Hal Steinbrenner

Forbes’ annual franchise valuations are out


Sticking with Forbes, we link for your pleasure its annual list of baseball franchise valuations.  You’ll be shocked to learn that the continued uncertainty at backup catcher and fifth starter has not negatively impacted the value of the New York Yankees. They’re still number one. When you combine the team’s revenues with it’s interest in the YES Network and its Legends Management arm which manages the ballpark, the Yankees — as an overall enterprise, not just the team itself — are worth an astounding $5.1 billion.  Yeah, I think they’ll be able to keep Sabathia if he opts out of his contract this fall.

But it’s not just the Yankees. Overall, the state of franchise valuation is strong:

The average MLB franchise is now worth $523 million, an all-time high and 7% more than last year. All of the league’s teams rose in value except for three: the New York Mets, San Diego Padres and Cleveland Indians. The increase in team values is the result of greater revenue for teams playing in new stadiums, like the New York Yankees (up 6% in value to $1.7 billion) and Minnesota Twins (up 21% to $491 million) as well as the Florida Marlins (up 13% to $360 million), who are scheduled to move into their new stadium in 2012.

And I would presume that the Mets valuation will slingshot back up if and when the team is sold to more solvent ownership.

People always wonder why someone would want to buy a Major League team given the big salary obligations and, for many teams anyway, the lowish annual revenues. The answer is appreciation of the asset which — in addition to being an ego-gratifying little jewel to own — happens to appreciate at a nice steady rate even during economic downturns.

Franchise appreciation and subsequent sale is where the real money is. Unless you’re in Cleveland and San Diego, anyway. And unless you have franchise crippling debt.

Breitbart gives Curt Schilling a radio show to fight the Clinton criminal conspiracy

NEW YORK, NY - APRIL 27:  Former ESPN Analyst Curt Schilling talks about his ESPN dismissal and politics during SiriusXM's Breitbart News Patriot Forum hosted by Stephen K. Bannon and co-host Alex Marlow at the SiriusXM Studio on April 27, 2016 in New York, New York.  (Photo by Cindy Ord/Getty Images for SiriusXM)
Getty Images

Former major league pitcher and recently unemployed baseball commentator Curt Schilling has a new gig. He will be joining Breitbart News as the host of a daily online radio show during which he will offer political commentary and take calls from listeners. The radio show will be called “Whatever it Takes.”

The press release describes the show as, “Schilling’s unfiltered and insightful commentary on a mix of topics ranging from politics and culture to current affairs and perhaps some sports.”

Here’s Schilling’s take on it all, again, from the press release:

“God places things in our lives for specific reasons. After being fired by ESPN for my conservative opinions, I arrive here at Breitbart News, which I consider the last bastion of actual journalism. Yes, it’s openly conservative, but as much as liberals despise us they can’t deny the facts behind the arguments. This is the most important election of our lifetimes and under no circumstances can we allow a career criminal to be put in the Oval Office . . . I am proud to be a part of a team that will continue to point out the very thing that’s ruining this country: liberal, progressive, socialist agenda driven by the elite globalist connected to American politics and the Clinton family.”

That’s special. And I suspect the sorts of people who tell Bill and me to “stick to sports” won’t be doing the same to Schilling. Which is fine. I’m all for letting a thousand freak flags fly.  And Schilling’s is one of the freakiest.

In other news, Schilling tried to organize a Donald Trump rally over the weekend at Boston’s city hall. About 15 people showed up for it. Good luck with those radio ratings, Curt.

World Series umpiring crew announced. Hi, Joe West!

ST. LOUIS, MO - SEPTEMBER 12: Manager Joe Maddon #70 of the Chicago Cubs is ejected from the game in the ninth inning by umpire Joe West #22 at against the St. Louis Cardinals Busch Stadium on September 12, 2016 in St. Louis, Missouri.  (Photo by Dilip Vishwanat/Getty Images)
Getty Images

Major League Baseball has announced the umpiring crew for the World Series. John Hirschbeck is the crew chief. It’s his fifth World Series assignment, third as a crew chief.

A surprising name on the crew is Joe West. It’ll be his sixth World Series overall, but first since 2012. There had been chatter for several years that Major League Baseball was making a more concerted effort to get its best umpires into the World Series more often while minimizing the appearances of its weakest umpires. Most assumed West’s absence from the Fall Classic in recent years, despite his seniority, was a function of that. Maybe they’re still making merit a priority and maybe West has just improved? I’ll leave that for you to judge.

Anyway, here is the lineup of umps for Game 1. They will rotate after that, of course. If the series goes six games, Cowboy Joe will be calling the balls and strikes:

Home plate: Larry Vanover
1B: Chris Guccione
2B: John Hirschbeck
3B: Marvin Hudson
LF: Tony Randazzo
RF: Joe West
Replay Official for Games 1-2: Sam Holbrook (with assistance from Todd Tichenor)
Replay Official for Games 3-7: Larry Vanover (with assistance from Todd Tichenor)