2020-21 Baseball Offseason Thread

Can’t see that last year a single team did anything but lose money. It’s not the NFL where the gate and concessions are gravy. Another half season without ticket sales and attendance will start to have a impact on teams. You can’t spend equity unless you borrow against it or sell.

 

Get the players to sign a COVID waiver as they rejected a plan that tried to minimize health risks.

 

They didn’t reject any such plan.

 

The value of their franchises did not go down.

 

Until one actually sells I’d be hesitant to believe that. Still, until the owner sells its hypothetical what the value is without borrowing against it. And the interest decreases the net value.

 

I guess if some owner was insistent on selling *tomorrow*, with the 2021 season and its gate somewhat up in the air, and labor issues looming, they might not get as much for it as whenever they have a labor agreement in place, or, pre-pandemic. But you have to search pretty hard for a MLB, NBA or NFL ownership buy/sell decision that turned out badly. Even owners who have ran their teams into the ground for decades - Sterling, Dolan - have managed to make yearly profits or sell out at the end for massive profits.

 

What did they reject?

 

Lots of things that you never thought would happen, have happened.
1880 to 1998 the median P/E ratio of the S&P 500 was slightly less than 15. And spent most the time between 10 and 20, very rarely going below 10 and rarely going above 20. In 2009 it hit 123. It’s now at 39. There was good reason for the historic numbers to stay relatively within a reasonable high and low. Now the only reason is too many dollars chasing to few returns on investment. That is not going to last, nothing ever does. Sport team values are inflated because of supply and status, not return of investment.

as a personal matter, I don’t give a shit about how much the mother fucking owners make or how much the mother fucking players make. They are equal at the major league level as far as I’m concerned. The players are just as selfish and greedy and the owners. If they had a dollar’s amount of altruism, the players’union would institute a tax on Major League salaries of half of 1% to make up for the less than minimum wages the minor leaguers make. But the brotherhood of the union extends as far as the player’s hand is from his wallet.

I’m just a consumer. I want to watch the games I like at the lowest possible cost with the greatest possible quality of game.

 

They're just trolling now, right?

 

Pirates sure won that trade.

 

Cy Young never won a Cy Young.