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Archive for the ‘Business and Finance’ Category

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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With two walk off wins, the Bronx Bombers provided plenty of fireworks this holiday weekend, but the team’s results off the field were not as impressive. On July 1, the Yankees released an unaudited statement of 2014 cash receipts that showed a decline in ticket sales and suite licenses. According to the report, the Bronx […]

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Last year, the Yankees had one of the worst offenses in baseball. This year, the Bronx Bombers’ bats rank among the best. How has the team’s lineup improved so significantly without making a big offseason acquisition? There but for the grace of “bad contracts” go the Yankees. The Yankees’ offense has been revived because Mark […]

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The business of baseball is booming. In stark contrast to trite reports about the game’s demise that have been common for over a century, Forbes’ annual look at the financial health of major league baseball once again revealed a thriving enterprise with no signs of slowing down. According to Forbes’ 2015 survey, which is based on estimates […]

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The blackout is one of the best things to happen to baseball fans in the last 20 years. Although conventional wisdom regards MLB’s blackout policy as a scourge, the truth is much different. Blackouts, which are based on territorial exclusivity, are the foundation of the sport’s economic system, and, it’s because of them that most […]

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