Nov 19, 2012, 1:30 PM EDT
Dan Le Batard has a takedown of the Marlins which pretty much squares with my view of things too. This passage piqued my interest, however:
The Marlins last offseason were like a gluttonous fat man at the all-you-can-eat buffet, stacking the plate with his eyes and appetite without regard to practicality or the oncoming food coma. The team overspent assuming we’d fill the ballpark, which we didn’t, and that meant losing about $40 million in that calamity of a season. Even though management didn’t have to serial-killer slash the payroll, there were going to have to be cuts, so the team decided to take a wrecking ball to the blueprint and just start again.
I’m not sure what the source is for that $40 million loss, but it is worth remembering as we enter free agent season that a baseball team’s claims of profit and/or loss are almost always pure science fiction when compared to the numbers that are reported for most other types of businesses.
Baseball accounting is profoundly opaque, and the only glimpses we ever see into the finances of a baseball team are either wither accidental or are partial-truths released by the team in order to further some specific end such as either proving or disputing that the owners are broke, depending on whichever story suits their purposes at the time. And even then, we almost never get much above the bottom line number (Team X lost $Y last year). A number which tells us nothing about how much the ownership group extracted from the team above the line.
For example, we’ve learned in the last year that Jeff Loria at one time and may still pay himself an annual salary of some $10 million. And that there is a team “managing general partner” called Double Play Company which takes $8.5 million more. Oh, Double Play Company is owned by Loria and its president is Marlins team president David Samson. Do other teams have that kind of setup? Don’t know! Because no one ever gets to see the finances of baseball teams! Indeed, teams and the league go to great lengths to avoid ever having to release their finances to the public, be it under pressure from politicians, in the course of litigation or anything else. They DO NOT want you to see the books, folks.
So call me crazy or call me paranoid, but I will never take a team’s statement about its profits or losses unless and until they show me the books to prove it. And that goes for the $40 million-losing Marlins too.
May 28, 2015, 11:39 PM EDT
Red Sox prospect left-hander Eduardo Rodriguez tossed 7 2/3 scoreless innings in his major league debut against the Rangers on Thursday.
May 28, 2015, 10:51 PM EDT
Rockies prospect David Dahl suffered a “massive laceration” in his spleen following an outfield collision Thursday and required season-ending surgery.
May 28, 2015, 10:03 PM EDT
Hamilton got a rousing ovation from the home crowd in his return to Texas.
May 28, 2015, 9:05 PM EDT
Jarrod Saltalamacchia was cut loose by the Marlins earlier this month after proving to be a disappointment in his three-year, $21 million contract, but the Diamondbacks are ready to give him a shot.
May 28, 2015, 8:22 PM EDT
Kazmir left his start yesterday against the Tigers after three innings with shoulder tightness, but it sounds like he might not have to miss much time.
May 28, 2015, 7:40 PM EDT
Tanaka has been sidelined since April 23 due to a right forearm strain and right wrist tendinitis.
May 28, 2015, 7:01 PM EDT
The 39-year-old Ortiz has just one hit in his last 20 at-bats and is batting an uncharacteristic .216/.303/.377 with six home runs and 18 RBI across his first 43 games this season.
May 28, 2015, 6:15 PM EDT
The Indians placed Santana on the paternity leave list Thursday following the birth of his daughter.
May 28, 2015, 4:52 PM EDT
Nava has struggled all season, hitting just .159 with zero homers.
May 28, 2015, 4:27 PM EDT
Michael Taylor suddenly has a full-time job.
May 28, 2015, 4:00 PM EDT
Seven and two-thirds innings, 12 strikeouts and nothin’ else doin’.
May 28, 2015, 2:37 PM EDT
Great Moments in . . . wah?
May 28, 2015, 12:50 PM EDT
Kingham cracked top-100 prospect lists last season and this season.
May 28, 2015, 12:16 PM EDT
Jay has been out since May 10 with a wrist injury.
May 28, 2015, 11:53 AM EDT
I don’t do requests and even if I did, I would’t do Rush requests. But you all have broken me down.
May 28, 2015, 10:47 AM EDT
“I have nothing to complain about.”
May 28, 2015, 10:30 AM EDT
He just opted out of his deal with Tampa Bay.
May 28, 2015, 10:15 AM EDT
“He could be anywhere.”
May 28, 2015, 10:00 AM EDT
Where is the asterisk-applying crowd when you need ’em?
May 28, 2015, 9:19 AM EDT
In other news, Taco Bell restaurants in Southern League towns are experiencing record sales.
- Eduardo Rodriguez dazzles in major league debut 4
- Masahiro Tanaka expected to rejoin Yankees next week 3
- Alex Rodriguez is the all-time AL RBI champion. Sorta. 76
- And That Happened: Wednesday’s scores and highlights 85
- Cardinals GM John Mozeliak: Matt Adams out 3-4 months, possibly the year, with torn quad 60
- Bryce Harper leads in the first round of National League All-Star voting 29
- Buster Olney: The Marlins should hire A-Rod to be their next manager 53
- Breaking down the Braves-Dodgers trade 20