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PostPosted: Tue Jun 16, 2020 10:45 am 
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The players have had a lot of chances to put an end to the service time manipulation and they haven't.


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PostPosted: Tue Jun 16, 2020 10:47 am 
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Overall pay has shrunk because teams have used analytics that show how quickly players decline into their 30’s. And given service time lock ups, many guys are hitting free agency in their late 20’s. The chance for a second big free agent contract is mostly out the window as teams have gotten smarter about the value of a 33 year old slugger against a cost controlled prospect.

And obviously certain big market teams had to reset the punitive payroll tax.

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PostPosted: Tue Jun 16, 2020 10:48 am 
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Nas wrote:
Hawg Ass wrote:
Nas wrote:
Boilermaker Rick wrote:
Sounds like the players plan to file a grievance or MLB would have already announced the start date.

I don't get how people don't blame the players as much as the owners. Sign an agreement for 48 games at full salary and play.


Because I believe that the deal they signed in March had language about playing the "most games" they can play. You can't say that about a 48 game schedule in June.

If the players are going to file a grievance, I think it is bad for them to be saying now, where and when. They look good right now but if they file a grievance and then don't play, they get the bad look again. They have proven a great point going forward in the upcoming negotiations.


They shouldn't take filing a grievance off the table. Every month they don't play costs the players hundreds of millions of dollars in pay. Playing 48 games instead of 80 would do the same.

I am not saying take it off of the table, of course use it as a bargaining chip. I am just not sure I would play that card when the short season is implemented. I just think public perception is heavy on their side currently, you don't want to lose that.

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PostPosted: Tue Jun 16, 2020 10:49 am 
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Anyone blaming the players is flat out wrong.

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PostPosted: Tue Jun 16, 2020 10:50 am 
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Antarctica wrote:
The players have had a lot of chances to put an end to the service time manipulation and they haven't.


Well now that teams aren't paying many people after they become free agents after 30 maybe they will try to change that.

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PostPosted: Tue Jun 16, 2020 10:52 am 
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denisdman wrote:
Overall pay has shrunk because teams have used analytics that show how quickly players decline into their 30’s. And given service time lock ups, many guys are hitting free agency in their late 20’s. The chance for a second big free agent contract is mostly out the window as teams have gotten smarter about the value of a 33 year old slugger against a cost controlled prospect.

And obviously certain big market teams had to reset the punitive payroll tax.


Plus the luxury tax acts as a salary cap without a floor. The average MLB career is now under 4 years too by design.

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PostPosted: Tue Jun 16, 2020 10:56 am 
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Terry's Peeps wrote:
Anyone blaming the players is flat out wrong.

This is all your fault, you planned the damn White Sox tailgate and sent the whole world spiraling downhill.

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PostPosted: Tue Jun 16, 2020 10:56 am 
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Hawg Ass wrote:
Terry's Peeps wrote:
Anyone blaming the players is flat out wrong.

This is all your fault, you planned the damn White Sox tailgate and sent the whole world spiraling downhill.


Yep

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PostPosted: Tue Jun 16, 2020 11:00 am 
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Nas wrote:
Hawg Ass wrote:
Terry's Peeps wrote:
Anyone blaming the players is flat out wrong.

This is all your fault, you planned the damn White Sox tailgate and sent the whole world spiraling downhill.


Yep

#TerribleAmerican

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PostPosted: Tue Jun 16, 2020 11:00 am 
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Hawg Ass wrote:
Terry's Peeps wrote:
Anyone blaming the players is flat out wrong.

This is all your fault, you planned the damn White Sox tailgate and sent the whole world spiraling downhill.


FAKE NEWS!

Very NASTY!

Very SAD!

LAW & ORDER!

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PostPosted: Tue Jun 16, 2020 11:01 am 
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Terry's Peeps wrote:
Hawg Ass wrote:
Terry's Peeps wrote:
Anyone blaming the players is flat out wrong.

This is all your fault, you planned the damn White Sox tailgate and sent the whole world spiraling downhill.


FAKE NEWS!

Very NASTY!

Very SAD!

LAW & ORDER!

You have no decency, shame!!!

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PostPosted: Tue Jun 16, 2020 11:03 am 
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The players would be better with a cap and having a floor. Teams make a ton of money while trying to lose.

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PostPosted: Tue Jun 16, 2020 11:08 am 
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Boilermaker Rick wrote:
Sounds like the players plan to file a grievance or MLB would have already announced the start date.

I don't get how people don't blame the players as much as the owners. Sign an agreement for 48 games at full salary and play.

We don't know the players will file a grievance until Manfred mandates the season. Why won't he? Up to now, the perception is the owners are to blame. Once he says "Play ball", and the players file a grievance, THEY now are to blame.

So why won't he mandate? Because the owners want as few regular season games as possible. I thought Manfred was going to be a real commissioner, but I was wrong. He's a toady. He actually is going to sit by and watch the destruction of baseball.


