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Archive for the ‘Business and Finance’ Category

The Yankee dollar has been pushed aside by Dodger dough. For the first time since 2001, the Bronx Bombers did not end the year with Major League Baseball’s highest payroll. Instead, it was the Dodgers who were baseball’s biggest spender. And, it wasn’t even close. With a final payroll just over $257 million, Los Angeles […]

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Yesterday, I considered several reasons why Giancarlo Stanton’s new contract wasn’t folly on the part of the Marlins, but that was before the details of the mega-deal were announced. As it turns out, Stanton’s extension is heavily back loaded, making the new contract even more team friendly than first anticipated. Annual Breakdown of Giancarlo Stanton […]

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The Miami Marlins must be crazy. That seems to be the conventional wisdom in the wake of the franchise’s decision to commit $325 million dollars over 13 years to Giancarlo Stanton. But, is this reaction to an admittedly mind-boggling contract based upon sound analysis, or simply a visceral response to the exorbitant salaries of professional […]

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Despite suffering another mediocre year on the field, 2014 was a rebound year for the Yankees in terms of fan engagement. TV ratings on YES were up 15%, while attendance at Yankee Stadium jumped nearly 4%. However, these increases belie a longer-term trend in the opposite direction. Yankee Stadium Attendance, 2009-2014 Note: Dotted line is […]

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The 2014 Yankees have been one of the weakest teams in franchise history. Through 125 games, the Bronx Bombers have been outscored by 40 runs, the organization’s 11th lowest run differential over that span. Not only have the Yankees achieved mediocrity in terms of their record, but their aggregate performance suggests they have been very lucky to do so. In […]

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Forbes’ annual look at the business of baseball has become like a broken record…one that is music to the ears of the game’s 30 owners. According to Forbes’ 2014 survey, which is based on estimates for 2013, baseball franchises cumulatively increased in value by over $2 billion dollars, or nearly 9%. Compared to last year’s […]

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Plan $189 million is dead. Long live the Yankee dollar. The Yankees aren’t saying that, of course. On the contrary, just about every article dealing with the team’s free agent ambitions or acquisitions have been careful to cite anonymous sources who maintain the Yankees’ commitment to dipping below the luxury tax threshold. However, actions speak […]

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