the fact that his defense is worse than Adam Dunn’s. Not that I’m going to be critical. Selig can be something of a buffoon who tends to bungle the high-profile stuff, but he has also presided over a very bountiful few years for Major League Baseball. It’s quick and easy […]

Vicious cycle

Courtesy of Joesph P. at River Ave. Blues is everything you ever wanted to know about the cratering of corporate sponsorships but were afraid to ask: The risk for the sports industry and those who follow it is that a collapse in sports sponsorships could cause a downward spiral similar to the housing and credit […]

The Cubs must protect this house

If you’re like me, and you hate those stupid Under Armour logos on the outfield doors at Wrigley Field, this is good news: The Chicago Cubs baseball team has sued Under Armour Inc, charging the athletic clothing and shoe maker with reneging on a five-year sponsorship agreement worth $10.8 million. The Cubs, in documents filed […]

Can you do that?

I’m kind of an idiot when it comes to the concept of seat licenses, mostly because I’ve never considered buying season tickets for anything and thus haven’t been required to think much about it. Beyond knowing that they have been a part of every new park, stadium, and arena to open over the past couple […]

The Twins are healthy

The economy may be stank on a stick, but the Twins are doing just fine, thank you: The Minnesota Twins are on pace to sell a franchise-record 11,000 season tickets for the 2009 season, up from about 10,000 last year. The team expects about 90 percent of last year’s season-ticket holders to renew — a […]

The Owners’ Meetings

People talk about the Winter Meetings for weeks before and after they happen, but no one ever talks about the owners’ meetings. Why is that? Well, it’s probably because the press reports on what it can understand. GMs may make a lot of money and some of them are bona fide celebrities, but they still […]

Power on the Padres

Jeff Moorad purchasing the Padres is a weird looking deal. For one thing it came together so fast. The Tribune Company couldn’t even change the toner on the printer that spits out the Cubs’ offer sheets in the time it took this whole deal to materialize. A second odd thing is that despite this being […]

Depression baseball

There have been several articles in the past few months about what the economic situation might do to baseball, and with them many comparisons to the Great Depression. Most of them have been driven by looks back at attendance figures. A couple of days ago, however, the New York Times ran one that gave more […]

Kevin McClatchy is out

Kevin McClatchy has liquidated his position in the Pittsburgh Pirates: Former Pirates managing general partner Kevin McClatchy has sold his remaining shares in the team, ending a 13-year relationship that began with the newspaper heir ensuring that the club remained in Pittsburgh. McClatchy’s spot on the five-man Pirates board of directors will not immediately be […]

Anatomy of a scandal

When a political scandal hits, you can always expect things to happen in this order: 1. Denials that anything happened; 2. Denials that that which happened was inappropriate; 3. Admissions, either tacit or explicit, that that which happened was inappropriate in an effort to minimize the damage; and 4. Heads rolling. We’re now at step […]