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Archive for the ‘Business and Finance’ Category

As early as last June, the entity that owns the parking garages around Yankee Stadium was facing significant economic distress. Despite raising rates (off inflated prices in 2009), the Bronx Parking Development Company reported dwindling revenues for the 2010 season. As a result, it was forced to use its debt reserve to make interest payments […]

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Move aside Barry Bonds. Fred McCourt is one of the most vile, reprehensible men in the history of baseball. At least that seems to be the popular sentiment expressed in the wake of Bud Selig’s decision to wrestle away control of the Los Angeles Dodgers. It’s impossible to deny, not to mention excuse, the abuses […]

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Sparsely attended ballparks have been a relatively common sight at the start of this baseball season, which has inevitably led to the obligatory round of articles lamenting the sport’s decline. Instead of jumping to a knee jerk conclusion, CNBC’s Darren Rovell actually took a look at the early season attendance figures and reported only a […]

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Yankees’ manager Joe Girardi has been making waves of late…radio waves that is. Over the past two weeks, the Yankees’ manager has caused such a stir in radio circles that even Heinrich Hertz would be impressed. At the beginning of March, WFAN afternoon host Mike Francesa announced that Girardi would be expanding his weekly appearance […]

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Among baseball teams, the Cleveland Indians have been at the forefront in embracing social media. Instead of taking a combative position toward platforms like blogs, Facebook and Twitter, the Indians have actually gone out of their way to not only encourage, but support them. It’s time for the rest of baseball to follow their lead. […]

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(In addition to appearing at The Captain’s Blog, this post is also being syndicated at TheYankeeAnalysts.) Ever since “Moneyball” was published in 2003, authors have been lining up to tell the next best tale of mind triumphing over money when it comes to building a winning baseball team. Michael Lewis’ controversial look inside the front office […]

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Before buying a majority stake in the Houston Astros, John McMullen was a limited owner of the New York Yankees. When asked to describe his role with the team, McMullen once famously said, “There’s nothing so limited as a limited partner of George Steinbrenner.” In truth, the same could be said for just about any sports franchise. Over […]

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