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.

Marco Estrada signs a one-year, $13 million deal for 2018

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Marco Estrada and the Blue Jays have agreed to a one-year, $13 million extension with the Blue Jays, reports Jon Morosi of MLB.com. Last night Morosi reported that the sides were near a deal.

This extension is, functionally, like adding a year on to his old deal, which paid him $26 million for the 2016-17 seasons. As Bill noted last night. while the 34-year-old right-hander has a subpar 4.84 ERA on the season, he has a solid 170/67 K/BB ratio in 176.2 innings this year and has improved in the second half.

The Red Sox will air anti-racism PSA before games beginning next week

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Adrian Walker of the Boston Globe reports that the Boston Red Sox will air an anti-racism public service announcement at Fenway Park before their game on September 28. This is part of a large campaign backed by the Sox, the Boston Bruins, Boston Celtics, New England Patriots and New England Revolution “featuring athletes calling on fans to take a stand against racism and hate speech at sports venues.”

This comes in the wake of a group of protesters hanging an anti-racism banner in Fenway Park last week which, in turn came a few months after Adam Jones, like many visiting players of color before him, claimed that racial epithets were hurled at him by fans in the Fenway bleachers.

Red Sox CEO Sam Kennedy tells the globe that the Jones incident is what inspired the PSA campaign:

“When the incidents in May occurred, one of the first things we recognized was sports teams are high-profile, and we have the opportunity to help lead a high-level discussion around this,” he said. “We wanted to take the lead in taking a stand against racism.”