On the New York Yankees, that is:
“I am going to start looking around. Teams are getting better and there
are teams interested. I can’t wait
forever and I am sure [the Yankees] are trying to figure things out. I
have to be ready . . . Matt Holliday, the stuff on him is starting to pick up. And wherever Bay doesn’t end up will open a
door for me.”
This sounds an awful lot like my kids when they threaten to run away from home. “I’m really goin’, you watch . . . I’m walkin’ to the door . . .I’m puttin’ my hand on the handle . . . I’m turnin’ the handle . . . I’m about to run away . . . here I go . . .”
My kids always come back and eat their vegetables. Johnny Damon will come back and take his two year deal. I let my kids douse the veggies in ranch dressing to make it more palatable. I suppose the Yankees will build in some elaborate vesting option to do the same for Damon. But really: my kids ultimately have to do what I say, and Damon ultimately wants to stay in New York. The Yankees and I have all the cards in our respective transactions.
Even Drellich of The Athletic reports that the Boston Red Sox are cutting the pay of team employees. Those cuts, which began to be communicated last night, apply to all employees making $50,000 or more. They are tiered cuts, with people making $50-99,000 seeing salary cut by 20%, those making $100k-$499,000 seeing $25% cuts and those making $500,000 or more getting 30% cuts.
Drellich reported that a Red Sox employee told him that “people are livid” over the fact that those making $100K are being treated the same way as those making $500K. And, yes, that does seem to be a pretty wide spread for similar pay cuts. One would think that a team with as many analytically-oriented people on staff could perhaps break things down a bit more granularly.
Notable in all of this that the same folks who own the Red Sox — Fenway Sports Group — own Liverpool FC of the English Premier League, and that just last month Liverpool’s pay cut/employee furlough policies proved so unpopular that they led to a backlash and a subsequent reversal by the club. That came after intense criticism from Liverpool fan groups and local politicians. Sox owner John Henry must be confident that no such backlash will happen in Boston.
As we noted yesterday, The Kansas City Royals, who are not as financially successful as the Boston Red Sox, have not furloughed employees or cut pay as a result of baseball’s shutdown in the wake of the COVID-19 pandemic. Perhaps someone in Boston could call the Royals and ask them how they managed that.