Bye-bye regular season

23 Comments

I’m glad the last day of the season is happening on Ocotber 3. My favorite final day of the season in my lifetime happened on October 3. It was 1993. I spent that day in Cleveland, at the last game ever played at old Cleveland Municipal Stadium. The Tribe — with a young Albert Belle, Kenny Lofton, Jim Thome and Carlos Baerga — were taking on the first place Chicago White Sox. The Sox won 4-0, but the packed house — over 72,000 for a baseball game, which was insane — cheered like crazy anyway.

First they cheered for the fact that Belle beat out Frank Thomas for the RBI crown (this was before we all learned that RBI didn’t really matter). Then they cheered for the fact that Cleveland native Bob Hope ended the day by standing on home plate and singing “Thanks for the Memories.” He was a bit wobbly by 1993, but no one cared. It was a treat.

Another reason why October 3, 1993 was fantastic?  As I watched the Indians and the Sox do their thing, I was scoreboard watching. And what I watched was the Braves beating the the Rockies handily, as David Neid, alas, was bested by Tom Glavine. Meanwhile, as Bob Hope sang, the Dodgers-Giants game was underway, but not yet decided. It wasn’t until I got down to my friend’s parents house in Wooster for Sunday dinner that we learned — via radio, not the Internet because the Internet was something you used at the campus computer lab in those days and, really, where were you going to get scores on that thing anyway? — that the Dodgers won, ending the last of the great division title races.  Man, what a day!

We won’t have any parks filled with 77,000 people today. And, with all of the playoff participants decided, we have no win-or-go-home games left to play.  But we do have the A’s and Rangers facing off in a win-or-play-the-wild-card-game thing. And the Orioles and Yankees could still end in a tie, forcing extra baseball tomorrow.  That’s not nothing.

Also not nothing: the fact that, for the last time until next spring, we have a slate of 15 ballgames. And no matter how great the playoffs can be, they’re … different than regular season baseball. Things become more important and more pitched and intense and that’s good. But today does mean the end of easy going, relaxing baseball for baseball’s sake that characterizes so much of the regular season. And I’ll miss that, even as things get all crazy over the next month.

Bye-bye 2012 regular season. You were pretty darn good to us.

The Padres owners try to explain why they aren’t spending money

Getty Images
5 Comments

There was an interesting article in the San Diego Union-Tribune over the weekend about the Padres, their owners and their finances.

The article purports to be a rare look into the finances of a big league club. And yes, the owners opened their books, to a degree, to the writer of the story, talked about the team’s financial position, its debt and its approach to team payroll, past, present and future. The upshot: the team has had lots of debt, has had to do a lot of work to get out of that situation and now, with some restructuring out of the way, the club looks forward to spending more on players. Eventually. Like, maybe in 2020 or 2021.

On the one hand, yes, it’s actually got some good information in there! Some details about team finances you don’t often see. Which is totally cool as far as that goes. The problem is that the article doesn’t go nearly as far as it may seem and, in the end, is just a far more elaborate than usual excuse from a team about its failure to spend money.

The tell here comes from what is not mentioned as opposed to what is. For example, while it talks about how much is being spent on various things — baseball salaries, operating, marketing, etc. — nowhere does it talk about the owners’ own take. Rather, it leaves you with the impression that the owners haven’t seen a dime from the team in the several years that they’ve owned it. Color me extraordinarily skeptical about that. As we’ve seen with other clubs — most notably the Marlins, but most do it — broad categories such as “baseball operations” or “non baseball operations” often include substantial payments to owners in less-than-obvious line items. Payments to LLCs and partnerships for “consulting” or “management fees” or what have you. Do the Padres have similar expenditures? We can’t tell from this article, but it’s telling to me that they have spent about as much on front office/miscellaneous baseball ops stuff as player salaries over the past several years. A lot of that has been at building a strong minor league development system, but I’m guessing not all.

Similarly, there is an awfully large portion of the article aimed at telling the tale of the clubs’ massive debt and its restructuring. Yes, debt service can be a killer for liquidity, but it doesn’t really talk too much about the debt for its own sake. Such as the fact that (a) the current owners knew full-well of the debt they were inheriting from the previous owner, John Moores, when they bought the team; and (b) that by assuming the debt, their purchase price for the team was lowered, as it always will be in transactions that involve a lot of debt-assumption. The current owners have had the team since 2012. I don’t recall them telling the public then that there would be a near decade’s worth of swimming against the current of debt before they started paying for players. That’s never been in the season ticket brochure.

It’s also worth noting that, for as much as the debt restructuring is talked up in the story, it is saving the Padres only $8 million a year. They’ve been at least $60 million below the luxury tax threshold for several years now. It’s more than the club’s debt keeping them from spending money. It’s largely been a choice.

Again, none of which is to say that the article is not interesting in its own right. It certainly is. There is certainly more information here than one typically sees in an article about a team’s finances. But it is just partial information. Moreover, it seems to be aimed at justifying another year or two of non-contention to fans without satisfactorily explaining all of the many years of non-contention which preceded it. The Padres famously went all-in and spent some money on players in 2015. Why did that make sense then if this debt problem has been there all along? Why did they give Eric Hosmer over $100 million last year? The article wants to portray ownership as sober and responsible and prudent and use that to explain why the Padres have stunk on ice for a good long time, but it is not very convincing in communicating some consistent, rational thread from ownership.

That all of this comes at a time when clubs are being criticized for not spending money is no accident, I suspect. As such, I am choosing to read the piece for some interesting information it conveys while understanding that it has a pretty significant P.R. component to it as well.