• Loading stock data...
Monday, December 23, 2024

Manfred Urges Patience on Rays Ballpark, Eyes MLB Media Shift

MLB is ending the year on a high after increased attendance, improved game times, and scintillating playoffs, but plenty of pressing issues still loom.

Oct 16, 2024; New York City, New York, USA; MLB Commissioner Rob Manfred before game three of the NLCS for the 2024 MLB playoffs at Citi Field.
Brad Penner-Imagn Images

MLB commissioner Rob Manfred is stressing the need for patience with a hurricane-battered Tampa region weighing whether to still fund the Rays’ planned $1.3 billion ballpark. 

“We got thrown, and the Rays got thrown, a curveball by weather developments,” Manfred said, speaking with reporters during owners meetings happening this week in New York. “I’m hopeful that we’re able to work through the situation in Tampa Bay. … Given the devastation in that area, it’s only fair to give the local governments an opportunity to figure out where they are, what they have available in terms of resources, and what’s doable.”

The commissioner’s comments Wednesday arrived a day after the Pinellas County, Fla., commission delayed for a second time a vote to issue bonds to fund part of the stadium, throwing the project again into doubt. The county commission will revisit the bond issue, which would supply $312.5 million toward stadium construction, on Dec. 17.

But Manfred, striking a different tone than the club’s more downcast comments this week to local officials, reiterated that the league is fully committed to the Tampa region. Playing a second year in a temporary facility, should it become necessary, would require clarity on stadium funding.

A New Day in Local Media?

MLB, meanwhile, continues to revisit the notion of ultimately amassing a pool of teams’ local media rights to pursue a more centralized and nationalized strategy, somewhat akin to what the NFL does. Manfred has spent many months pursuing this, and the number of teams in the league-run model now is up to seven after the Brewers, Guardians, Reds, and Twins in recent weeks joined the incumbent Diamondbacks, Padres, and Rockies.

A key timetable on that will be in four years when existing national rights contracts with ESPN, Fox, and TNT Sports all are due to expire (there is an earlier, mutual opt-out in the ESPN deal after next season). But pooling a greater number of local rights by then, along with national rights, would open up more possibilities as MLB goes out to market.

Such a move, however, also contemplates a fundamental reshaping of MLB’s revenue flow, which has huge ramifications both internally and with the MLB Players Association. The current collective bargaining agreement with the players expires in December 2026, and the next labor pact will likely bridge over that key media timeline. 

“There’s an overwhelming sense of relief that the [Diamond Sports Group] bankruptcy is to a conclusion, and we have some certainty with respect to who’s going to be with MLB Media,” Manfred said. “We did a pretty good job in terms of maximizing the economics for the clubs. We never lost a game, and we have a lot of flexibility come 2028, which was our primary focus.”

Pinstripe Power

Yankees managing general partner Hal Steinbrenner insisted the club is still a viable contender to retain free-agent outfielder Juan Soto. The 26-year-old has been meeting in recent days with several MLB teams and their owners, all in preparation for a deal that is likely to exceed $600 million and become the second-largest pact in U.S. sports history, and perhaps the biggest in present-day value. The Yankees have been among that group, and Steinbrenner called the roughly two-hour session with Soto and agent Scott Boras “a very honest, back-and-forth dialogue.”

“We’re in a better position than we were a year ago. There’s no doubt about that,” Steinbrenner said of the Yankees’ financial wherewithal. “We’ve got the ability to sign any player we want to sign.”

Steinbrenner added that he is well aware of the pressure surrounding the pursuit of Soto—particularly as he competes with teams such as the World Series champion Dodgers, the aggressive Phillies, and the crosstown Mets, backed by the league’s richest owner, Steve Cohen, and a new, joy-filled vibe that departs from that franchise’s angst-filled history.

“I’ve got ears. I know what’s expected of me,” Steinbrenner said. 

