- This topic has 176 replies, 23 voices, and was last updated 4 hours, 8 minutes ago by
.
-
Posts
-
It’s my guess that the majority of these tremendously wealthy guys view their baseball team as a toy that they can entertain themselves with. They’re not too obssessed with any enormous type of fiscal gains. Obviously it’s a good investment, but it’s not at all unlike your average guy who owns a ’69 Yenko Chevelle SS. You polish it up, tinker with it, spend some money to upgrade the powerplant and suspension and drive it around the neighborhood from time to time to show it off. It can’t help but to increase in value and it’s nice to have out there in the garage to look at, admire, and think about how lucky you are to own that sort of a neato-torpedo playtoy.
I think it’s funny that people think billionaires:
1) Don’t try to make money off their investments
2) Don’t understand basic finance
3) Don’t understand how to run a business profitablyI’ll give an example that was widely reported last year:
“The Pittsburgh Pirates, according to information received by the players union and confirmed by several owners, are one of the most profitable teams in all of baseball, stashing a huge chunk of their revenue sharing monies instead of investing in their team year after year,” Nightengale wrote.
New Angels Owner Stan Kroenke Has Already Made Nearly $20 Billion On His Sports Teams
I cannot believe that owners actually think that fans are so stupid that they would believe the owners want a salary cap for them, the fans. When have the owners ever placed the fan ahead of their profits?
It is too bad that Meyer has to clarify this like Captain Obvious, but it is apparently necessary.
Owners don't want a salary cap because they believe it's good for the fans, says @MLBPA Interim Executive Director Bruce Meyer.
"They want a cap system because it'll increase their profits, and they think it'll do the same for their franchise values." pic.twitter.com/RiPjSUZTm4
— Foul Territory (@FoulTerritoryTV) September 16, 2026
P.S. As I see it, the owners have every right to try to maximize their profits, just as the players have every right to fight for their side.
I’m interested in a salary cap as a way to improve competitive balance.
There are many, many factors involved but teams that have money to burn and are willing to set it on fire can (with competent management of course) stockpile more talent and paper over player injuries and busts much easier than ‘poor’ teams.
Money isn’t the end all be all but it sure is nice to have.
I wonder if the owners would agree to some sort of cap on the profits they earn? I think that’s fair…
Well, salary caps are usually set up as a percentage of league wide revenues
In the NFL under the current CBA, the players get 48% and the owners get 52% of the pie. Obviously both sides want the pie to be as big as possible.
It’s not about limiting the money the players get to some arbitrary number; it’s about deciding how to split up the total revenue pie and then each franchise has the same allowance to spend on players.
Now what I don’t know is how league wide revenues work in MLB vs the NFL. It may not be as neat and tidy in baseball.
Yes, I think there are different views of what is included in revenue. Further, I don’t think ownership is willing to open their books to ensure compliance. When there is so much money involved, there has be more rigor than “trust me”.
You can be assured that never, ever, ever at any time will ownership willingly open up their books to any sort of scrutiny unless they’re subjected to an official legal decree that places them under pain of suffering for an act of deliberate noncompliance…
MLB already has a soft salary cap. It is called the CBT. Unfortunately the penalties aren’t severe enough so the pragmatic approach would be to find a way to strengthen those penalties instead of shutting everything down for several months in pursuit of something that isn’t going to happen.
Los Angeles Dodgers owner Mark Walter is the subject of a class-action lawsuit alleging multiple insurance companies he owns hid an ongoing federal investigation from customers while funneling those customers’ money into Walter’s other companies.
Read for free:…
— The Athletic (@TheAthletic) September 18, 2026
I wonder if it somehow stacks with the allegation floated earlier that the Dodgers hid revenue from the MLB revenue sharing calculations.
These guys are all upright, forthcoming and candid anytime they sit down at the bargaining table. Not at all unlike the honest and upstanding duo of Bud “The Crook” Selig and Jerry “King of Collusion” Reinsdorf…Never would Walter, or any of them, dare to attempt anything underhanded, shady or criminal. Simply accept their character as trustworthy and accede approval…
The Pablo Torre video on the shell game that Mark Warner has been using to fund his other enterprises is fascinating. Former Marlins owner Brian Samson is interviewed as part of the segment and says that MLB was aware of some of the self-dealing, but it appeared to benefit the league since it inflated the value of the Dodgers (and gave other owners an inflated data point to use when valuing their own franchises). It’s terrific journalism and a worthwhile watch.
I have watched it LGB. I mentioned a few days ago how the owners were very happy with Walter when he bought the Dodgers at an inflated value because it helped their own values. Now they don’t seem to like him so much.
Per a source familiar with the wording of MLB's most recent CBA proposal, the proposal includes the following mechanisms for minimum payroll and salary floor. Words in, formatting of, and emphasis within the screenshot are mine, and used due to character limits: pic.twitter.com/QzEq4rPFBR
— Jon Becker (@jonbecker_) September 22, 2026
When is a floor not a floor? When you only have to be at 90% of it.
I get that over a 4 year period a team would have to average the floor but still…..
Making a distinction between minimum salary and minimum payroll is weird. Leave it to MLB to make things as complex as possible.
That snip talks about how teams will be required to handle the cash if they are under the salary floor, but does not say how the floor will be computed. Will it be a flat amount, or some percentage of total revenues?
I hope you understand…
I need these highlighted words by @ByMcCullough printed out on little cards that I can hand to everybody in the baseball industry for the next however many months. pic.twitter.com/GGg6UQrOAq
— Jared Diamond (@jareddiamond) September 24, 2026
⚾️ NEWS (w/@EvanDrellich ): Why because of the media rights deals 60 games will be a leverage point during the expected lockout.
Will the owners still be paid their $2B+ in rights even if there are no games?
Answershttps://t.co/vlzWiydlhY
— Andrew Marchand (@AndrewMarchand) September 25, 2026
- You must be logged in to reply to this topic.