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Archive for the ‘Business and Finance’ Category

Major League Baseball has released official final payrolls along with the average annual value calculations used to determine the luxury tax, and once again, the Yankees sit near the top of each list. With a payroll of just over $208 million and tax bill approaching $16 million, the Bronx Bombers look like big spenders, but […]

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The Dodgers came within one game of winning the World Series, but they didn’t fall short in the final MLB payroll rankings. For the fourth straight year, Los Angeles led all teams with nearly $247 million spent on players, widening its lead over the Yankees as the sport’s top spender. 2017 Final MLB Payrolls Note: […]

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The Yankees began the off season trumpeting their intention to fall below the luxury tax threshold for the first time. With a superstar free agent class looming in 2018, avoiding the tax and resetting the penalty from 50% to 20% was deemed an economic imperative. So, what did Brian Cashman do? He traded for the […]

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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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