Other News

  • Japanese phenom Roki Sasaki is expected to be part of the 2025 international signing class beginning Jan. 15, which would involve reset bonus pools for all 30 clubs.
  • Testing will begin during spring training on an automatic ball-strike challenge system, with an eye toward potential MLB use in 2026. 
  • Manfred said the A’s are still “full steam ahead” on plans to construct a new ballpark in Las Vegas with a 2028 opening. 

“I understand there seems to be some sense of doubt that persists out there, but [A’s owner] John Fisher is completely committed to the process. … They’ve gone through the process of demonstrating that whether or not he takes on local partners, he has the capacity to build the stadium,” Manfred said.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Oct 8, 2024; San Diego, California, USA; Los Angeles Dodgers outfielder Teoscar Hernandez (37) celebrates with designated hitter Shohei Ohtani (17) after hitting a grand slam in the third inning against the San Diego Padres during game three of the NLDS for the 2024 MLB Playoffs at Petco Park.

Three MLB Teams Paid 84% of Record $311M Luxury Taxes This Year

The Dodgers, Mets, and Yankees combine for 84% of MLB’s luxury tax.
Oct 15, 2024; Las Vegas, Nevada, USA; Golden State Warriors guard Stephen Curry (30) drives past Los Angeles Lakers forward LeBron James (23) in the second quarter during a preseason game at T-Mobile Arena.

NBA Trying to Keep Christmas Tradition Alive Amid NFL’s Presence

It will air all five of its Christmas Day games on ABC.

A New Christmas Tradition: Netflix Set to Make NFL Debut

The streamer will show Chiefs-Steelers and Ravens-Texans on Wednesday.
Sabrina Ionescu

Unrivaled Adds Sabrina Ionescu As More Salary Details Emerge

The fledging league is paying its 36 players six-figure salaries.

Featured Today

Nov 23, 2024; Corvallis, Oregon, USA; Oregon State Beavers students celebrate during the fourth quarter against the Washington State Cougars at Reser Stadium.

How the Pac-12 Rose From the Ashes in 2024

The conference went from uncertain future to remarkable comeback.
Texas Memorial Stadium
December 21, 2024

Inside the First On-Campus College Football Playoff Games

FOS is on the ground in Austin for Clemson-Texas.
Pat McAfee holds up the USC Gamecock during ESPN Gameday near Williams-Brice Stadium in Columbia, S.C. Saturday, September 14, 2024.
December 20, 2024

‘Traveling Circus’: How ‘College GameDay’ Plans to Visit Two Campuses in 24..

Inside the show’s grueling schedule for the expanded Playoff.
December 19, 2024

The Lawsuits That Defined the Business of Sports in 2024

Litigation was flying, and lawyers were busy this year.
Aug 23, 2024; Sandy, Utah, USA; Utah Royals FC forward Hannah Betfort (33) signs autographs after the match against Bay FC at America First Field.

What’s Next for League Expansion After a Busy 2024

New teams are coming in major U.S. leagues, especially in women’s sports.
LeBron James
December 19, 2024

Even LeBron James Admits NBA Might Have a Three-Point Problem

“Our game—there’s a lot of fucking threes being shot,” James said.
Dec 19, 2024; Memphis, Tennessee, USA; Golden State Warriors forward Lindy Waters III (43) shoots for three as Memphis Grizzlies guard Cam Spencer (24) defends during the fourth quarter at FedExForum.
December 20, 2024

Charles Barkley, JJ Redick, Magic Johnson Weigh In on NBA Ratings Decline

Adam Silver wasn’t ready to blame the threes, but others have.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
December 18, 2024

NFL’s 12 Days of Christmas: Stretch Includes 9 Different Days of Games

Scheduling around the holidays is creating some unique circumstances.
December 18, 2024

Is NBA Ratings Dip a True Sign of Diminished Interest? It’s Complicated

The commissioner addresses on- and off-court issues in Las Vegas.
December 17, 2024

Red Bull Gives Youth a Chance, Promotes Lawson As Pérez Replacement

Sergio Pérez finished eighth in the drivers’ championship.
December 17, 2024

NBA Cup Needs Time, Tradition to Earn Fans’ Interest

The NBA Cup was inspired by European soccer tournaments.