Monday, January 31, 2011

How Much is Too Much, or Too Little?

I recently found an article that is approximate one month old, so the information is a little dated, but is still relavant today. A breakdown of spending by Major League Baseball teams was conducted on December 22 and it was found that MLB teams have committed to $1.2 billion in salaries. Granted, I've found that this is about $500 million off from right now. So an estimated $1.6-1.7 billion in salaries, and people say that America is in a recession. The numbers are not exact but this doesn't include extensions and trades such as: Joey Votto, Adrian Gonzalez, Rafael Soriano, Manny Ramirez, Johnny Damon, Zach Greinke, and many others, so my calculations may be off. Between all 30 teams, the average spending for each team would be $40.3 million. This goes from the highs of the Red Sox, and Phillies to the lows of the Indians and the Astros. Isn't it crazy that Carl Crawford's contract with the Red Sox is more money then 25 MLB teams spent individually? What should be the minimum or maximum spending for each team? Should their be a salary cap for baseball just like there is in football? This quote really explains it all, "Just because teams aren't spending doesn't mean they can't or won't spend. It sounds obvious, but fans in New York and Toronto can reasonably expect the Mets and Blue Jays to spend when they believe they have a chance to contend." It would be ridiculous for teams who don't really have cities behind them to spend enormous amounts of money, only to no one show up to the stadium. Look at Tampa Bay in the post-season, they were literally giving away tickets to fill the stadium. This was the team with the best record in baseball and I think there were approximately 12,000 tickets given away for free. I would love to see that happen in Philadelphia, have a winning team and free tickets? Where do I sign up? Now look at Tampa Bay, disbanding the team and spending approximately $11 million in new salaries. Try winning the division with those kind of numbers while the Red Sox are spending well over $200 million. Meanwhile the Nationals are spending approximately $140 million ($126 million being Jayson Werth) and are trying to contend with the Phillies, who signed a $120 million deal with Cliff Lee. I really hope it works out for them. I would like to see the Nationals get out of the "cellar" in the NL East and be a productive and contending team. Whether they spend $200 million (Boston) or $2 million (Cleveland), I wish you luck in the upcoming season. 


I do apologize for incorrect and approximate numbers, they article was from December 22 and I try my best to post correct information. 

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