May 2, 2011, 1:13 PM EST
With an Opening Day payroll of just $45 million the Padres rank 27th in player spending, but chief executive officer Jeff Moorad said yesterday that the team is negotiating a new local television contract that could increase the payroll by 10-20 percent as soon as 2012.
Cox Communications’ current 10-year deal to broadcast Padres games expires after this season and Moorad told Bill Center of the San Diego Union Tribune that “there are several active discussions going on at the moment.”
- Robinson Cano agrees to $240 million deal with Mariners (260)
- Yankees agree to seven-year, $153M contract with free agent outfielder Jacoby Ellsbury (160)
- Report: Mariners willing to offer Robinson Cano a 10-year, $240 million deal (143)
- Report: Yankees have agreed to a three-year deal with Carlos Beltran (125)
- Brett Gardner is drawing “significant” trade interest (109)