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Rockies owner breaks down team’s budget

Dec 1, 2013, 1:38 PM EDT

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Baseball owners are notoriously shy about discussing team finances, which makes this Denver Post article on Rockies owner Dick Monfort both odd and refreshing. From beat writer Troy Renck:

This past season, the Rockies ranked 24th in baseball in opening-day payroll, a figure Monfort calculated at $84 million — his accounting includes in-season call-ups and free-agent additions — which amounted to 49.4 percent of the team’s $170 million in revenue. Monfort framed those figures in context with his business model, saying it’s his rule of thumb to spend “50 percent of revenue on the players’ salaries.”

Monfort breaks down the local and national television contracts and opens up about his frustrations with the Rockies’ current roster makeup: “One of the things is that we have too many young kids.” It’s worth a read, even if you find yourself shaking your head at some of the stuff.

  1. zackd2 - Dec 1, 2013 at 1:56 PM

    Who approved the crazy Tulo extension? Look in the mirror

    • mariagjones - Dec 1, 2013 at 2:43 PM

      my best friend’s aunt makes $78 hourly on the laptop. She has been fired for 7 months but last month her check was $15766 just working on the laptop for a few hours. look at here….. ℭort.as/6lNW

      • asimonetti88 - Dec 1, 2013 at 6:48 PM

        That’s 50 hours a week.

    • shaggytoodle - Dec 2, 2013 at 1:01 AM

      Unfortunately that’s what happens when your a smaller market team…you get a young guy and has some promise, you want to keep him around so you invest in him long term a head of the curse, so the bigger markets can’t just back the truck full of money up to his door step…

      The next step as a fan after those big extensions are signed…is to hope like hell he stays healthy…or for me when it comes to my favorite team… isn’t busted for suspended for use.

  2. nymets4ever - Dec 1, 2013 at 2:15 PM

    The Mets will take Tulo and Cargo off your hands. They’re “young kids,” amirite?

  3. paperlions - Dec 1, 2013 at 2:17 PM

    Too many young kids?

    Average roster age in 2013:

    Detroit 26.4
    Texas 26.5
    Colorado 26.5
    Pittsburgh 26.5
    Atlanta 26.5
    St. Louis 26.6

    I don’t think it is the youth that is the problem, but the talent on the roster.

  4. andreweac - Dec 1, 2013 at 2:22 PM

    “I think (our plan) is working. Yes, we got last place. Yes, we were 10 games better,” Monfort said. “Yes, we had three pitchers, four starting pitchers, whose winning percentage was 61 percent. So if you had a fifth, just like the other four, and you had a bullpen that did its share of the deal, you would win 98 games.”

    There is so much stupid here I don’t even know where to start.

  5. gibbyfan - Dec 1, 2013 at 3:24 PM

    So when you are spending more than your total revenues and are still in last place what’s the next move? Do we attribute this to poor management or gross financial imbalnce among the member teams, or some combination of both? I say if somehow you gave dodger money to the team they would put a first place team on the field in very short order. That’s not to say that some teams can’t field winners with less, but on balance , in the absence of an NFL type salary cap, I think $$$ will be the dominant force in MLB…………disparity is just too great.

  6. maximusprime107 - Dec 1, 2013 at 4:00 PM

    Why don’t you trade some of those “young kids” for some starting pitching? And not go after a short term plan at first base like Morneau and find Helton’s replacement in house with all of these “young kids”

  7. socialsnit - Dec 1, 2013 at 6:01 PM

    …”and $3.5 million to cover projected revenue loss from not having the Yankees and the Red Sox play at Coors Field”…

    Wow that’s embarrassing.

    /boggle

  8. canadatude - Dec 2, 2013 at 9:46 AM

    The big problem here is the big market/small market issue. They should share revenue from all base ball sources so all teams have a level playing field, or let the Dodgers,Yankees, and Red Sox go play with themselves in the corner.

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