UPDATE: Pirates president is overstating the team’s TV deal

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UPDATE: I spoke to a source with knowledge of the Pirates’ TV deal, and the source tells me that the deal is not in the top half of MLB TV deals in terms of average annual value. Far from it. If, as Coonelly says, the Pirates are in the top half of all deals it’s a function of some front-loading of the deal and that gave them a lot of TV money in 2013 and that, as time goes on, the deal will look worse and worse.

This definitely would reflect market size. And makes one wonder why Coonelly would be trying to talk up the TV deal as better than it really is.

10:20 AM: That is, if team President Frank Coonelly is being accurate here. Bob Smizik of the Post-Gazette reports Coonelly’s comments at a recent fan fest thing:

”Our TV contract places us in the top half of all Major League Baseball clubs even though our market ranks 27th out of 30. We are well positioned moving forward.”

This runs contrary to Wendy Thurm’s report at Fangraphs on team-by-team TV revenue and, frankly, runs counter to what most people would expect based on the size of the market. Is Root Sports overpaying the Pirates? Are all of the other other networks underpaying the teams they broadcast?

And, as Smizik wonders, is the Pirates payroll too low for a team making as much money as the Pirates are, accordng to Coonelly anyway, making? Smizik estimates that a top-half TV deal puts them in the $35 million to $40 million range on local TV money, not the $18 million to $20 million range Thurm and others estimate.

Interesting stuff about a topic that, increasingly, is dominating the discourse when it comes to the business of major league baseball.

Orioles “have begun fielding calls of interest” on Manny Machado

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Jon Heyman of FanRag Sports reports Thursday that the Orioles “are said to have begun fielding calls of interest” on superstar Manny Machado and “are close to the point of seriously weighing whether to trade him.”

You’d think it would be a no-brainer for the last-place O’s to flip Machado — an impending free agent — for prospects, but Heyman notes there is “still a question whether or not longtime Orioles owner Peter Angelos” will give the go-ahead. One person familiar with the situation put it a “50-50” likelihood. Another suggested that it would take a massive return, which, sure.

Machado entered play Thursday with a sensational .328/.405/.635 batting line, 15 home runs, and an MLB-leading 43 RBI in 49 games. It’d be a real shock if he’s still wearing an O’s uniform by the end of July.

Heyman reported previously that at least nine teams made aggressive plays for Machado this winter, including the Cubs, Phillies, Dodgers, Indians, Diamondbacks, Yankees, Red Sox, White Sox, and Cardinals. A whole lot of those teams still make sense here in late May — maybe all of them except the White Sox.