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.
Cubs’ manager Joe Maddon hasn’t selected a fifth starter for his 2017 rotation yet, but told reporters that he could envision left-handers Brett Anderson and Mike Montgomery sharing the spot throughout the year. Neither pitcher was stretched out to the full 200-inning threshold last year, Maddon added, and suggested that the two could alternate innings out of the rotation and bullpen as needed (via MLB.com’s Carrie Muskat).
Anderson, 29, was acquired by the Cubs in January on a $3.5 million deal. He’s coming off a rough 2016, during which he underwent back surgery and missed all but 11 1/3 innings of his last season with the Dodgers. His last full, healthy year in the majors yielded a 3.69 ERA, 2.3 BB/9 and 5.8 SO/9 over 180 1/3 innings with Los Angeles in 2015.
Montgomery, meanwhile, is vying for a rotation spot after pitching almost exclusively from the bullpen during the second half of the Cubs’ 2016 run. The 27-year-old lefty put up a 2.82 ERA, 4.7 BB/9 and 8.9 SO/9 over 38 1/3 innings for Chicago last year, returning in the postseason to post a 3.14 ERA during the Cubs’ championship finish.
Maddon also mentioned the possibility of throwing a sixth starter into the mix, which would help prevent his other starters from getting overworked too early in the year. Either way, Anderson and Montgomery are expected to get a lot of looks early in spring training as rotation spots are finalized in the weeks leading up to Opening Day.
Orioles’ center fielder Michael Bourn is expected to be sidelined for four weeks while he rehabs a broken ring finger on his right hand, according to reports from the Baltimore Sun’s Peter Schmuck. Bourn broke the finger while playing catch with a football after a spring training workout.
The veteran outfielder re-signed with the club earlier this week on a minor league deal and was prepared to compete for a bench role this season. He’s in line to receive a $2 million salary if he makes the major league roster and can make an additional $3.5 million in incentives based on a set number of plate appearances. Now, however, his chances of cracking the roster out of spring training look considerably diminished, as his current timetable gives him an approximate return date of March 25 if all goes well.
Bourn had an impressive, if short-lived run with the Orioles following his trade to Baltimore last August, batting .283/.358/.435 with two home runs and a .793 OPS in 55 PA. While still somewhat removed from the totals that brought him an All-Star nod with the Braves in 2012, his defensive chops should give the Orioles some depth in center once he’s healthy again.