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.
Veteran utilityman Reid Brignac is in camp with the Astros on a minor league deal. The 31-year-old is close to being done as a major leaguer as he owns a career .219/.264/.309 triple-slash line across parts of nine seasons. In an effort to prolong his big league career, Brignac is now attempting to become a switch-hitter, MLB.com’s Brian McTaggart reports.
I’m going to try it out this year. It was something that I just thought long and hard about and I was like, ‘OK, I’m going to try and see how it goes.’ I used to switch-hit when I was younger off and on, nothing consistent. I could always handle the bat right-handed. I play golf right-handed, so I do a lot of things that way that feel natural.
I just want to get to the point where I’m trying to stay in games, not get pinch-hit for, not starting games because a lefty is starting. … That could help me stay in the games longer. I’m trying to add a new element. I play multiple positions and now if I can switch hit and be consistent at it, then that can only help me.
As Brignac mentions, he’s also verstile. He’s a shortstop by trade, but has also logged plenty of innings at second base and third base, and has occasionally played corner outfield.
There aren’t any examples — at least that I can think of — where players began switch-hitting late in their careers and actually succeeding in the major leagues. As the saying goes, you can’t teach an old dog new tricks. But here’s hoping Brignac bucks the trend.
Angels shortstop Andrelton Simmons fell off the map a bit last year due to a combination of the Angels’ mediocrity, Simmons’ lack of offense, and a month-plus of missed action due to a torn ligament in his left thumb.
Simmons is still as good and as smart as ever on defense. That was on full display Monday when the Angels hosted the Padres for an afternoon spring exhibition.
With a runner on first base and nobody out in the top of the second inning, Carlos Asuaje grounded a 2-0 J.C. Ramirez fastball to right field. The runner, Hunter Renfroe, advanced to third base. Meanwhile, Asuaje wandered a little too far off the first base bag. Simmons cut off the throw to first base, spun around and fired to Luis Valbuena at first base. Valbuena swiped the tag on Asuaje for the first out of the inning.