• Loading stock data...
Saturday, July 27, 2024
Join us this September for Tuned In Request to Attend

It’s All Fun and Games (‘Till Somebody Brings Up the Money)

Baseball: The Healthiest Dead Guy I Know

Most of my favorite weekly columns have some recurring names or theme…Peter King’s Monday Morning Quarterback; Matthew Berry’s Love/Hate; Rick Reilly’s “Life of Reilly,” back in the day…The title I kept toying with for my space here was “Diamond Notes.” Perfect fit! Clever, descriptive, references the two major topics covered (baseball and Benjamin’s…) and then I realized why it kept rattling around in my head.

Peter Gammons (and just about every fifth baseball blogger) already have that trope taken. Alas, swing and a miss! So for now…

It’s All Fun and Games

(‘Till Somebody Brings Up the Money)

 

Now, on to the writing…

In what seems like an annual routine this time of year, reports forecasting baseball’s demise are dominating the sport’s coverage in January. Earlier this month, Yahoo Finance cited a Gallup Poll indicating MLB’s declining popularity during their look at where the sports industry is headed in 2018. As Ben Rohrbach notes, for the first time in over a decade, the poll measuring fans’ favorite sport to watch showed basketball overtaking baseball as America’s second-favorite sport, with soccer not too far behind.

Credit: Yahoo Finance

At a mere 9 percent, baseball received its lowest level of support in the poll’s entire history, all of which was taken as an indication that the “Great American Past-Time” is well past it’s prime.

My, how quickly we forget the enthusiasm and excitement surrounding the MLB Playoffs the last two years. Fans flocked to the sport in October 2017, with the Astros-Dodgers World Series generating some of its highest ratings in years. Go back to just 2016, and you have the Cubs World Series victory celebration generating the 7th largest crowd in human history! With a turnout like that and it’s ability to generate over $9 billion in revenue in 2016, baseball is clearly still thriving- both as a sport and a business in the entertainment industry.

That being said, there have been a few interesting trends to emerge during the MLB Offseason this year. Moves made by the Miami Marlins, Tampa Bay Rays, and Pittsburgh Pirates trading away star players and faces of the franchise for budgetary reasons have raised almost philosophical questions for baseball fans today:

Is the MLB a sport or a business? What’s the responsibility of a team and it’s owner? Turning a profit? Providing entertainment? Putting a competitive team on the field…?

Both! All of the above! Which is what makes owning and operating a pro sports team such a nuanced activity. Baseball is a business. Franchises are run to turn a profit. They turn that profit by providing their core product: a good, productive, entertaining team for fans to cheer. Yet sometimes those objectives aren’t congruent.

There are fewer owners like George Steinbrenner of the New York Yankees and Mike Illitch of the Tigers emptying the war chest every year with the sole motive of winning, pushing teams to take a more deliberate, responsible approach to strategic roster building. Franchises are no longer mere vanity projects or hobbies with unlimited funding. They are designed to be thriving businesses built on fan passion.

With that shift, the MLB Hot Stove has become so cold this year it makes an E-Z Bake Oven seem industrial grade. Teams are acting more deliberately, player valuations are changing, and both sides are left feeling out the new landscape. As Sports Illustrated, ESPN, and namely Tyler Kepner have noted, “with analytics now entrenched in front offices…there is an increasingly long list of once-valued statistics and perceived skills that front offices don’t pay for anymore.”

Front offices have moved on, targeting new measures generated by Statcast underlying the game. Spin-rate, launch angle, hard-hit percentage…that’s what teams are using to evaluate today’s free agent; not the traditional RBIs, homers, and other intangibles they used to chase after. Things like leadership and experience that are unquantifiable have been replaced by concrete metrics and more analytical measures. (Interestingly, that seems to pertain to front office assessments of managers as well, with five rookie hires made that lack the experience that used to be a prerequisite for eligibility).

These moves are not based on collusion, nor are they callous franchise tear-downs a la the Cleveland Indians in the movie “Major League.” The developments are an offshoot of teams’ well-intentioned, concerted efforts to rebuild. It is ownership focusing on the moves necessary to sustain a thriving franchise. Fans should be pleased.

Yes, it may be frustrating- and in some cases heartbreaking- to watch an inferior lineup take the field as a face of the franchise leaves, but remember: the goal is not to lose simply because it costs less money; its team execs effectively managing their competing objectives. Front offices are acting deliberately to optimize winning with franchise longevity; building for long-term success in the future with moves that may generate unfortunate losing in the moment.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Jul 12, 2023; Los Angeles, CA, USA; ESPN president Jimmy Pitaro arrives on the red carpet before the 2023 ESPYS at the Dolby Theatre.

ESPN’s Negotiating Tactics Left TNT in the Dust for NBA Rights

Warner Bros. Discovery’s nonchalant negotiating approach backfired.
Teahupo'o Tahiti Surfing

Olympic Surfing Crashes on Tahiti Like a Wave

For Teahupo‘o’s locals, the Olympics are a mixed blessing.
Jun 6, 2024; Boston, Massachusetts, USA; Shaquille O'Neal looks on before the game between the Boston Celtics and the Dallas Mavericks in game one of the 2024 NBA Finals at TD Garden.

TNT Launches an A-List Marketing Blitz to Save ‘Inside the NBA’

The push has fans, players, and celebrities making noise.

The Perfect Storm Propelling ‘EA Sports College Football’ to Early Success

Growing fandom and a long wait have already reaped dividends for EA.
podcast thumbnail mobile
Front Office Sports Today

Olympics Open: What Athletes Can Do With 15 Minutes of Fame

0:00

Featured Today

The FTC Noncompete Ruling Could Change MMA As We Know It

Fighters could see their options—and earnings—grow.
July 21, 2024

O No Canada: The Next Big Sports Betting Scandal Could Erupt North of the Border

‘It’s open-season for match-fixing up there.’
July 20, 2024

The Road to the Return of ‘EA Sports College Football’

This summer, the biggest development in college sports is virtual.
Apr 15, 2024; Brooklyn, NY, USA; Caitlin Clark poses with WNBA commissioner Cathy Engelbert after being selected with the number one overall pick to the Indiana Fever during the 2024 WNBA Draft at the Brooklyn Academy of Music.
July 16, 2024

Women’s Sports Merch Is a $4 Billion Market, but Supply Isn’t Meeting Demand

Retailers can’t make women’s sports apparel fast enough.

Top Sports Business Jobs This Week (May 2024)

Each week, our staff combs through the thousands of job listings from…
August 10, 2022

PGA Tour Touts Projected Earnings to Keep Players

The PGA Tour is asking its players to consider their potential futures.
October 3, 2022

Real Madrid President Renews Call for Super League

Real Madrid’s president believes that soccer is losing ground.
Sponsored

TopSpin 2K25 Brings the Legends of Tennis to Your Living Room

2K sports is reviving a classic with TopSpin 2K25.
August 10, 2022

Bayern Munich to Make Growth Push in U.S. Market

Bayern Munich is looking to expand its reach in the U.S.
Nintendo-logo
August 3, 2022

Nintendo Profits Underwhelm, Switch Sales Decline

Nintendo failed to meet expectations in the company’s latest earnings report.
manfred_at_microphone
August 19, 2021

MLB Owners Propose $100M Salary Floor

Major League Baseball owners have proposed a $100 million payroll minimum for MLB’s 30 teams and a lower luxury tax threshold.
nfl_logo
July 23, 2021

NFL to Players: Get Vaccinated or Pay the Price

The NFL’s threatening to drop the financial hammer on un-vaccinated players and teams that cause forfeited games in 2021, according to memo.