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PostPosted: Tue Jun 16, 2020 11:10 am 
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conns7901 wrote:
The players would be better with a cap and having a floor. Teams make a ton of money while trying to lose.


I believe Rick has said this a bunch, but it is revenue sharing. Then both sides just try to grow the pie. The cap hasn’t been much of an issue in the NFL and NBA.

I think fully guaranteed contracts are also an issue, although appearing to benefit the players, it means unproductive and hurt players are getting paid while sucking up a team’s payroll dollars.

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PostPosted: Tue Jun 16, 2020 11:10 am 
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Antarctica wrote:
Its absolutely the player's fault. Very nearly 100%. They are trying to leverage this situation to get the owners to open the books and they are killing the game in the process.

The only sliver of responsibility that falls with ownership is that they haven't just opened the books and had a season. Even if it is an unreasonable demand, they should just give in and have baseball.

???

Analytics and MLB itself has destroyed baseball. The players just play.


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PostPosted: Tue Jun 16, 2020 11:12 am 
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Analytics has made it less entertaining. Same thing in the NBA. I don’t like the hit a homer or shoot a three at any cost approach. But to each his own.

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PostPosted: Tue Jun 16, 2020 11:14 am 
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Kirkwood wrote:
Analytics and MLB itself has destroyed baseball. The players just play.

Oh, you'll find no disagreement from me there. Just this particular situation is the player's fault.


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PostPosted: Tue Jun 16, 2020 11:55 am 
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I have seen a few articles on the Braves financial results since they are publicly disclosed in Liberty Media’s public filings. As I suspected based on financials, I have reviewed for sports teams in the past, there is a lot of non cash charges for depreciation and amortization. For those not familiar with accounting rules, those non cash charges account for money spent previously on fixed assets and acquisitions. They are often discounted by analysts, but they represent real costs that have already been incurred. With that, here is the last three years:

Revenues (in millions)
2019- 476
2018- 442
2017- 386

Pretax income/loss
2019- (39)
2018- 1
2017- (113)

Income before non cash expenses:
2019- 49
2018- 88
2017- 2

So even if you use the broad metric of income, they are not making that much relative to the value of the franchise, i.e. a very low return on investment. The entire value of these franchises is simply the ability to sell them at a higher price. But on an annual cash flow basis, there is not much there at least with the Braves.

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PostPosted: Tue Jun 16, 2020 11:58 am 
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denisdman wrote:
I have seen a few articles on the Braves financial results since they are publicly disclosed in Liberty Media’s public filings. As I suspected based on financials, I have reviewed for sports teams in the past, there is a lot of non cash charges for depreciation and amortization. For those not familiar with accounting rules, those non cash charges account for money spent previously on fixed assets and acquisitions. They are often discounted by analysts, but they represent real costs that have already been incurred. With that, here is the last three years:

Revenues (in millions)
2019- 476
2018- 442
2017- 386

Pretax income/loss
2019- (39)
2018- 1
2017- (113)

Income before non cash expenses:
2019- 49
2018- 88
2017- 2

So even if you use the broad metric of income, they are not making that much relative to the value of the franchise, i.e. a very low return on investment. The entire value of these franchises is simply the ability to sell them at a higher price. But on an annual cash flow basis, there is not much there at least with the Braves.

Sell! Many takers


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PostPosted: Tue Jun 16, 2020 12:07 pm 
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denisdman wrote:
I have seen a few articles on the Braves financial results since they are publicly disclosed in Liberty Media’s public filings. As I suspected based on financials, I have reviewed for sports teams in the past, there is a lot of non cash charges for depreciation and amortization. For those not familiar with accounting rules, those non cash charges account for money spent previously on fixed assets and acquisitions. They are often discounted by analysts, but they represent real costs that have already been incurred. With that, here is the last three years:

Revenues (in millions)
2019- 476
2018- 442
2017- 386

Pretax income/loss
2019- (39)
2018- 1
2017- (113)

Income before non cash expenses:
2019- 49
2018- 88
2017- 2

So even if you use the broad metric of income, they are not making that much relative to the value of the franchise, i.e. a very low return on investment. The entire value of these franchises is simply the ability to sell them at a higher price. But on an annual cash flow basis, there is not much there at least with the Braves.


Do they have separate corporate entities that sell the beer and handle the parking, etc.?

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PostPosted: Tue Jun 16, 2020 12:14 pm 
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No, it is included in the group results. Here is the disclosure.

Revenue includes amounts generated from Braves Holdings’ baseball and development operations. Baseball revenue is derived from three primary sources: ballpark operations (ticket sales, concessions, corporate sales, retail, suites and premium seat fees), local broadcast rights and national broadcast rights, licensing and other shared Major League Baseball (“MLB”) revenue streams. Development revenue is derived from the mixed-use facilities and primarily includes rental income. For the years ended December 31, 2019 and 2018, revenue increased $34 million and $56 million, respectively, as compared to the corresponding prior years. Baseball revenue per game increased in 2019 due to increases in ballpark operations revenue, driven by increases in attendance, and revenue from local and national broadcasting rights. In addition, one additional postseason home game contributed to higher baseball revenue in 2019.

