Major League Baseball is letting you pay them $10-20 — right now — for the right to buy playoff tickets for your team at face value. Beat the scalpers! Beat StubHub! What a deal!
And I guess if you’re a Yankees fan or something it may be a good deal. For one thing the Yankees are likely to make the playoffs. For another thing it’s not likely that a ton of tickets will be available at face value. A $10-20 markup (depending on which series it is) is less than you’ll get gouged on the secondary market if you’re so inclined. Unless you’re the sort who camps out on line for tickets, this probably makes sense.
But the Yankees are kind of the exception, are they not? Some playoff teams will go down to the wire simply to sell out a division series game. Happens every year. Even those who do sell out don’t do so immediately. If you wait a bit for, say, the Rangers to clinch and then act relatively quickly after they do, you’ll almost certainly be able to get face value seats without having to pay Bud Selig his vigorish.
But maybe the best part of this is the fact that MLB is opening up this fantastic opportunity for every single team. Really: check out the order page. You can, with a couple of clicks, pay Major League Baseball as much as $90* for tickets to see the Pirates in the Division Series, NLCS and World Series! Or the Orioles! Or the Astros!
I’m going to put a little reminder on my calendar, but to make sure I don’t forget, someone remind in September to ask Major League Baseball how much money they made on these playoff ticket licenses for crappy teams. I bet the number won’t be staggering, but I bet it won’t be zero either.
*The breakdown: $10 for each ticket for the Division Series, $15 for the League Championship Series and
$20 for the World Series with a maximum purchase of two tickets per series per household. So it would cost $90 now
if you wanted to reserve two tickets for one game of all three possible
Mitt Romney built his professional life in Massachusetts and was once the governor of the state. As such, it is not surprising that he has long identified as a Red Sox fan. So this has to be troubling to him from a fan’s perspective. From Jon Heyman:
The Romney family is bidding to buy a small stake in the Yankees months after their try for the Marlins stalled. If the deal goes through, it is expected to be $25 million to $30 million per percentage point and thought to be interested in one or two percentage points. The Yankees are valued around $3 billion or more.
The effort is being led by Mitt’s son Tagg, one of his brothers and their business partners. Mitt’s spokesman tells Jon Heyman that he has nothing to do with it personally. Tagg Romney is reported to have been planning a bid for controlling interest in the Marlins, but that has fallen through.
I find this interesting insofar as the M.O. for the Steinbrenners has, for years, been to buy out minority shareholders in the Yankees, not seek more. Indeed, when George Steinbrenner bought the Yankees back in 1973 he held just a bare controlling interest and there were a ton of silent partners, most of which were back in Ohio and knew Steinbrenner from his shipping business. I’ve personally gotten to know some of them over the years as there are a handful of them in Columbus and I crossed paths with them in my legal career. They have almost all been bought out in the past couple of decades. They still get season tickets and World Series rings and stuff. You can tell them by their personalized Yankees plates and the fact that, within the first ten minutes of meeting them, they will tell you that they once owned a piece of the Yankees but got pushed out.
In light of all of that it’s interesting that the Steinbrenners are once again accepting bids for small stakes in the team. Especially from someone whose interest in controlling the Marlins suggests that they do not consider it to be a mere vanity investment. Makes me wonder what the Steinbrenners’ long term plans are.
The Nationals will be many people’s favorites in the NL East this season. Not everything is looking great, however. For example, their ace — defending NL Cy Young winner Max Scherzer — can’t even throw fastballs right now.
The reason: the stress fracture he suffered last August is still causing him problems and Scherzer is unable to use his fastball grip without feeling pain in his right ring finger. He will throw a bullpen session tomorrow, but will only use his secondary stuff.
Scherzer has not been ruled out for Opening Day — the fact that he is throwing some means that his timetable isn’t totally on hold — but you have to figure, at some point, not being able to air things out and use his heater will lead to some problems in his spring training routine.