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.

Javier Baez, D.J. LeMahieu have disagreement about sign-stealing

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Fellow second basemen Javier Baez of the Cubs and D.J. LeMahieu of the Rockies got into a disagreement in the top of the third inning of Sunday’s game at Coors Field over sign-stealing.

LeMahieu reached on a fielder’s choice ground out, then advanced to second base on Charlie Blackmon‘s single. While Nolan Arenado and Trevor Story were batting, Baez was concerned that LeMahieu was relaying the Cubs’ signs to his teammates. Baez decided to stand in front of LeMahieu to block any information he might have been giving to Arenado and Story. LeMahieu got irritated and the two jawed at each other for a bit. Umpires Vic Carapazza and Greg Gibson had to intervene to tell Baez to knock it off.

There has always been a back-and-forth with alleged sign-stealing. As long as teams aren’t using technology to steal signs, it’s fair game for players to relay information to their teammates about the opposing team’s signs. Last year, MLB determined the Red Sox went against the rules and used technology — an Apple watch in this case — to steal signs from the Yankees. Other teams in the past have been accused of using binoculars from the bullpen to steal signs. In this particular case with Baez and LeMahieu, there was no foul play going on, just Baez trying to make the Rockies cede what he perceived to be their slight competitive advantage.

The Cubs went on to beat the Rockies 9-7 on Sunday.