The Dodgers expect you to pay twice the price for half the product

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The L.A. Times’ Bill Shaikin reports that a document setting forth the Dodgers’ financial plans was leaked in connection with the McCourt divorce. The document, which was created by the Dodgers in order to solicit Chinese investors in the team and/or a soccer club Frank McCourt wants to buy, sets out the following:

  • The Dodgers anticipate their revenue to rise from from $295 million in 2008 to $529 million in 2018;
  • Anticipate their average ticket price to rise from $29.40 in 2007 to $53.50 in 2018; and
  • Anticipate their payroll to rise from $123 million in 2008 to . . . $125 million in 2018.

Projecting anything out 8-10 years is something of a fool’s game, but even if those exact numbers don’t come to pass, a Frank McCourt-owned Dodgers team at least intends to nearly double ticket prices, nearly double revenue and keep payroll flat as a pancake over the next decade. For comparison, the Dodgers’ 1998 payroll was a shade over $61 million. If they had stuck to a similar plan starting then, today the Dodgers would have roughly the same payroll as the Oakland Athletics.

With the exception of some amount of deferred money, Manny Ramirez falls off after this season, so there is some room to grow to get “back” to the $125 million range. But you have to replace his production at some price. And, at the very least, plan for massive raises to Matt Kemp and Clayton Kershaw going forward. How that gets done — while addressing other needs and accounting for the inevitable inflation in player salaries — is unclear to say the least. 

Unless of course the Dodgers’ plan is to charge twice the price for half the product and still expect people to keep showing up at the ballpark.

Josh Johnson retires from baseball

PEORIA, AZ - FEBRUARY 21: Josh Johnson #55 of the San Diego Padres poses during Picture Day on February 21, 2014 at the Peoria Sports Complex in Peoria, Arizona. (Photo by Mike McGinnis/Getty Images)
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Oft-injured pitcher Josh Johnson is retiring from baseball, ESPN’s Jerry Crasnick is reporting.

Johnson, 32, hasn’t pitched in the majors since 2013. The right-hander underwent his third Tommy John surgery in September 2015 but wasn’t able to bounce back.

Johnson spent most of his career with the Marlins, but also pitched for the Blue Jays in the big leagues, as well as the Padres in the minors. He retires with a career 3.40 ERA, 915 strikeouts across 998 innings in the majors, and two All-Star nominations. Johnson led the National League with a 2.30 ERA in 2010, finishing fifth in NL Cy Young Award balloting. One wonders what he could have accomplished if he was able to stay healthy.

Report: Angels close to a multi-year deal with Luis Valbuena

HOUSTON, TX - JULY 08:  Luis Valbuena #18 of the Houston Astros hits a three run walkoff home run in the ninth inning to defeat the Oakland Athletics 10-9 at Minute Maid Park on July 8, 2016 in Houston, Texas.  (Photo by Bob Levey/Getty Images)
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The Angels are nearing a multi-year deal with free agent third baseman Luis Valbuena, Jeff Fletcher of the Orange County Register reports. It’s believed to be a two-year contract with a third-year option.

Valbuena, 31, hit .260/.357/.459 with 13 home runs and 40 RBI in 342 plate appearances in 2016. He missed most of the second half with a hamstring injury, for which he underwent surgery in late August.

Valbuena has played a majority of his career at third base, but also has extensive experience at second base and has racked up innings at first base and shortstop as well. He won’t play every day for the Angels, as Yunel Escobar lays claim to third base and C.J. Cron first base, but he will give them flexibility and a left-handed bat off the bench.