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San Jose is no panacea for the Athletics … how about New York?

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The A’s have been waiting about three years for Major League Baseball to clear their way to San Jose. At this point I’m wondering if it will ever happen. But even if it does, Neil deMause explains that San Jose is no pot of gold for the Athletics.

That’s because (a) the A’s would probably have to pay the Giants some $7-15$ million a year in territorial rights payoff money; and (b) because there are limits to how much more revenue a private ballpark in San Jose — on which Lew Wolff would have to pay a mortgage — could bring them:

According to Forbes, the Giants pulled in $230 million in revenue last year compared to the A’s $160 million. Let’s say that the San Jose market is strong enough that the A’s are able to turn themselves into Giants Lite, giving them $210 million a year. That $50 million-a-year bump would be enough to pay off Wolff’s $35 million in annual mortgage payments and checks to the Giants and give him $15 million to spare.

$15 million extra a year ain’t gonna pay for big free agents, which means that the A’s aren’t going to suddenly be a mega-competitive franchise the way some assume the will be simply by virtue of having a new stadium.

So what to do? deMause thinks what I’ve been thinking for some time: New York is the only answer:

New York City is a television market that’s triple the size of the Bay Area, and there are millions more households a short drive away in New Jersey and Connecticut. The New York metro area is the one market where a team owner could build a stadium with all the trimmings and end up with plenty of profit left over, thanks to the inevitable cable riches that would await.

Of course it isn’t happening because of the territorial rights thing. The Yankees and Mets would never allow it.

But the fact is, the territorial rights thing reflects a vastly different baseball economy — and a vastly different United States — than that which currently exist. Unlike in the mid-20th century, there are a not a ton of new cities growing like mad and demanding new teams like Los Angeles, Atlanta and Houston once did.  The pattern of growth has been existing cities — existing markets — growing ever larger.

The Yankees and Mets play in a city that is way better equipped to handle three teams than some markets are to handle one. Same goes for Chicago and Los Angeles, each of which have huge suburbs sprawling out their sides able to handle more baseball.

Except they’re not allowed to due to anachronistic territorial rights.

Jake Peavy is having a bad go of things right now

SAN FRANCISCO, CA - MAY 25: Jake Peavy #22 of the San Francisco Giants pitches against the San Diego Padres during the first inning at AT&T Park on May 25, 2016 in San Francisco, California.  (Photo by Jason O. Watson/Getty Images)
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Veteran hurler Jake Peavy has not signed with a team. It’s not because he’s not still capable of being a useful pitcher — he’s well-regarded and someone would likely take a late-career chance on him — and it’s not because he no longer wishes to play. Rather, it’s because a bunch of bad things have happened in his personal life lately.

As Jerry Crasnick of ESPN reports, last year Peavy lost millions in an investment scam and spent much of the 2016 season distracted, dealing with investigations and depositions and all of the awfulness that accompanied it. Then, when the season ended, Peavy went home and was greeted with divorce papers. He has spent the offseason trying to find a new normal for himself and for his four sons.

Pitching is taking a backseat now, but Peavy plans to pitch again. Here’s hoping that things get sorted to the point where he can carry through with those plans.

The AT&T Park mortgage is paid off

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This is fun: The San Francisco Giants recently made their last payment on the $170 million, 20-year loan they obtained to finance the construction of AT&T Park. The joint is now officially paid for.

The Giants, unlike most other teams which moved into new stadiums in the past 25 years or so, did not rely on direct public financing. They tried to get it for years, of course, but when the voters, the city of San Francisco and the State of California said no, they decided to pay for it themselves. They ended up with one of baseball’s best-loved and most beautiful parks and, contrary to what the owners who desperately seek public funds will have you believe, they were not harmed competitively speaking. Indeed, rumor has it that they have won three World Series, four pennants and have made the playoffs seven times since moving into the place in 2000. They sell out routinely now too and the Giants are one of the richest teams in the sport.

Now, to be clear, the Giants are not — contrary to what some people will tell you — some Randian example of self-reliance. They did not receive direct public money to build the park, but they did get a lot of breaks. The park sits on city-owned property in what has become some of the most valuable real estate in the country. If the city had held on to that land and realized its appreciation, they could flip it to developers for far more than the revenue generated by baseball. Or, heaven forfend, use it for some other public good. The Giants likewise received some heavy tax abatements, got some extraordinarily beneficial infrastructure upgrades and require some heavy city services to operate their business. All sports stadiums, even the ones privately constructed, represent tradeoffs for the public.

Still, AT&T Park represents a better model than most sports facilities do. I mean, ask how St. Louis feels about still paying for the place the Rams used to call home before taking off for California. Ask how taxpayers in Atlanta and Arlington, Texas feel about paying for their second stadium in roughly the same time the Giants have paid off their first.