Jul 2, 2014, 9:45 AM EDT
Eric Fisher of Sports Business Journal reports that the single-A Dayton Dragons are being sold by current owner Mandalay Baseball to a company called Palisades Arcadia Baseball. That’s not a big deal. Minor league teams sell all the time. What is a big deal is the price: $40 million, which Fisher says is the highest price ever paid for a minor league team.
Now, the Dragons are not your run-of-the-mill minor league teams. As Fisher notes, they have the longest sellout streak in the history of U.S. sports. They set the record in 2011 with their 815th straight sellout. It’s still going strong. In May they sold out their 1,000th straight game. While only a Midwest League team, their ballpark holds over 8,000 fans, which means that they draw more than just about every minor league team at every level. Usually only one or two Triple-A teams do better in overall attendance.
But still: sellouts or not, they are just a single-A team that can only charge single-A prices for tickets, beer and big foam fingers. Making that $40 million price tag pretty darn incredible. To put it in perspective, the Steinbrenner family bought the Yankees for $8.7 million in the early 70s. Current Phillies’ ownership bought that team in 1980 for $30 million. Current Twins ownership bought the team in 1984 for $44 million. Major league franchise prices have gone through the roof, but it wasn’t too terribly long ago when the price the Dragons’ current owners are getting was what you might expect to pay for a big league club.
Jul 22, 2014, 11:50 AM EDT
After letting Matt Cain pitch (poorly) through a “cranky” elbow since spring training the Giants finally shut him down yesterday, placing him on the disabled list with elbow inflammation.
Jul 22, 2014, 11:30 AM EDT
That’s some real Nattitude right there.
Jul 22, 2014, 11:19 AM EDT
Last night Mets catcher Travis d’Arnaud hit a home run to left-center field, except Mariners left fielder Dustin Ackley jumped up, reached over the fence, and brought the ball back with a spectacular catch.
Jul 22, 2014, 11:00 AM EDT
Non-fatal, but serious enough to where, after eight years, he is going public.
Jul 22, 2014, 10:47 AM EDT
Ken Rosenthal of FOXSports.com reported yesterday that A’s left-hander Tommy Milone has requested a trade after being demoted to Triple-A despite plenty of success in the big leagues.
Jul 22, 2014, 10:15 AM EDT
Sanchez’s numbers this season haven’t been particularly impressive, including an underwhelming 4.19 ERA and 27/17 K/BB ratio in 34 innings at Triple-A, but he was a first-round draft pick in 2010 and ranked as a consensus top-50 prospect coming into this season.
Jul 22, 2014, 10:00 AM EDT
But is it worth the cost?
Jul 22, 2014, 9:45 AM EDT
Oh, and thankfully there’s video.
Jul 22, 2014, 9:16 AM EDT
He’s not at the top of the M’s rotation, but no contender wants to lose a pitcher.
Jul 22, 2014, 8:55 AM EDT
A big lefty on the market would bring a nice return. But the Phillies aren’t putting their big lefty on the market.
Jul 22, 2014, 8:23 AM EDT
I tend to think he is, but I feel like most of you disagree.
Jul 22, 2014, 6:33 AM EDT
Adam Jones smacked two homers. So did David Ortiz. Oh, and Lisa needs braces (dental plan), Lisa needs braces (dental plan).
Jul 21, 2014, 11:15 PM EDT
The Rangers had high hopes when they signed outfielder Shin-Soo Choo to a seven-year, $130 million contract over the winter, but a lingering injury to his left ankle is a major reason why his first season with Texas has been a bust.
Jul 21, 2014, 10:29 PM EDT
Plenty of scouts were in attendance tonight for Cliff Lee’s first start in the majors in over two months. They likely didn’t come away impressed.
Jul 21, 2014, 9:58 PM EDT
Royals left-hander Jason Vargas underwent an appendectomy less than two weeks ago, but he could be activated from the disabled list as soon as Sunday against the Indians.
Jul 21, 2014, 9:15 PM EDT
Andrelton Simmons just isn’t fair.
Jul 21, 2014, 8:48 PM EDT
Dodgers right-hander Josh Beckett is dealing with a left hip impingement, but he made it through a bullpen session Saturday with no issues and has been cleared to return Tuesday.
Jul 21, 2014, 8:01 PM EDT
X-rays on the hands of Hanley Ramirez and Yasiel Puig came back negative.
Jul 21, 2014, 7:09 PM EDT
Veteran catcher John Buck was given his release by the Mariners earlier this month, but he didn’t stay out of a job for long.
Jul 21, 2014, 6:24 PM EDT
After a demotion to Triple-A earlier this month, Tommy Milone has asked the Athletics to trade him. He appears unlikely to get his wish.
- And That Happened: Monday’s scores and highlights 37
- Cliff Lee struggles in first start back from disabled list 13
- On the 10th anniversary of his MLB debut, let’s appreciate David Wright 29
- And That Happened: Sunday’s scores and highlights 36
- Odrisamer Despaigne loses his no-hitter with two outs in the eighth inning 8
- Brandon Belt headed to disabled list with concussion 5
- Cardinals are interested in David Price, but “would want a financial commitment” from him 47
- Blue Jays, Giants “taking their best shot” at Chase Utley 19
- Baseball is dying, you guys (149)
- Luke Scott released from Korean team after calling coach a “liar” and a “coward” (108)
- Watch Derek Jeter tell Joe Buck to get the heck out of the clubhouse (91)
- Adam Wainwright follows the rules and pays the price (90)
- The Astros did not sign number one overall pick Brady Aiken. This is a big deal. (90)