Dec 28, 2009, 6:00 PM EST
While we all grouse about how much money the Yankees have, Sports Illustrated’s Tim Marchman reminds us why, exactly, they have so much money:
According to the measure used by the Office of Management and Budget, the New York metropolitan
region numbers about 19 million people. In other words, New York has
one MLB team for every 9.5 million people. Chicago, by this measure,
has one for every five million people, just as Miami and Atlanta do.
Los Angeles has one for every 6.5 million people, as do Dallas and
So, with such an inherent advantage in eyes, which gives their cable outlet an inherent advantage in revenue, which gives the team so much more money, the obvious solution is to impose a salary cap, right? No, silly. That’s hard. This is much easier, at least theoretically-speaking:
The better solution would be to place a third team in New York. That
would bring the town’s population:team ratio down to the level of Los
Angeles or Philadelphia, and with the same number of people and dollars
chasing more baseball, would quite likely bring Yankee spending down a
hair without doing anything punitive or unfair.
Easier in that the territorial rights system which keeps a third team out of Gotham could be cast aside by the owners themselves, whereas a salary cap would require a labor battle that the owners could never win.
Not that getting the owners to roll over for that would be easy — both New York teams and their affiliated interests would go crazy, and the teams in Los Angeles and Chicago could fear that they’d be next. Plus, you have the small problem of where specifically a third New York team would play and who would pay the billion dollars+ for the building. New Jersey, in a ballpark paid for buy an eccentric billionaire? OK, we’ll work on it.
The point is that a third team in New York is merely hard, not impossible. It worked for nearly sixty years, so it could work again. At any rate, it seems more realistic to agitate for that than it would to agitate for a salary cap.
- No, the Red Sox signing Pablo and Hanley is not proof that baseball needs a salary cap 29
- Red Sox announce four-year, $88 million deal with Hanley Ramirez, DFA Juan Francisco 33
- The Cubs have offered Jon Lester “north of $135 million” 62
- Pablo Sandoval’s deal: five years, $98 million plus an option 42
- Kyle Seager, Mariners close to $100 million extension 25
- The 2015 Hall of Fame ballot is out — Randy Johnson, Pedro Martinez are new on the ballot 286
- So what would the Red Sox look like with Hanley Ramirez and Pablo Sandoval? 49
- UPDATE: Red Sox finalizing a 4-year, $88 million deal with Hanley Ramirez, with a vesting option 35
- The 2015 Hall of Fame ballot is out — Randy Johnson, Pedro Martinez are new on the ballot (286)
- More Hall of Fame ballots like Adam Rubin’s please (137)
- UPDATE: The Pablo Sandoval-Red Sox deal is done, pending a physical (133)
- Report: Pablo Sandoval chose the Red Sox over the Giants because he felt disrespected (132)
- Report: “There is a 90 percent chance that Pablo Sandoval will sign with the Red Sox” (130)