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Archive for April, 2019

2018 was a banner year in the Bronx, at least from a financial standpoint. Although the Yankees didn’t perform as well on the field as fans might have hoped, the team’s accountants had plenty of reasons to celebrate. According to the latest Forbes study of the business side of baseball, the Yankees won a financial […]

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Major League Baseball’s financial fortunes continue to rise, as franchise values, revenues and operating profits all exhibited healthy growth in 2018, according to the latest Forbes survey of the game’s financial landscape. The top-line was augmented by continued increases in local and national television deals as well as new online opportunities for content, while the […]

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In Defense of the Strikeout

Strikeouts have taken over baseball like a plague. Or is it an epidemic? How about a crisis? All across the majors, “three strikes you’re out” has become an unwelcome routine at the old ballgame, and, early indications suggest there is no end in sight. Can baseball survive this assault on the aesthetic quality of the […]

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The Associated Press’ annual report on Opening Day payrolls set off another round of alarm bells in baseball circles. Despite the recent spate of long-term extensions and mega contracts paid to high profile young stars and elite free agents, the average salary was down…again! This revived concern about pending labor strife, and led some to […]

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