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PostPosted: Tue Jun 16, 2020 1:44 pm 
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Let's not over-complicate this....there is no shortage of wealthy elitists that would love to own an MLB team. You show me a franchise for sale, and there will be a line of people interested in buying.

If there wasn't immediate and long-term financial gain to be had.....they wouldn't sell. The rest is just financial gymnastics.

/thread

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PostPosted: Tue Jun 16, 2020 1:47 pm 
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Terry's Peeps wrote:
Anyone blaming the players is flat out wrong.

Both are at fault. Why shouldn't the players take a hit for no fans in the stands?

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PostPosted: Tue Jun 16, 2020 1:57 pm 
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BigW72 wrote:
Let's not over-complicate this....there is no shortage of wealthy elitists that would love to own an MLB team. You show me a franchise for sale, and there will be a line of people interested in buying.

If there wasn't immediate and long-term financial gain to be had.....they wouldn't sell. The rest is just financial gymnastics.

/thread


Yeah it is like when the Blackhawks were claiming losses during the Stanley Cup years.

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Not over yet.
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PostPosted: Tue Jun 16, 2020 2:16 pm 
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I suspect there are some highly levered ownership groups out there that the banks won't give them any more money to. and the partners aren't willing to dig into their own pockets to make payroll. cash flow problems. as is, there's no money coming in but none going out either.

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PostPosted: Tue Jun 16, 2020 3:20 pm 
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Nardi wrote:
denisdman wrote:
I have seen a few articles on the Braves financial results since they are publicly disclosed in Liberty Media’s public filings. As I suspected based on financials, I have reviewed for sports teams in the past, there is a lot of non cash charges for depreciation and amortization. For those not familiar with accounting rules, those non cash charges account for money spent previously on fixed assets and acquisitions. They are often discounted by analysts, but they represent real costs that have already been incurred. With that, here is the last three years:

Revenues (in millions)
2019- 476
2018- 442
2017- 386

Pretax income/loss
2019- (39)
2018- 1
2017- (113)

Income before non cash expenses:
2019- 49
2018- 88
2017- 2

So even if you use the broad metric of income, they are not making that much relative to the value of the franchise, i.e. a very low return on investment. The entire value of these franchises is simply the ability to sell them at a higher price. But on an annual cash flow basis, there is not much there at least with the Braves.

Sell! Many takers


People buy for the ego. Would you invest a million dollars a year to profit 1,000 per year? No.

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PostPosted: Tue Jun 16, 2020 3:37 pm 
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Boilermaker Rick wrote:
Terry's Peeps wrote:
Anyone blaming the players is flat out wrong.

Both are at fault. Why shouldn't the players take a hit for no fans in the stands?

Why shouldn't the players taste the profits when there are MANY fans in the stands? You're arguing for losses to be socialized but profits are OK to be enjoyed primarily by owners.


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PostPosted: Tue Jun 16, 2020 4:06 pm 
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Kirkwood wrote:
Boilermaker Rick wrote:
Terry's Peeps wrote:
Anyone blaming the players is flat out wrong.

Both are at fault. Why shouldn't the players take a hit for no fans in the stands?

Why shouldn't the players taste the profits when there are MANY fans in the stands? You're arguing for losses to be socialized but profits are OK to be enjoyed primarily by owners.


Thirty years from now, will it be considered quaint that teams in the four major sports were spread out all over the country, and that people bought season tickets?

The NBA and NHL scenarios are going to put this to the test. At what point do we have contraction back down to 16 teams without "homes", but more of an IceCube Big3 type setup where the star players run their own teams, there is a semi-barnstorming approach, and there are measures in place to prevent fixing games?

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PostPosted: Tue Jun 16, 2020 4:12 pm 
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Boilermaker Rick wrote:
Terry's Peeps wrote:
Anyone blaming the players is flat out wrong.

Both are at fault. Why shouldn't the players take a hit for no fans in the stands?


Because they do not get bonuses when revenue goes up more than anticipated.

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conns7901 wrote:
Not over yet.
Yes it is.


CDOM wrote:
When this is all over, which is not going to be for a while, Trump will be re-elected President.


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PostPosted: Tue Jun 16, 2020 4:22 pm 
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conns7901 wrote:
Boilermaker Rick wrote:
Terry's Peeps wrote:
Anyone blaming the players is flat out wrong.

Both are at fault. Why shouldn't the players take a hit for no fans in the stands?


Because they do not get bonuses when revenue goes up more than anticipated.



Exactly. The owners didn't split the 100 mil they each got from the app with the players. But they want the players to share the downside. Ridiculous.

And look, I don't feel sorry for the players. Most of them are asswipes too. But the current situation is 100% the fault of the owners.

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