Cubs owner Tom Ricketts continues to cry poor

Tom Ricketts
Nuccio DiNuzzo/Chicago Tribune/Tribune News Service via Getty Images
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MLB owners and the MLB Players Association continue to hash out details, some in public, about a 2020 baseball season. The owners have been suggesting a shorter season, claiming that they lose money on every game played without fans in attendance. The union wants a longer season, since players are — as per the March agreement — being paid a prorated salary. Players thus make more money over the 114 games the MLBPA suggested than the 50 or so the owners want.

Cubs chairman Tom Ricketts has been among the more vocal owners in recent weeks, claiming that the coronavirus pandemic and the ensuing shutdown of MLB has greatly hurt MLB owners’ business. Speaking to ESPN’s Jesse Rogers, Ricketts claimed, “The scale of losses across the league is biblical.”

Ricketts said, “Here’s something I hope baseball fans understand. Most baseball owners don’t take money out of their team. They raise all the revenue they can from tickets and media rights, and they take out their expenses, and they give all the money left to their GM to spend.” Ricketts continued, “The league itself does not make a lot of cash. I think there is a perception that we hoard cash and we take money out and it’s all sitting in a pile we’ve collected over the years. Well, it isn’t. Because no one anticipated a pandemic. No one expects to have to draw down on the reserves from the past. Every team has to figure out a way to plug the hole.”

Pertaining to Ricketts’ claim that “the league itself does not make a lot of cash,” Forbes reported in December that, for the 17th consecutive season, MLB set a new revenue record, this time at $10.7 billion. In accounting, revenues are calculated before factoring in expenses, but unless the league has $10 billion in expenses, I cannot think of a way in which Ricketts’ statement can be true.

MLB owners notably don’t open their accounting books to the public. Because the owners were crying poor during negotiations, the MLBPA asked them to provide proof of financial distress. The owners haven’t provided those documents. Thus, unless Ricketts opens his books, his claim can be proven neither true nor false, and should be taken with the largest of salt grains. If owners really are hurting as badly as they say they are, they should be more than willing to prove it. That they don’t readily provide that proof suggests they are being misleading.

It’s worth noting that the Ricketts family has a history of not being forthcoming about their money. Cubs co-owner Todd Ricketts got into hot water last year after it was found he had used inaccurate information when paying property taxes. In 2007, he bought two properties and demolished both, building a new, state-of-the-art house. For years, Ricketts used information pertaining to the older, demolished property rather than the current property, which drastically lowered his property taxes. Based on the adjustment, Ricketts’ property taxes increased from $828,000 to $1.96 million for 2019, according to The Chicago Tribune. Ricketts also had to pay back taxes for the previous three years.

At any rate, the owners want to pass off the financial risk of doing business onto their labor force. As we have noted here countless times, there is inherent risk in doing business. Owning a Major League Baseball team has, for decades, been nearly risk-free, which has benefited both the owners and, to a lesser extent, its workforce. The pandemic has thrown a wrench into everybody’s plans, but the financial losses these last three months are part of the risk. Furthermore, when teams have done much better business than expected, the owners haven’t benevolently spread that wealth out to their players, so why should the players forfeit even more of their pay than they already are when times are tough?

Zack Britton’s season over, TJ surgery comeback out of time

Brad Penner-USA TODAY Sports
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NEW YORK — Zack Britton‘s season is over, his comeback from Tommy John surgery cut short after just three relief appearances for the New York Yankees.

New York put the 34-year-old left-hander on the 60-day injured list and selected the contract of right-hander Jacob Barnes from Triple-A Scranton/Wilkes-Barre.

Britton was removed after throwing a tiebreaking wild pitch in a 2-1 loss to Baltimore, an outing that lasted just nine pitches. The two-time All-Star had Tommy John surgery on Sept. 8, 2021, and made eight minor league injury rehabilitation appearances starting Aug. 24 and three big league appearances beginning Sept. 24. He threw 36 pitches to nine batters with a 13.50 ERA, six walks and one strikeout.

“Kind of running out of time here and having a little bit of fatigue last night, it’s like one of those things, you don’t want to power through that and reach for more and then do some damage as you’re coming back,” Yankees manager Aaron Boone said. “He’s in a good spot heading into the offseason.”

Britton had hoped to be able to help the Yankees in the postseason. He is eligible for free agency after the World Series.

“It’s just that final sharpness,” Boone said. “At this point in the season, just kind of up against it there. But he worked his tail off to put himself in this position and give himself an opportunity and certainly admire that.”

Barnes, 32, started the season with Detroit and was released on June 18 after going 3-1 with a 6.10 ERA in 22 relief appearances. He struck out 10 and walked nine in 20 2/3 innings.

Barnes signed a minor league contract with Seattle, made four relief appearances for Triple-A Tacoma, then was brought up by the Mariners and designated for assignment two days later without playing in a game. He refused an outright assignment, signed back with the Tigers and made five appearances at Triple-A Toledo. Released by the Mud Hens, he signed with Scranton on Aug. 30 and had a 2.25 ERA in 10 games for the RailRiders.

Boone said reliever Clay Holmes will not go on the IL after receiving a cortisone injection for inflammation in his right rotator cuff. If the Yankees had put Holmes on the IL, he would not be available for the Division Series.

After playing his first game since Sept. 4 and going 0 for 3, DJ LeMahieu said his injured right second toe felt fine. He is in a 2-for-41 slide.

“It felt good to play again,” LeMahieu said. “I felt like a baseball player.”

Matt Carpenter, sidelined since breaking his left toot on Aug. 8, ran on the field and will be among players reporting to training camp for Double-A Somerset, where there will be eight or nine pitchers. Boone anticipates Carpenter being available for the postseason as a pinch-hitter or designated hitter.

Right-hander Frankie Montas, sidelined since Sept. 16 by inflammation in his pitching shoulder, has resumed throwing.

“I don’t know about the Division Series,” Boone said, “more likely beyond.”