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Archive for the ‘Business and Finance’ Category

Forget about WAR, FIP,  wOBA and other saber creations. EBITDA (earnings before Interest, Taxes, Depreciation and Amortization) is the metric baseball fans should get to know. The Chicago Cubs won the World Series in 2016, but, using EBITDA as a barometer, the Philadelphia Phillies had the last laugh, presumably on their way to the bank. According to Forbes’ annual […]

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The Dodgers opened up their wallets again this winter, but no one should be surprised. According to final payroll data reported by major league baseball, Los Angeles has retained its ranking as the game’s biggest spender for the third consecutive season. 2016 Final Payrolls Note: Final payrolls represent actual amounts spent (salaries, benefits, earned bonuses […]

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Most in the baseball media have declared management as the winner in the sport’s latest round of labor negotiations. Over the last two days, I’ve portrayed the outcome as a split decision by illustrating how the new CBA will do little to change the prevailing trends in the game. But, that begs the question: is […]

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Forbes has released its annual study of MLB’s financial landscape, and the results indicate the sport is enjoying many more fiscal peaks than valleys. According to the data, MLB added approximately 7% to net revenue and almost 10% in operating profit, while the league’s 30 franchises topped a combined valuation of $38 billion, or more […]

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Forget about Dodger Blue. Green is the new primary color in Los Angeles. The Dodgers may have come up empty handed in the postseason, but it wasn’t for lack of trying. In 2015, the organization spent over $290 million on player costs, which, combined with a luxury tax bill of nearly $44 billion, easily made […]

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Brian Cashman still has a lot of work to do. According to the Yankees’ GM , “there are still steps in the process” to take, but if his master plan precludes adding payroll, Cashman will have to subtract salary before adding more talent. USA Today recently reported that the Yankees’ actual payroll (AAV, not current […]

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Judging by the dwindling crowds at the Stadium and declining audience on YES, Yankees fans haven’t exactly bought into the excitement of the wild card race. For most of the year, but particularly over the last month, apathy has replaced the usual fervor in the Bronx. And, even with a chance to clinch a postseason […]

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