A single-A team is selling for $40 million

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Eric Fisher of Sports Business Journal reports that the single-A Dayton Dragons are being sold by current owner Mandalay Baseball to a company called Palisades Arcadia Baseball. That’s not a big deal. Minor league teams sell all the time. What is a big deal is the price: $40 million, which Fisher says is the highest price ever paid for a minor league team.

Now, the Dragons are not your run-of-the-mill minor league teams. As Fisher notes, they have the longest sellout streak in the history of U.S. sports. They set the record in 2011 with their 815th straight sellout. It’s still going strong. In May they sold out their 1,000th straight game. While only a Midwest League team, their ballpark holds over 8,000 fans, which means that they draw more than just about every minor league team at every level. Usually only one or two Triple-A teams do better in overall attendance.

But still: sellouts or not, they are just a single-A team that can only charge single-A prices for tickets, beer and big foam fingers. Making that $40 million price tag pretty darn incredible. To put it in perspective, the Steinbrenner family bought the Yankees for $8.7 million in the early 70s. Current Phillies’ ownership bought that team in 1980 for $30 million. Current Twins ownership bought the team in 1984 for $44 million. Major league franchise prices have gone through the roof, but it wasn’t too terribly long ago when the price the Dragons’ current owners are getting was what you might expect to pay for a big league club.

But, for as interesting as this news is, let’s not allow it to make us lose sight of a couple of immutable facts: (1) Baseball is Dying, You Guys; and (2) Minor League Sports aren’t Very Successful.

Josh Donaldson is still seeking a long-term deal with the Blue Jays

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If it were up to him, Blue Jays third baseman Josh Donaldson would finish the remainder of his career in Toronto. In fact, he’d be “ticked pink” if the club decided to sign him to a long-term deal. Whether the Blue Jays share that sentiment is still unclear, as Donaldson said Saturday that the team has yet to engage his agent in extension talks.

“I’ve said that I wanted to be here,” he told MLB.com’s Gregor Chisholm. “That’s pretty much all I can say. I’m not the one who makes the decisions, nor would I try to put them in the position to do that. Like I said, I believe the situation will become more fluid when the time is right.”

That doesn’t necessarily mean an extension is out of the question. The Blue Jays reached an unprecedented one-year, $23 million agreement with the three-time All-Star in arbitration, and have been reticent to field trade offers despite continued interest from the Cardinals this winter.

Donaldson, 32, is poised to enter his eighth season in the majors and fourth with the Blue Jays. In 2017, he batted .270/.385/.559 with 33 home runs and a .944 OPS in 496 plate appearances, ranking sixth among all major league third baseman with 5.0 fWAR. He’s scheduled to enter free agency following the 2018 season.