Attendance at Citizens Bank Park is way down

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Between 2008-12, the Phillies were among baseball’s best when it came to filling seats on their home turf. Citizens Bank Park seats about 43,650 and officially sold out 257 consecutive games dating back to July 2009.

The Phillies missed the playoffs for the first time since 2006 last year and GM Ruben Amaro’s tepid off-season gave fans very little to get excited about, particularly when you glance a bit south on I-95 to the Washington Nationals. As a result, attendance at Citizens Bank Park is way down thus far, as the Philadelphia Inquirer’s Matt Gelb reports:

The Phillies drew 513,147 fans for their first 14 home games in 2013. That is 117,031 fewer fans than in the first 14 games of 2012. Their average decrease of 8,359 fans per game is second-most in baseball; only the gutted Marlins are worse.

If the trend continues, it could have a serious effect on the team’s finances.

An average decrease of 8,359 fans projected to 81 home dates is a total loss of 677,079. The team’s average ticket price is $37, according to Team Marketing Report and Forbes. That could represent, on average, a $25 million loss in revenue. And that’s just in ticket revenue alone. When fewer people are in the ballpark, less money is spent on concessions and merchandise.

(Important note: Gate receipts used to be split between both participating teams but that is no longer the case, as of 2010.)

Since 2009, the Phillies have operated with one of baseball’s largest payrolls, north of $100 million. They owe $104.5 million to just six players in 2014. If attendance continues to fall, the Phillies may find it difficult to maintain a payroll in the $160 million area. With a barren Minor League system, their ability to field a competitive roster will become more difficult as well.

Texas Rangers ink free-agent ace Jacob deGrom to 5-year deal

Jacob deGrom
USA Today
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ARLINGTON, Texas — Free-agent ace Jacob deGrom and the Texas Rangers agreed to a $185 million, five-year contract Friday.

The two-time Cy Young Award winner leaves the New York Mets after nine seasons – the past two shortened by injuries.

After making his first start last season in early August, deGrom went 5-4 with a 3.08 ERA in 11 outings. He helped the Mets reach the playoffs, then opted out of his contract to become a free agent.

Texas announced the signing Friday night after the 34-year-old deGrom passed his physical. A person with direct knowledge of the deal disclosed the financial terms to The Associated Press. The person spoke on condition of anonymity because the club did not announce those details.

“We are thrilled that Jacob deGrom has decided to become a Texas Ranger,” executive vice president and general manager Chris Young said in a statement. “Over a number of seasons, Jacob has been a standout major league pitcher, and he gives us a dominant performer at the top of our rotation. One of our primary goals this offseason is to strengthen our starting pitching, and we are adding one of the best.”

Texas went 68-94 last season and then hired Bruce Bochy as its new manager. The Rangers’ six straight losing seasons are their worst skid since the franchise moved from Washington in 1972.

The Rangers were big spenders in free agency last offseason, signing Corey Seager ($325 million, 10 years) and second baseman Marcus Semien ($175 million, seven years).