The Yankees basically print money

13 Comments

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.

The umps have dropped their Ian Kinsler protest

Getty Images
Leave a comment

Over the weekend the World Umpires Association — the umpire’s union —  launched a protest in response to what it feels is Major League Baseball’s failure to adequately address the “escalating attacks” on the men in blue. They were specifically upset that Ian Kinsler didn’t get suspended for his remarks in which he said that Angel Hernandez should get out of the umpiring business because he’s terrible. Apparently to umpires truth is no defense. In any event, they wore white wristbands Saturday night as a sign of solidarity or whatever.

Now that’s over, it seems. At least for the time being. The Association released this statement yesterday afternoon:

“Today, WUA members agreed to the Commissioner’s proposal to meet with the Union’s Governing Board to discuss the concerns on which our white wristband protest is based. We appreciate the Commissioner’s willingness to engage seriously on verbal attacks and other important issues that must be addressed. To demonstrate our good faith, MLB Umpires will remove the protest white wristbands pending the requested meeting.”

As many noted over the weekend — most notably Emma Span of Sports Illustrated — this protest was, at best, tone deaf. While officials are, obviously, due proper respect, a player jawing at an umpire is neither unprecedented nor very serious compared to, well, almost anything that goes on in the game or in society. At a time when people are literally taking to the streets to protest white supremacy, Neo-Nazis and the KKK, asking folks to spare thoughts for some people who sometimes have to take guff over ball and strike calls is not exactly a cause that is going to draw a ton of sympathy. And that’s before you address the fact that the umpires are not innocent when it comes to stoking the animosity between themselves and the players.

I wouldn’t expect to hear too much more out of this other than, perhaps, a relatively non-committal statement from Major League Baseball and a relatively detail-free declaration of victory by the umpires after their meeting.

 

Minor league teams prepare for a “total eclipse of the park”

Salem Volcanoes
1 Comment

The Salem-Keizer Volcanoes are a class-A affiliate of the San Francisco Giants. Today, the path of totality of the big solar eclipse we’re not supposed to look at will pass right through the ballpark in which they play. What’s better: the Volcanoes are playing a game against the Hillsboro Hops as it happens.

This was by design: the team’s owner requested this home game when the schedule was made up two years ago specifically to market the heck out of the eclipse. They’re starting the game at 9:30 this morning, Pacific time, in order to maximize the fun. Spectators will receive commemorative eclipse safety glasses to wear. The game will be delayed when the eclipse hits and a NASA scientist named Noah Petro, who is from the area, will talk to the crowd about what is going on.

Salem-Keizer isn’t the only minor league game affected, by the way. There are six games in all which will feature a “total eclipse of the park.” Turn around, bright eyes.

There are no home MLB games going on in the path of totality, but MLB has put together a helpful guide in order to maximize your baseball and eclipse pleasure. If you line up some good beer with that you’l have your very own national pastime syzygy.