Lasix hur stor dos Casodex pris på apoteket Aldactone usa köpa försäljning Sarafem köpa Acticin på nätet köpa Celadrin på cypern kan man köpa Albendazole spanien köpa Lamictal inom eu flytande Synthroid dosering Indocin eljo pris beställa Atorlip-5 från thailand bästa pris på Allopurinol Trial Erection packs dosering föredrag Deltasone snabbast leverans köpa Gyne-lotrimin patong köpa Menosan online 2012 köpa Inderal på postförskott Naprosyn låg dos säkert att köpa Sarafem på nätet vart kan man köpa Lipothin dosering Anacin till hund pris på Nitrofurantoin i sverige köpa Evecare i barcelona köpa kvinnlig Yasmin Shallaki första dos Sildalis nervositet dos billig Flomax på nätet köpa Shuddha flashback 2015 köpa Arcoxia turkiet skillnad mellan generisk Brahmi var köpa äkta Haldol apotekets pris på Fluoxetine köpa Differin i spanien köpa Diovan inom eu beställa Neurontin på nätet Panmycin snabb leverans farligt köpa Haldol på nätet kan man beställa Nasonex behöver man recept för Aristocort köpa Colchicine på apotek köpa Lariam lagligt på nätet Pyridium och träning dosering köpa Dutas i london köpa Exelon tyskland köpa Paroxetine säkert på nätet Zovirax oral lösning pris beställa Zovirax på nätet köpa kvinnlig Kemadrin köpa äkta Flonase på nätet lägre pris på Digoxin köpa Avapro bangkok beställa Shallaki england kan man köpa Florinef på apoteket i spanien köpa Copegus rhodos beställa Aldactone utan recept Bonnispaz dosering första gången försäljning av Bupropion kan man köpa Paxil på teneriffa köpa Alli tjeckien köpa Zyrtec i barcelona Flagyl ER beställa beställa Ayurslim utan recept är det olagligt att beställa Viramune Pletal bra pris köpa Himcocid i phuket kan man köpa Brahmi i kroatien köpa Rosuvastatin på kanarieöarna Bonnispaz vet dosering pris Sominex apotek hjärtat köpa riktig Betnovate köpa Chloroquine flashback eljo Shallaki dimmer pris köp Ashwagandha utan recept beställa Aldactone olagligt recept för Maxalt kan man köpa Hoodia receptfritt hur beställa Trileptal vem vill köpa Artane köpa Vasotec online billigt hur kan jag köpa Coreg Alli duo leverans köpa Doxazosin i tallinn beställa billig Trimox beställa Neurontin på nätet flashback köpa Avana online sverige pris på Midamor på apoteket köpa Zestril på teneriffa Zebeta mot nervositet dos Bupropion billig köpa Elimite i turkiet köpa Apcalis i bangkok Minomycin köpa rekommenderad dos Advair köpa Dostinex amsterdam köpa Imuran grekland var beställa Inderal köpa Lipothin phuket eljo Pristiq dimmer pris köpa Nitrofurantoin på mallorca var kan man köpa Depakote säkert beställa Sarafem köpa Compazine på mallorca Fertomid utan recept Eldepryl gel recept köpa Ethionamide inrikes Yasmin på nätet utan recept säkra sidor att köpa Trandate köpa Zestril seriöst Vasotec generisk Vasotec skillnad köpa Ventolin i spanien köpa Copegus utan recept att köpa Rocaltrol i sverige beställa Entocort till sverige kan man köpa Bystolic på apoteket i spanien Seroquel pris gatan Prazosin dos nervositet tips köpa Zyvox Amoxil recept sverige köpa Tadacip oslo kan man köpa Yougara thailand köpa Voltaren online köpa Arava i riga i vilka länder kan man köpa Reminyl receptfritt köpa Rogaine 2 över disk köpa Furosemide estland Caverta op recept dödlig dos av Seroflo köpa Terramycin i stockholm köpa Penegra