The Yankees basically print money

13 Comments

This is not a surprise because we all know the Yankees are a friggin’ cash cow, but just saying that is one thing. Seeing the real numbers is a different deal altogether. Get this report from CNBC’s Darren Rovell:

A revised bond rating issued by Standard & Poor’s today provides an
in-depth look at the New York Yankees’ 2009 revenues and it reveals that
the champions grossed $397 million in ticket revenue, including $72
million on the postseason alone.

In other words, the Yankees’ postseason ticket revenue alone brought in enough money to cover the payroll for 12 Major League teams this year.

Rovell goes on to report that the Yankees are suspected to take in about $600 million.  Even with a $200 million payroll, a luxury tax of $25 million and however much they pay in revenue sharing, they’re still able — if they choose to anyway — buy and sell more or less anyone they want.

That they have actually instituted something which approaches a budget in the past couple of years is fairly sobering.  I mean, according to Rovell, the Yankees entire season-long ticket revenue was $52 million in 1997 and $157 million in 2005.  Now that they’ve more than doubled that latter figure without raising the payroll that much, where is all that extra money going?

I have this image of a Bond villain or Cobra Commander-style island fortress being constructed somewhere. I have this image of the Yankees achieving nuclear capability before Iran does.  I’d quote that “Minnie the Moocher” lyric about a diamond car and a platinum wheel again if I hand’t just done it yesterday.

MLB executive: Bruce Maxwell’s kneeling may keep him from finding work, not his arrest

Rick Yeatts/Getty Images
27 Comments

In September 2017, former Athletics catcher Bruce Maxwell became the first major league player to kneel during the national anthem, joining the handfuls of NFL players who had been doing the same to protest police brutality and racial inequality. Maxwell’s effort was laudable, but he got into trouble a month later when he was arrested for aggravated assault with a deadly weapon and disorderly conduct. Maxwell allegedly pointed a gun at a food delivery person.

Maxwell, 27, played sparingly for the Athletics in 2018 and then was designated for assignment at the beginning of September. He officially became a free agent on November 2 and has had trouble finding work in the month-plus since.

Susan Slusser of the San Francisco Chronicle reports that Maxwell fired his agent, Matt Sosnick on Thursday because he’s still jobless. According to an unnamed MLB executive Slusser spoke to, “It’s the kneeling thing that might keep him from getting another job, not the arrest. Owners aren’t going to want to deal with that whole anthem issue.”

That makes a lot of since since abusive players haven’t had too much trouble finding new work otherwise. Addison Russell, Jeurys Familia, and José Reyes, among others have either stayed with their teams or quickly found new work. Given the relatively weak catching market, had Maxwell only had the assault charge, there is no doubt he would have been signed to be a backup catcher somewhere.

In the NFL, Colin Kaepernick — who popularized kneeling during the anthem — has remained unsigned even though teams have opted to sign and start clearly inferior quarterbacks like Mark Sanchez, Josh McCown, Ryan Fitzpatrick, Jay Cutler, Matt Barkley, and Sam Bradford, among many others. Team owners tend to run conservative in terms of politics, so they may not like the protest to begin with, then there is the public blowback to signing such a player as those who dislike such protesting make up a slight majority in the U.S., according to various polls including one done by the Washington Post.

It’s worth noting that Maxwell has a career .240/.314/.347 triple-slash line in 412 plate appearances. We’re not talking about J.T. Realmuto or Buster Posey here. That being said, there have been 15 other catchers to have put up a lower aggregate OPS since 2016 (min. 400 PA). One of those players, Derek Norris (.600 OPS since 2016), signed a minor league contract with the Tigers just three months after being suspended by Major League Baseball for violating its domestic violence policy. Makes you think.