This is not a surprise because we all know the Yankees are a friggin’ cash cow, but just saying that is one thing. Seeing the real numbers is a different deal altogether. Get this report from CNBC’s Darren Rovell:
A revised bond rating issued by Standard & Poor’s today provides an
in-depth look at the New York Yankees’ 2009 revenues and it reveals that
the champions grossed $397 million in ticket revenue, including $72
million on the postseason alone.
In other words, the Yankees’ postseason ticket revenue alone brought in enough money to cover the payroll for 12 Major League teams this year.
Rovell goes on to report that the Yankees are suspected to take in about $600 million. Even with a $200 million payroll, a luxury tax of $25 million and however much they pay in revenue sharing, they’re still able — if they choose to anyway — buy and sell more or less anyone they want.
That they have actually instituted something which approaches a budget in the past couple of years is fairly sobering. I mean, according to Rovell, the Yankees entire season-long ticket revenue was $52 million in 1997 and $157 million in 2005. Now that they’ve more than doubled that latter figure without raising the payroll that much, where is all that extra money going?
I have this image of a Bond villain or Cobra Commander-style island fortress being constructed somewhere. I have this image of the Yankees achieving nuclear capability before Iran does. I’d quote that “Minnie the Moocher” lyric about a diamond car and a platinum wheel again if I hand’t just done it yesterday.
Giants and Brandon Belt have an arbitration hearing scheduled for Wednesday
Brandon Belt filed for $7.5 million and was offered $5.3 million by the Giants when arbitration figures were exchanged last month. That’s a pretty sizable gap. While there’s still a chance that an agreement will be worked out at the last minute, Henry Schulman of the San Francisco Chronicle reports that an arbitration hearing is scheduled for Wednesday.
The Giants haven’t gone to an arbitration hearing since 2004, when they lost to catcher A.J. Pierzynski. Schulman hears from one person involved that because of the gap between Belt and the Giants, there’s a real chance this will break that string and require a hearing.
Belt batted .280/.356/.478 with 18 home runs and 68 RBI over 137 games in 2015, but he dealt with concussion symptoms for the second straight season. An arbitration hearing could bring some unpleasant conversation to the surface.
Schumaker, who turned 36 last week, has spent the last two seasons with the Reds. He batted .242/.306/.336 with one home run and 21 RBI over 131 games last season while making starts between all three outfield spots and second base. Cincinnati cut ties with him in November after declining a $2.5 million club option for 2016.
While Schumaker had to settle for a non-guaranteed deal here, it would be no surprise to see him land a bench job with the Padres come Opening Day.
After Ruben Tejada suffered a fractured right fibula on a takeout slide from Chase Utley during the playoffs, there was momentum for a new rule about slides at second base. We haven’t heard much about it since the Owners’ Meetings in November, but ESPN’s Buster Olney reports that talks between MLB and the players’ union are making progress and a change is expected for the 2016 season.
The exact wording of the new rule is still unclear, but Olney hears that there’s a focus toward “ensuring that sliding runners either touch the base or make an effort to touch the base.” Below are some more details:
Sources said that in the union’s internal discussions, players made it clear they had been taught since they first began playing baseball to go into second base with the intent of breaking up double-play attempts. Although the union wants to improve safety for middle infielders, it does not want to eliminate players’ aggressiveness on slides or the ability to break up a double play.
However, there is a desire on both sides to eliminate slides on which a baserunner goes beyond the effort to reach second to make contact with middle infielders.
There’s already a rule in place for a situation like we saw with Utley, but it’s rarely, if ever, enforced. It’s unfortunate that Tejada’s fractured fibula had to be the catalyst for change or clarification with the rules, but hopefully this will result in fewer injuries in the future. Similar to the “Buster Posey Rule” for plays at home plate, get ready for life with the “Chase Utley Rule.”
Here’s the video of the Tejada/Utley play:
And here’s the video of another high-profile play from 2015 which resulted in a torn lateral meniscus and a fractured tibia for Pirates infielder Jung Ho Kang:
UPDATE: Jason Beck of MLB.com confirms that it’s a two-year, $18.5 million deal.
8:00 p.m. ET: Chris Cotillo of MLB Daily Dish reports that the Tigers have avoided arbitration with outfielder J.D. Martinez by agreeing to a two-year contract. No word yet on the terms involved, but Robert Murray of Baseball Essential reported earlier today that he was hearing rumblings about a two-year, $18.5 million deal.
Martinez filed for $8 million and was offered $6 million by the Tigers when arbitration figures were exchanged last month. There has been some talk about a long-term extension, but we heard last week that the two sides were discussing both one- and two-year deals. This new deal will buy out Martinez’s final two years of arbitration, so as of now, he’s still on track to go into free agency after 2017.
After a breakout 2014, Martinez batted .282 with 38 home runs and an .879 OPS over 158 games last season.