• Loading stock data...
Monday, June 24, 2024

MLB Owners Confront Payroll Disparity Among Teams

  • MLB launched an economic reform committee in part to address payroll disparity between teams.
  • Owners differ on the need for reform.
A detailed view of an MLB baseball sitting on grass.
Sam Navarro-USA TODAY Sports

As Major League Baseball looks to shift its economic model, owners are not all on the same page.

“I believe the vast majority of players, agents, and clubs dislike baseball’s economic system,” Boston Red Sox owner John Henry said. “Competitive balance continues to be a huge issue for clubs.”

MLB payrolls range from the Oakland A’s $61 million to the New York Mets’ $355 million, per Fangraphs.

That disparity was partial motivation for the economic reform committee MLB launched last week. Mets’ owner Steve Cohen, however, said that he was “absolutely not” the target of the committee, despite running a payroll $83 million higher than the second-place New York Yankees.

“They laid down the rules, and I’m following them,” Cohen told reporters last week.

The creation of the committee has raised the prospect that owners could push for a salary cap, which the MLB Players Association has long opposed.

“We’re never going to agree to a cap,” said MLBPA executive director Tony Clark. “Let me start there. We don’t have a cap. We’re not going to agree to a cap.”

While some have questioned the sustainability of Cohen’s approach, San Diego Padres’ owner and chairman Peter Seidler has pushed back on that term saying, “Putting a great and winning team on the field in San Diego year after year is sustainable.”

The Padres’ payroll is $262 million after agreeing to an 11-year, $350 million extension with Manny Machado over the weekend.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

MLB’s Rickwood Game Plans Change Significantly After Passing of Mays

The special-event game at the historic Negro League park follows the death of the iconic Willie Mays.

MLB Attendance Continues to Trend Up in the Pitch Clock Era

The pitch clock has helped spike attendance numbers the past two seasons.

Leagues’ Disclosure Demands Add Complexity to DSG’s Bankruptcy Exit

The bankrupt regional sports network operator makes an emergency motion for a discovery conference.

Rays Nearing $1.3B Stadium Deal, Clear Path to St. Pete Commitment

The St. Petersburg city council gives preliminary approval to the Rays’ $1.3 billion stadium project.
podcast thumbnail mobile
Front Office Sports Today

How Women’s Sports Media is Charting Its Own Path

0:00

Featured Today

Jan 3, 2022; Pittsburgh, Pennsylvania, USA; General view of the NFL shield logo signage before the Pittsburgh Steelers host the Cleveland Browns at Heinz Field.

Odds Stacked Against NFL in Multibillion-Dollar Sunday Ticket Trial

Why the class action trial does not look promising for the league.
Jan 7, 2024; San Francisco, California, USA; Toronto Raptors forward Jontay Porter (11) takes a three-point shot against the Golden State Warriors during the second half at Chase Center.
June 9, 2024

‘Bound to Happen’: The Age of the Sports Betting Scandal Has Arrived

A banishment, betting scheme, and guilty plea all in one scandal-filled span.
June 8, 2024

‘Experimental in Nature’: The Rapid, Confounding Rise of Streaming Bundles

Here’s why confusion continues to outweigh solutions in the streaming package boom.
June 2, 2024

The Nostalgia Market: Michael Jordan’s Memorabilia Remains Coveted, With Caveats

Due to scarcity, and sometimes, items’ undisclosed whereabouts, this world has limitations.

Clark vs. Reese: Priciest WNBA Game Set for Record-Breaking Viewership

Ticket pricing has already set a league record, while viewership expectations are lofty.
June 20, 2024

Women’s PGA Championship Tees Off With a Big Investment, Record Purse

The Women’s PGA Championship teed off Thursday.
June 20, 2024

Why Michael Johnson’s $30 Million Track League Won’t Have Any Safety Pins

The league also won’t have field events at all.
Sponsored

How HOKA is Reimagining the NIL Relationship

HOKA, the renowned athletic footwear and apparel brand, is betting on a new reality with NIL.
June 19, 2024

U.S. Hosts Copa América: A Milestone in Soccer’s Oldest Tournament

The U.S. hosting of the tournament follows a larger partnership between two major soccer federations.
June 18, 2024

Caitlin Clark Continues to be Enormous Box Office for the WNBA

Sunday’s Fever-Sky game was the most-watched WNBA broadcast in 23 years.
June 18, 2024

Euro 2024 Kicks Off With Record Demand and Streaming Issues

Ten German cities are hosting matches this month.
June 17, 2024

Spring Football’s Future: UFL’s Mixed Results, Ambitious Changes Ahead

“You really need deep pockets,” former XFL commissioner Oliver Luck tells ‘Front Office Sports.’