bangkok köpa Cefixime i oslo vad kan man köpa Cialis kan man köpa Kytril spanien köpa Hydrochlorothiazide i butik stockholm Compazine bästa pris kan man köpa Atarax i turkiet köpa Cialis köpenhamn försäljning av Trazodone beställa Slim Tea köpa generisk Sominex online generisk Terramycin snabb leverans kan man köpa Furosemide receptfritt i spanien Dramamine rekommenderad dos våga köpa Slimex på nätet Toprol recept var köpa Trimox flashback köp billig Fucidin kan man köpa Hydrochlorothiazide på teneriffa Glycomet tabletter pris sverige köpa Hydrochlorothiazide alanya köpa Ventolin på mallorca köpa Cefadroxil i sverige flashback Imdur dosering vuxna köpa Imdur säkert på nätet köpa Amitriptyline på rhodos Xenical vägguttag pris är det lagligt att köpa Metoclopramide på nätet köpa Peni Large seriöst Ampicillin dosering ångest köpa Bupron SR i tallin Tinidazole köpa sverige pris Bactroban på apoteket Mobic vilken dos Valtrex dosering rampfeber Noroxin beställa container köpa Cyklokapron orifarm köpa Acivir malmö Forzest sverige snabb leverans köpa Detrol köpenhamn köpa Lisinopril i spanien lägsta pris på Menosan recept för Slim Tea kan man köpa Trental i turkiet pris på Cozaar sverige köpa Serevent säkert online köpa Isoniazid gel generisk Cleocin biverkningar att köpa Albendazole i sverige Exelon bra pris att köpa Lamictal i sverige köpa jord Pilex köpa generic Alli hur får man Micardis på recept Arimidex utan recept i sverige billig Zenegra på nätet köpa Antabuse sverige flashback behövs recept för Celexa i spanien Arcoxia dos första gången Cipro recept sverige kan man köpa Indocin i grekland måste man ha recept för att köpa Vytorin köpa äkta Forzest på nätet pris på Minocycline i sverige lagligt köpa Amantadine köpa Metoclopramide postförskott Slim Tea duo leverans vågar man köpa Zithromax på nätet köpa Himcolin lagligt köpa Dipyridamole från england lägsta pris på Silvitra beställa Sominex på internet Caverta k dosering vart kan jag köpa Lynoral bästa stället att köpa Benadryl på bästa stället att köpa Apcalis på pris Ophthacare sverige köpa blå Innopran Endep dosering till katt köpa Triamterene jelly köpa Effexor i italien Bactrim pris apoteket Clozaril op recept köpa Requip 10mg Minocycline nervositet dos Trandate dosering föredrag Keppra dosering första gången köpa Zestoretic i ungern köpa Elimite på nätet lagligt köpa Zovirax på apotek kan man köpa Rocaltrol på apoteket i spanien billig Claritin snabb leverans lagligt köpa Eldepryl köpa Eurax barcelona vart ska man köpa Cytoxan köpa Diakof tabletter Zanaflex dosering till katt apoteket hjärtat Rosuvastatin pris köpa Evista lagligt i sverige köpa Inderal i turkiet Arava pris på apoteket köpa Pyridium köpa Cabgolin på nätet sverige köpa Fucidin i stockholm köpa Diabecon utan recept köpa Penegra seriöst pris på Lotrisone sverige rekommenderad dos Viagra köpa Imitrex i göteborg köpa Emsam billigt Lotrisone pris apoteket köpa Pyridium snabb leverans vart kan man köpa Cardura online Tetracycline lägre pris Lotensin bästa pris kan man köpa Sinemet på mallorca bra ställe att köpa Reminyl Zaditor eljo pris beställa Altace online flashback generisk Geriforte sverige är det olagligt att beställa Unisom apotekets pris på Toprol var kan man köpa Singulair receptfritt kan man köpa Allegra thailand bra sida att köpa Estrace vart kan man köpa Dulcolax lagligt köpa Diflucan eljo Top Avana uttag pris Naltrexone sverige snabb leverans lägre pris på Dutas köpa Atarax i bangkok köpa Premarin prag köpa Fucidin i indien köpa Caverta i filippinerna Lopid generisk Lopid skillnad köpa Tadacip i england köpa Grifulvin V flashback 2014 beställa Mentat på nätet Kytril kräm köpa pasteta od Cialis recept köpa Aldara grekland beställa Atrovent till sverige köpa Lady era estland var kan man köpa Diclofenac på nätet köpa Sumycin på kanarieöarna vart beställa Nasonex Kemadrin migrän dos köpa Levothroid 100mg köpa Toprol i danmark köpa Aciphex prag köpa Speman i lettland behövs recept för Clonidine vart ska man köpa Bactroban Arava dosering vuxen lagligt att köpa Acivir köpa Cardizem i kina beställa Nimotop på nätet 2014 köpa Motilium i ungern Uroxatral beställa container köpa Duphalac i ryssland köpa Celebrex i filippinerna vilka länder kan man köpa Voveran receptfritt var kan man köpa Motilium duo pris på Hydrochlorothiazide på apoteket Nolvadex pulver köpa är det säkert att köpa Lopressor på nätet Finast att köpa generisk Slim Tea sverige köpa Vermox nätet köpa Elimite grekland lägsta pris på Himplasia lägsta pris Zenegra Calcium Carbonate första dos köpa Medrol köpenhamn köpa Citalopram på kreta köpa Atorlip-5 sverige 2012 Clomid gel pris apoteket Tricor migrän dos köpa Dostinex i kroatien Temovate mot nervositet dos Evista att köpa beställa Celexa på nätet olagligt att beställa Prevacid köpa billigaste Rumalaya Pyridium k dosering Clonidine i sverige utan recept köpa Alli från sverige köpa Top Avana i frankrike att köpa Neurontin köpa Voveran i lettland hur ska man köpa Mircette Zebeta migrän dos Moduretic eljo pris köpa Zyloprim i usa köpa Lasix lagligt på nätet köpa Fucidin online billigt Aciphex 10 mg köpa pris Robaxin sverige beställa Minocin på faktura pris på Orlistat i sverige köpa Septilin online 2013 beställa Grifulvin V utan recept köpa Pyridium mot postförskott Unisom köpa apoteket pris för Lisinopril beställa Floxin på nätet 2014 köpa Rocaltrol barcelona Finax dosering vuxna är det olagligt att beställa Shuddha Zoloft plåster pris kan man köpa Lopressor på apoteket i spanien köpa Nitrofurantoin från england kan man köpa Dilantin på apoteket köpa blå Zocor köpa Sinequan från turkiet köpa Finast i norge köpa Emsam i frankrike apoteket Ponstel gel pris vilka länder kan man köpa Topamax receptfritt lagligt att beställa Antivert var köper man billig Propranolol apotekets pris på Dramamine lagligt att köpa Atorlip-10 köpa Tadacip över disk beställa Erythromycin flashback säker sida att köpa Pilex var kan man köpa Fucidin duo är det lagligt köpa Cyklokapron på nätet köpa Augmentin var köpa Detrol i sverige flashback Calcium Carbonate beställa viagra Amoxil köpa Propranolol med snabb leverans är det olagligt att köpa Top Avana på nätet beställa Accutane sverige kan man köpa Olanzapine på apotek Kamagra migrän dosering Precose snabbast leverans köpa Pilex i helsingborg köpa Bonnispaz kräm köpa Tricor egypten måste man ha recept på Prinivil Sinemet utan recept i sverige beställa Gasex england köpa Nitrofurantoin i filippinerna var kan man köpa Avapro kan man köpa Tegretol i thailand köpa Remeron i spanien kan man köpa Zofran på ica köpa Ceftin i helsingborg lagligt att beställa Clozaril på nätet vart kan man beställa Finpecia flytande Lincocin dos var kan man beställa Eldepryl Vytorin hög dos Lincocin bra pris köpa laglig Evista köpa Aygestin amsterdam är det recept på Voveran köpa Saw Palmetto spanien vill köpa Tofranil köpa Amaryl i spanien Cystone billig köpa Gyne-lotrimin online sverige köp generisk Motilium måste man ha recept på Femara köpa Big Appeal amsterdam Singulair mot nervositet dos köpa Dilantin på apotek eljo Haldol bästa pris var kan man köpa Atorlip-20 receptfritt kan man köpa Himcocid i spanien köpa Motilium i turkiet kan man köpa Cabgolin receptfritt i danmark beställa Abana för kvinnor köpa Hyzaar phuket köpa generic Panmycin Zestoretic jelly köpa kan man köpa Vantin på apoteket köpa Benadryl i danmark våga köpa Sarafem på nätet köpa generisk Omnicef beställa Acticin billigt köpa Medrol i turkiet var kan man köpa Lanoxin duo Erexin-V dos urinvägsinfektion köpa Benadryl tjeckien säkert att köpa Detrol på nätet sänkt pris på Norvasc köpa Dilantin i norge köpa Oxytrol utomlands hur stor dos Robaxin ska man ta Lipothin kräm pris kan man köpa Serophene i kroatien pris Trial Erection packs sverige bästa stället att köpa Chloramphenicol på Levitra dosering migrän Cefadroxil dosering migrän köpa Synthroid i tallin köpa Doxycycline Endep nervositet dos kan man köpa Nasonex på mallorca köpa generisk Serevent köpa Prinivil jelly köpa Fosamax duo beställa Sildalis till sverige Toprol pris på apoteket köpa Penegra online flashback säkert ställe att köpa Fosamax beställa Tricor england beställa Actonel från thailand köpa Tenormin från turkiet beställa blå Benadryl Bupropion rekommenderad dos köpa Accutane online 2012 vad kan man köpa Acticin köpa Phexin flashback köpa Betnovate prag beställa Indocin pulver Beconase AQ vet dosering köpa Zestoretic på rhodos Malegra beställa container köpa Tetracycline på gran canaria köpa Motrin apoteket apoteket Naltrexone pris lagligt att köpa Lexapro köpa Grifulvin V polen köpa Proscar phuket beställa Sinemet lagligt kan man köpa Elimite i italien kan man köpa Neurontin i tyskland köpa Prednisone beställa Geriforte 2012 kan man beställa Metformin köpa billigaste Lukol Terramycin snabb leverans sverige beställa Benemid på faktura köpa Zestril oral jelly köpa Wellbutrin i italien köpa Yasmin i apoteket köpa Clarina receptfritt Benzac eljo pris kan man köpa Dutas på apoteket i sverige köpa Cardizem stockholm Pyridium snabb leverans sverige köpa Exelon i england Dilantin shampoo köpa att köpa Ampicillin i sverige generisk Charboleps snabb leverans köpa Diclofenac utomlands lagligt att köpa Cefixime på nätet hur ska man köpa Tenormin köpa Medrol online flashback var kan man köpa Xenical receptfritt köpa blå Femara beställa billig Cholestoplex köpa Diflucan online Cabgolin migrän dos olagligt att köpa Nizagara Requip jelly köpa Nexium pris i sverige lagligt köpa Evecare köpa Seroflo jelly köpa Zovirax över disk generisk Deltasone snabb leverans köpa Reglan på nätet lagligt beställa Coreg pulver skaffa recept till Shallaki Prazosin vet dosering beställa Luvox flashback Benemid pris apoteket hjärtat
Home Pete Toms LWIB: Call for Increased Revenue Sharing, Update on the Potential Sale of the Rangers, Boras on Rookie Compensation

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LWIB: Call for Increased Revenue Sharing, Update on the Potential Sale of the Rangers, Boras on Rookie Compensation PDF Print E-mail
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Pete Toms Article Archive
Written by Pete Toms   
Sunday, 06 September 2009 23:31

Last Week in Bizball by Pete Toms

This week in LWIB, is competitive balance / revenue sharing emerging as a key issue in the upcoming CBA negotiations? Plus, potential buyers emerge in the proposed sale of the Texas Rangers and Scott Boras on the subject of “rookie compensation”.

THE CALL FOR INCREASED REVENUE SHARING

According to MLB, revenue sharing resulted in $450 million being redistributed this season amongst “small market” clubs.  (Some would argue that “small payroll” is more appropriate)   Commissioner Selig has long argued that revenue sharing is essential to MLB’s goal of engendering “competitive balance”.  (Some prefer the terms “parity” or “mediocrity”).  Commissioner Selig publicly argues that increased revenue sharing and the corresponding increase in competitive balance in MLB has been key to growing attendance and industry revenues to record levels in recent years.  When the Tampa Bay Rays competed in the 2008 World Series (along with the Milwaukee Brewers making the playoffs the same season)  MLB could proudly proclaim that competitive balance had never been greater and that fans in all thirty MLB markets could legitimately believe that the “fall classic” could include their hometown.  MLB was proud that seventeen of their thirty franchises had competed in the World Series in the past twelve years while eight different franchises have been champions in the last nine seasons.

LWIB saw media reports that “large market” clubs are reasserting their on field dominance this season.  Trades of some high profile veterans from “small market” clubs to “large market” playoff contenders this summer has also contributed to renewed concerns about “competitive imbalance”.  Also LWIB, one small market owner and one small market executive mused publicly if increased revenue sharing needs to be achieved in the next round of CBA negotiations (the current CBA expires in December 2011) if competitive balance is to be maintained (re-established?).

Bob Nightengale reported last week for USA Today:

Baseball organizations have been reminded that the game's most powerful component often is a fat wallet.

If the regular season ended today, seven of the top nine highest-paid teams would be in the playoffs,….The Colorado Rockies or San Francisco Giants, who rank 14th and 15th and battling for the National League wild card, would be the only playoff team not in the top 10.……

The Texas Rangers and Florida Marlins are the only teams in the bottom 10 of payroll with winning records.

AND

That disparity was deepened by trade activity, with former All-Stars such as Matt Holliday (to the St. Louis Cardinals), Victor Martinez (Boston Red Sox) and Scott Kazmir (Los Angeles Angels) going from small-market clubs to teams with deep pockets. The Chicago Cubs and New York Mets are the only teams in the top nine of payroll not in contention.

Michael Hunt wrote last week for the Milwaukee Journal Sentinel:

When the champagne sting cleared from Doug Melvin's eyes after the 162nd game of last season, it was mentioned to the Brewers' general manager that teams from Milwaukee and Tampa Bay were in the playoffs and the two from New York were not.

For a moment we discussed whether this was the start of a more competitively balanced era for baseball, but soon the conversation drifted toward immediate concerns. Parity talk could wait.

So here it is, almost a year later, and it seems to be business as usual again in baseball. The New York Yankees, Boston Red Sox, Philadelphia Phillies and both Los Angeles teams represent the bulk of the ruling elite from their stations within the game's largest markets.

AND

As for the Brewers and their first playoff appearance in 26 years, as well as the Rays' refreshing run to the World Series, it is tempting to look at 2008 as little more than an anomalous season for baseball.

Commissioner Selig was quoted in both pieces and the tenor of his remarks was cautious.  Mr. Selig speculated in Mr. Nightengale’s piece that the 09 season has been “aberrational” in terms of “competitive balance”.  In Mr. Hunt’s piece the commissioner expressed his antipathy towards a salary cap but did say, "Is the system perfect? No. It needs some work,"

No doubt commissioner Selig treads carefully on this subject because he is acutely aware that revenue sharing is a contentious issue both amongst owners and with the MLBPA.  Commissioner Selig must also be aware that at least some “small market” franchises will be pressuring MLB to bargain for increased revenue sharing in the next CBA.  Milwaukee Brewers owner Mark Attanasio was quoted in Mr. Nightengale’s article.

“We've had a competitive balance the last seven or eight years, so the question is whether this is an aberration or start of a trend.

"If it's a trend, that's disturbing, and it's something we'll definitely need to consider in the next (collective bargaining agreement)."

This is not the first time that Mr. Attanasio has spoken publicly about this subject, he made similar remarks this off season in reaction to the New York Yankees spending in the free agent market.  Mr. Attanasio was not the lone “small market” voice LWIB to speculate publicly that “competitive balance” could be an issue in the upcoming CBA negotiations.  Pittsburgh Pirates President Frank Coonelly was asked in an online chat, “Any plans to lobby MLB to change its revenue-sharing system so that small-market teams like the Pirates can better compete?” Mr. Coonelly responded:

Major League Baseball already has, by a large measure, the greatest amount of local revenue sharing of any of the professional sports. Because of that revenue-sharing program there is baseball in markets like Pittsburgh, Kansas City, Cincinnati, Baltimore, St. Petersburg, Minneapolis and many more. Not only can we compete under the current system, the Rays, the Rockies and the Twins have shown that we can win under the current system……Having said all of that, the Pirates continue to work through the Commissioner's Office to aggressively pursue changes in the Collective Bargaining Agreement that will continue to reduce disparity and increase parity.

How will the MLBPA react if (obviously there is also opposition to increased revenue sharing amongst ownership) MLB negotiates for increased revenue sharing?  Many argue that the true aim of revenue sharing and payroll taxes is not to achieve competitive balance but to suppress player compensation.  As veteran players have met with diminished demand for their services in the free agent market in recent years, can the PA consent to increased revenue sharing and a resulting further “drag” on salaries?  And finally, how important is “competitive balance” to a league’s bottom line?

Andrew Zimbalist wrote in his 2003 book, May the Best Team Win, Baseball Economics and Public Policy:

While owners have claimed that they want more revenue sharing and a luxury tax on high payrolls in order to level the playing field, it is apparent that they are also seeking to control the growth in player salaries.  Higher revenue sharing taxes lower the net marginal revenue product of players, and, other things equal, lower their salaries.

Many sports economists argue that revenue sharing has had little to no impact in increasing “competitive balance” in MLB.  Some would also argue that eight different franchises winning the past nine World Series is not evidence of greater “competitive balance” but simply a result of the increased number of clubs competing in the postseason.  Sports Economist David Berri wrote in 2006:

From 1996 to 2000 the New York Yankees won the World Series four times. “Baseball has a competitive balance problem” was the cry heard throughout the land. The only solution was some mechanism to control the growth of salaries and re-distribute baseball’s wealth from the rich – i.e. the Yankees – to the poor.

The 2002 labor agreement – which was just extended to 2011 – was designed to resolve these problems. A luxury tax on high payrolls was enacted. This tax – primarily paid by the Yankees – was designed to restrict spending by large market teams on players. The agreement also focused on revenue sharing, which gave small market teams more money.

AND

Commissioner Bud Selig tells us that the 2002 agreement has ushered in a “golden age.” If by “golden age” he means an era of pay equality and competitive balance, then the data doesn’t seem to agree. Team payrolls are even less equal today and the level of competitive balance appears to be about the same.

The reality is that competitive balance improved in baseball during the 2oth century as the population of available athletes expanded. And the improvements occurred well before the 2002 agreement. …..In the last thirty years the standard deviation of winning percentage in both leagues has changed very little. Yes, payrolls have increased dramatically, but competitive balance remains basically the same.

So is this a “golden age” of baseball? If by “golden age” we mean the Yankees are not winning the World Series every year, then I guess that is true. But one should not be confused about how that trick was pulled off. The true trick happened when baseball expanded participation in the playoffs. Since 1995 the team with the best record in baseball has only won the World Series once. And that is because the best team now has to navigate three playoff rounds to win the title.

Putting aside the debates over whether or not revenue sharing and luxury taxes has resulted in greater “competitive balance” and whether or not small market clubs are investing their revenue sharing dollars in baseball players (as opposed to adding it to their bottom line), does greater “parity” lead to increased fan interest in a league?  Many believe that the New York Yankees dominance (if dominance is measured in World Series championships) of MLB in the late 1990’s was a key factor in the resurgent interest in the sport.  Proponents of this argument also point to the enormous popularity of the EPL, a league with great competitive disparities.  (An apples to apples comparison is not quite accurate due to the “promotion / relegation” structure of the EPL).

From a separate post from aforementioned sports economist David Berri on the importance of “competitive balance” to the popularity of sports leagues.  (see here for additional discussion)

….the link between competitive balance and attendance has been extensively studied…..

And what does this literature indicate? Competitive balance does impact demand, but it doesn’t appear to be very “important.” At least, dramatic changes in balance do not seem to have a very dramatic impact on league attendance. Given this result, I am not sure the “optimal level of balance” is something leagues should actively seek…

This issue is unlikely to derail the upcoming round of CBA negotiations (if the owners decide to make it an issue).  Industry observers foresee a continuation of the present good relations between MLB and the PA.  Nonetheless, commissioner Selig is faced once again with the formidable challenges of balancing the demands of large and small market clubs while bargaining an agreement which allows the players to earn an equitable amount of revenue.

Select Read More to see details on the upcoming sale of the Texas Rangers, and Scott Boras on rookie player comensation

UPDATE ON POTENTIAL SALE OF THE TEXAS RANGERS

The Texas Rangers on field performance has been one of the 09 season’s best stories.  The Rangers unexpected close pursuit of the AL wild card berth has resulted in increased attendance and TV ratings.  As for Rangers’ owner Tom Hicks, his well chronicled financial problems has been one of MLB’s most embarrassing storylines of the season.  In the spring, Hicks Sports Group (also owner of the NHL Dallas Stars) defaulted on a $10 million interest payment to a group of 40 creditors.  In July there were a spate of reports that MLB was assisting the Rangers in meeting their payroll obligations.  That news coming after the Rangers had laid off 10% of their front office staff earlier in the season.  LWIB saw reports that six potential buyers have emerged in the proposed sale of the franchise.  Daniel Kaplan reported for The SportsBusiness Journal:

The Texas Rangers received letters from about six prospective buyers interested in acquiring the team when those documents were due on Aug. 18, financial sources said.

Owner Tom Hicks and MLB are looking for $600 million for the team, though sources close to prospective acquirers believe the franchise will sell for a figure more in the low- to mid-$500 million range. Hicks, through a spokesman, declined to comment.

AND

If Hicks does get a deal in the $500 million range, he would be doing well given that the team does not have ownership in a regional sports network and does not own its ballpark, though it does have a favorable lease, said sports consultant Marc Ganis, who has been advising the Tribune Co. on the sale of the Chicago Cubs that now is awaiting bankruptcy court and MLB approval. The Cubs, a historic brand, were valued at $845 million, but that includes their ballpark, Wrigley Field, and a 25 percent interest in Comcast SportsNet Chicago.

“In this economy, if they can get in the low $500 million [range] for a team that is underperforming relative to its market, Hicks should be very happy,” Ganis said.

Barry Shlachter followed up on the SBJ report in The Dallas Morning News.  Mr. Shlachter reports that Mr. Ganis estimates the value of the Rangers in the “mid-$400 million range”.  From the same report;

Don Erickson, a Dallas sports consultant involved in the sale of the San Diego Padres in February, said he would put the value of the Rangers below the Padres, who sold for $500 million. Moreover, any buyer should have deep enough pockets to lose $20 million a year, since it would be difficult to turn a profit in a bad economy, he said.

"You cannot think like a businessman and buy these teams," Erickson said. "They pretend like they do. But they're really thinking with their ego. The reality is that in the last five years, the vast majority of teams didn't make money."

The only names that have surfaced as possible buyers are former Fort Worth auto dealer David McDavid, who has been keeping a low profile, and Rangers president Nolan Ryan, who has made few statements on his position.

At the same time as HSG is searching for a buyer for the Rangers, they face a potential showdown with the NHL over control of the Dallas Stars.  From a separate, and also recent, report from Daniel Kaplan in The SportsBusiness Journal.

The more than three dozen creditors of Hicks Sports Group, the owner of the Dallas Stars and Texas Rangers that defaulted on its debt in March, sent a letter to the NHL four weeks ago asking the league how it planned to help address their concerns, according to financial sources, but there has been no response.

At the same time, HSG owner Tom Hicks has suggested that he believes he can hold onto the Stars despite the default through August 2010, which is far later than the October deadline the creditors assumed existed for resolution of debt crisis, the sources said.

A process to sell the MLB Rangers is under way, but no such activities are believed to be occurring around the Stars. The situation could shape up as a major battle between the creditors on one side and the NHL and Hicks on the other.

“There will be litigation for sure,” one of the sources said.

There is also speculation that a potential resolution to HSG’s debt financing problems lies in Mr. Hicks search for investors in Liverpool FC of the EPL.  (Mr. Hicks co-owns the franchise with George Gillett)  The soccer franchise is not owned by HSG but Mr. Hicks could potentially use cash acquired from new investors in Liverpool FC to alleviate HSG’s debt crisis.

SCOTT BORAS ON ROOKIE COMPENSATION

Stephen Strasburg’s record setting rookie deal has brought increased scrutiny to the subject of “rookie compensation” in MLB.  Both commissioner Selig and MLB Executive Vice President, Labor Relations & Human Resources, Rob Manfred have stated that MLB will attempt to negotiate “mandatory slotting” for amateur draft picks in to the next CBA.  As well, an expansion of the amateur draft in to Latin America is expected soon.  Both of these changes are a reaction to the rapidly inflating costs of acquiring young talent.  At the same time as clubs have increased investments in amateur players, veteran players have recently encountered a depressed free agent market for their services.  Some veteran players have been outspoken over the amounts of money that “unproven” rookies are commanding.  “Rookie compensation” is expected to be an important issue in both the upcoming MLB and NFL CBA negotiations.  Both leagues want to impose limits on “rookie compensation”.  Whether those dollars being awarded to rookies will instead flow to the veteran players is subject to healthy debate.

LWIB Scott Boras and Rob Manfred commented on the subject.  From Liz Mullen, in The SportsBusiness Journal.

“I did a record contract for [Mark] Teixeira in 2001, and it was eight years before we went above that,” Boras said last week. “We have not represented a player that allowed us to exceed Teixeira, even though [MLB] revenues went from $3.5 billion to $6.5 billion.”

AND

Rookie contract records are set almost every year in the NFL, whose rookie salary system is based on the league’s revenue, but that’s not the case in baseball. Boras says the failure of rookie salaries to grow on pace with the sport’s revenue is hurting the game by causing America’s best young athletes to choose basketball and football over baseball.

“To suggest that baseball is actively recruiting the best athletes in America by the numbers is a farce,” Boras said.

So far this year, Boras noted, the NFL has paid out $423 million to first-round draft picks. The NBA, with its rookie wage scale, paid about $102 million for first-round players. Baseball paid first-round draft picks $82 million.

Rob Manfred, MLB executive vice president of labor, said, “Comparing the NBA draft and the NFL draft [to MLB’s draft] is like comparing apples to oranges.” There are many differences, he said, including that few baseball players move directly from the draft into the collective-bargaining units of the respective players unions, unlike in football and basketball.


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Pete Toms is an author for the Business of Sports Network, most notably, The Biz of Baseball. He looks forward to your comments and can be contacted through The Biz of Baseball.

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