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Yankees say they took a big hit to the wallet in 2020
1 week ago  ::  Oct 18, 2020 - 12:24AM #1
smitty
Posts: 27
I assume most teams did. And that could mean the cost of free agents go down. DJ expecting $25M/yr well I don't think so.  Not sure what Bauers looking to get either but I would expect a lot of teams to cutback on spending.  Yankees can take advantage.
1 week ago  ::  Oct 18, 2020 - 12:34AM #2
bumper
Posts: 8,002

maybe a good year to be buyers. on the other hand, maybe a lot of the players will do one year deals thinking they may get better deals the following season particularly if you're young. think this is DJ's year since he'll be the hottest commodity.

1 week ago  ::  Oct 18, 2020 - 9:03AM #3
bumper
Posts: 8,002

in a daily news article, bill madden says ...


Here’s the bottom line on what this season without fans has wrought on baseball:


Every team in baseball has lost a minimum of $100 million — the larger market teams like the Yankees, Los Angeles Dodgers, Boston Red Sox and Philadelphia Phillies, between $175 and $200 million. Last week, the Phillies’ Team Marketing Report reported they lost $186.1 million, while the Yankees were probably closer to $200 million or more. The lower-payroll teams like the Tampa Bay Rays and Miami Marlins, accustomed to playing to three-quarters empty ballparks anyway, lost considerably less. But they will get hit with an additional whammy of losing out on their customary $50 million (in Tampa Bay’s case) to $70 million (in Miami’s case) revenue sharing payments. Or as one MLB exec noted to me: “You can’t be paid revenue sharing from the other teams if there is no revenue.”


“Those revenues we will never recover,” said one team exec, “but what’s most concerning to all of us is the unknown about 2021. We don’t know when, if or how many fans we’re going to be allowed in the seats, so how do you go about determining revenues and payrolls?”


Agents like Scott Boras scoff at the clubs’ pandemic losses while maintaining it should be business as usual this winter. “The reality is,” said another club exec, “there is going to be a lot less dollars for the players this winter. There’ll still be stupid owners who do stupid things, spending money they don’t have, but for the bottom line is there just aren’t any revenues.”


1 week ago  ::  Oct 18, 2020 - 12:28PM #4
1955nyyfan
Posts: 1,250

I hope we can return to normal soon. Loses like that are sustainable for very long. 

1 week ago  ::  Oct 18, 2020 - 2:48PM #5
jimwest
Posts: 3,132

Oct 18, 2020 -- 12:24AM, smitty wrote:

I assume most teams did. And that could mean the cost of free agents go down. DJ expecting $25M/yr well I don't think so.  Not sure what Bauers looking to get either but I would expect a lot of teams to cutback on spending.  Yankees can take advantage.



Unless some team shocks and blows away Bauer with an expensive multi-year deal, which seems extremely unlikely, he will do his one year deal thing again this offseason.


The Yankees can probably get him for a relatively reasonable cost, without a contract beyond 2021.

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