John Henry, regretting that the Red Sox are raising ticket prices again:
“I am concerned with how expensive it is for four people to attend a game these days . . . Unfortunately virtually all contracts in baseball go up each year for on-field and off-field members of the organization.”
As Baseball Prospectus’ Joe Sheehan so eloquently put it nearly eight years ago “The price of tickets is not set to recoup costs, but to maximize revenue.” Indeed, this is how the price of just about every item in the stream of commerce is set (the price of razor blades and printer ink is apparently set by the Russian mob, however). Supply and demand you know.
If you don’t believe it, ask yourself why it costs so much to go to a Notre Dame or Ohio State game. They don’t have any salary expenses to recoup. Or the NFL, NHL and NBA, where salary caps have kept overall costs basically constant and certainly predictable, yet ticket prices have spiraled in ways wholly unrelated to expenses.
A smart organization sets ticket prices at the absolutely highest level they can be set without negatively impacting demand. The Red Sox sold out their games at last year’s prices. They will likely sell out their games at 2010’s prices. Those prices will continue to be raised until the exact moment people decide they are not worth the price and cease to buy Red Sox tickets. John Henry’s suggestions to the contrary are exercises in public relations.
Eduardo A. Encina of the Baltimore Sun reports that the Orioles are close to acquiring pitcher Vidal Nuno from the Dodgers in exchange for pitcher Ryan Moseley.
Nuno, 29, went to the Dodgers from the Mariners in the Carlos Ruiz trade this past November. He and the Dodgers avoided arbitration last month, agreeing on a $1.125 million salary for the 2017 season. The left-hander finished the 2016 campaign with a 3.53 ERA and a 51/11 K/BB ratio in 58 2/3 innings spanning one start and 54 relief appearances.
Nuno will provide the Orioles starting pitching depth and could serve as a valuable left-handed option out of the bullpen.
Moseley, 22, played his first season of professional baseball in the New York Penn League last year. In 12 relief appearances, he put up a 3.20 ERA and an 18/9 K/BB ratio across 19 2/3 innings. The Orioles selected him in the eighth round of the 2016 draft.
Kristie Ackert of the New York Daily News reports that Mets GM Sandy Alderson and second baseman Neil Walker‘s agent have been in contact about a contract extension as recently as Saturday. The extension is reportedly three years, including the 2017 season, and “north of $40 million,” according to Ackert’s source.
Walker, 31, accepted the Mets’ $17.2 million qualifying offer back in November. He’s coming off one of the better seasons of his eight-year career, finishing with a .282/.347/.476 triple-slash line along with 23 home runs and 55 RBI in 458 plate appearances. Walker’s season ended in late August as he underwent a lumbar microdisectomy.