Money Bag

The New TV deals are going to be a windfall of all 30 teams

39 Comments

Let’s put that new ESPN rights deal in context.

While each team keeps its own local broadcast money, national TV money is split equally among all 30 teams. I’m assuming MLB gets the vig, so it’s not all divided up, but we’re just dealing with rough numbers here.

Beginning in 2014, ESPN’s annual payment for MLB rights will jump from around $306 million to $700 million a year. Meaning that the annual payment to each team will jump from just over $10 million to around $23 million.  That’s $13 million more in each team’s pocket per year starting in 2014, though the ESPN deal alone.

Now, figure that there will be at least similar and perhaps greater proportional annual bumps for the deals currently held by Fox and TBS. Which are bigger money overall given that they include the playoffs. And that’s assuming that baseball and their would-be network partners don’t get creative and add in a new broadcast product of some kind.  Figure then, what, $25 million more a year on top of the ESPN bump?  $40 million?  With numbers going they way they’re going right now, it’s entirely possible. The upshot of all of this means that, without doing a single thing, each major league team is looking at an increased cash payment of, at minimum, $40 million. Probably much more. Just for the national TV rights increase.

Put differently: the Dodgers seemingly insane assumption of the Carl Crawford, Josh Beckett and Adrian Gonzalez contracts will basically be paid for out of TV money eventually. The vast majority of the entire 2012 payroll for teams like the Padres, A’s, Rays, Astros and Royals will be covered.

It’s a new world out there. Or will be soon.

No structural damage found in Andrew Benintendi’s knee

ST. PETERSBURG, FL - AUGUST 24:  Shortstop Matt Duffy #5 of the Tampa Bay Rays tags out Andrew Benintendi #40 of the Boston Red Sox after Dustin Pedroia grounded into the double play  during the seventh inning of a game on August 24, 2016 at Tropicana Field in St. Petersburg, Florida. (Photo by Brian Blanco/Getty Images)
Getty Images
6 Comments

Good news in Boston: An MRI on Red Sox outfielder Andrew Benintendi‘s left knee revealed no structural damage.

Benintendi slipped while trying to avoid a tag at second base, injuring his leg, but it appears he’s avoided a serious injury. A timetable for his return isn’t known at this point, but the Red Sox expect to get him back before the end of the season.

Benintendi is hitting .324/.365/.485 with a homer and ten RBI in 21 games.

Carlos Ruiz leaves a goodbye note for the Phillies

CLEARWATER, FL - FEBRUARY 26:  Carlos Ruiz #51 of the Philadelphia Phillies poses for a portrait on February 26, 2016 at Bright House Field in Clearwater, Florida.  (Photo by Elsa/Getty Images)
Getty Images
8 Comments

And then there was one. One player from the 2008 World Series champs, that is. Ryan Howard likely isn’t going anywhere so he’ll be the last one to turn the lights off, but today Carlo Ruiz bid adieu to the Phillies following his trade to Los Angeles.

Lost in all of the emotions the Dodgers are reported to be feeling about A.J. Ellis leaving is the fact that Ruiz was one of the most beloved Phillies players ever, by both his teammates and their fans. Yesterday Roy Halladay penned a heartfelt goodbye to Ruiz, suggesting that he was every bit as essential to his and the Phillies’ success as Ellis has been to Clayton Kershaw (and in pure baseball production, obviously, quite more).

Today Chooch left a message for his now former teammates: