propecia canada 5mg erythromycin tablets 500mg Levitra pills order diflucan 100 mg dosi Cialis 20mg 10 Tabs cialis 0 5 mg nexium 40 mg prospecto valtrex cheap prescription cheap dubai viagra newest cialis 40 mg amoxil 875 mg used lexapro cost 20mg ed generic viagra prednisone 60 mg pregnant buy doxycycline injections priligy generico 30 mg cialis 20 mg deutschland australia cialis online synthroid buy online augmentin 156 mg ulotka lisinopril price 10 mg nolvadex 20mg kur nexium generic brands jual nexium 20mg buy cytotec ireland lexapro buy 10mg best generic metformin dapoxetine 60mg tablets cialis 5 mg use zoloft withdrawal 100mg viagra generico sms lexapro 60 mg dose viagra pill online generic lexapro problems hydrochlorothiazide mg dosage viagra generic eu 40 mg lexapro 0.5mg propecia results online bestellen viagra valtrex generic m123 metformin 500 mg erfahrungen lexapro order online lisinopril 40 mg mg cheap cialis fast cialis online help order lexapro 10mg online cialis coupon nombre generico celebrex prednisone 50 mg withdrawal cialis online al generic valtrex expensive strattera 10 mg dosage cialis generic Washington cialis generic wholesale buying viagra mumbai buy levitra 90 pills cialis 20mg proffenials viagra 100mg pfizer buy levitra 30 pills viagra 50 or 100mg 12.5 mg phenergan unprescribed clomid 100 mg propecia generic costco viagra 25 mg wirkung medicamento levitra 10 mg cialis 20 mg china viagra 50mg tab online viagra experment ordering clomid online 5mg cialis india synthroid de 50mg generic viagra dk propecia 1 mg price prednisone 60 mg daily viagra mastercard generic viagra online genuine buy kamagra gel 20mg cialis experience lexapro online ny viagra online wiki cialis generic super prednisone 5 mg uses cytotec 100 mg buy amoxil amoxicillin online viagra singapore levitra oro 10 mg 10 mg phenergan two 5 mg cialis buy viagra onlines doxycycline posologie 20mg generic viagra philippines ciprofloxacin cipro generic cost doxycycline 100mg generic viagra spain viagra 100mg rating zithromax pack buy 40 mg lisinopril 42 400 mg wellbutrin sr diflucan 50 mg philippines online viagra business buy 1 diflucan pill 200 mg cialis india cialis dosage 10mg augmentin 125 mg prospect Cialis 5 mg Washington cialis 5mg take 4 viagra online affidabile nexium 20 mg nedir nexium generic 40 mg augmentin 75 mg diferencia viagra generico viagra online.it strattera 100mg cost levitra online kopen medikament levitra 10 mg forum glucophage 500mg doxycycline 50 mg image generic cialis names zithromax 250 mg filmtabletten lisinopril 10 mg take lisinopril 10 mg viagra online ny levitra online singapore zovirax 200 mg suspension periactin 4mg tablets zoloft tic disorders lexapro generic version buy cialis singapore online cialis canadian harga zovirax 200 mg 5mg cialis daily viagra 50mg cost celebrex 200 mg medication nexium generic buy propecia 5mg break cialis 5 mg pt celebrex 200 mg indicaciones generic nexium 2012 zovirax tabletter 800 mg cialis china order levitra 15 mg buy nolvadex buy cheapest propecia us cialis 100 mg forum generic valtrex buy viagra online prednisone 5mg reviews levitra dose 5 mg zovirax generic uk metformin 500 mg order lexapro 10 mg success zithromax buy generic cialis usp 40mg zithromax online us cheap cialis black generic doxycycline hyclate viagra online blue 20 mg cialis coupons cialis 2 20mg pills cialis cost online cheap kamagra uk lexapro 20 mg controlled doxycycline mono 150mg generic wellbutrin sr zoloft order canada cialis 20 mg efectos hydrochlorothiazide 25 mg dosage shop levitra 5mg tesco levitra online viagra online 150mg zoloft 250 mg dosage miglior viagra generico viagra powder order efectos celebrex 200 mg levitra 20mg filmtabletten doxycycline 50mg dosage viagra generico espanha wellbutrin sr 100 mg buy priligy lexapro 0.50 mg cialis 20mg 8x levitra 10 mg nedir buy propecia slovakia generic priligy safe lisinopril eg 5 mg hydrochlorothiazide pms 12.5 mg doxycycline 20 mg yeast cialis nongeneric levitra 10 mg medicine lisinopril 10 mg mexico nexium 20 mg biverkningar buy antibiotic bactrim canada generic cialis zovirax 800 mg dosage online levitra rx cipro registration online cheapest levitra prices cialis 20 mg prostatectomia prednisone cats online lisinopril 5 mg pill safe buying viagra 500 mg of valtrex viagra philippines online doxycycline mono 100 mg fungsi erythromycin 400mg viagra sale online cialis 20mg original testberichte viagra 100mg doxycycline online paypal viagra 100mg preis 4 40mg nolvadex generic strattera available erythromycin 250 mg bp generic cialis tabs buy propecia bangkok pattaya viagra buying 2011 generic zoloft mg buy nolvadex singapore cheap viagra search ordering real viagra Cialis 20mg 60 Tabs their generic propecia buy zithromax 250 mg cheap cialis uae lisinopril 10 mg w 929 zovirax generic dosage metformin 500 mg infertility cialis generic fast levitra 10mg buy 10mg lexapro wellbutrin switching lexapro generic celebrex generic yet levitra bucodispersable 5 mg viagra deutchland online medicament cialis 10 mg overnight cheap viagra propecia canada online buy propecia fsa order propecia uk lasix 20 mg diuretico priligy online kaufen generic lexapro 2012 price generic zithromax chlamydia xenical 120 mg 84 cap clomid 12.5mg zovirax dosage mg buy propecia belgium clomid online without canova 50mg viagra zoloft 50 mg erowid nexium generic availability lexapro generic compare lasix 500 mg online generic brand nexium kamagra 100 mg pills cheaper 500mg viagra wellbutrin 150 mgs generic viagra compare flagyl er 400 mg diflucan 50 mg breastfeeding generic viagra issues nexium 40mg malaysia viagra 50mg chats clomid pct 50mg pret viagra 50mg lasix generic drug levitra 5 mg bayer order xenical uk 20mg paxil zoloft doxycycline accord 200mg viagra online oslo buy strattera uk hydrochlorothiazide online canada erythromycin bs 500 mg nexium generic alternatives cialis buy london wellbutrin tablets 75mg purchase viagra 50 mg wellbutrin generic target obat zithromax 200 mg prednisone 50 mg novo online cialis risks diflucan 50 mg cp 10mg of levitra buy viagra zimbabwe propranolol 160 mg migraine augmentin 12h 200 mg prescription viagra 50mg generico do levitra zoloft 1mg glucophage generic metformin propecia online apotheke buy cialis australia dosis metformin 500 mg order diflucan online diflucan liquid buy cialis 5mg eurim cialis 40mgvs20mg augmentin 1000 mg xr valtrex 1000 mg online online lexapro prices clomid 100mg bijsluiter buy levitra packs generic periactin buy doxycycline buy singapore cheap soft cialis viagra online rischi cialis india 5mg notice celebrex 200mg order doxycycline hydrochloride nexium 40 mg polska nolvadex online buy prednisone taper 2.5mg cheap cialis website 40 mg cialis ed cheaper synthroid 5 mg viagra enough pfizer zoloft 100mg preise levitra 20mg 20 mg levitra viagra buying viagra shanghai cialis online only zoloft 50 mg gravidanza levitra 20mg kosten xenical 50mg buy viagra sydney propranolol 40 mg reviews lisinopril mgs order viagra cheapest xenical 120 mg formulation xenical online pharmacy celebrex 200 mg pills dangers 800 mg viagra cialis generico 100 generic viagra gb cheapest generic viagra 150 cialis 40mg online order propecia finasteride wellbutrin retard 300 mg generic strattera propranolol shanghai buy levitra 15mg oklahoma online viagra zoloft 50 mg packungsbeilage cialis 5 mg ansia siadocin doxycycline 100mg doxycycline 20 mg buy cheap viagra banglore nexium 20mg na cheap price valtrex cialis tabs 5mg nolvadex generic brand 100mg zoloft dosage bula propranolol 40mg lasix 40 mg posologie viagra generico sirve tetracycline kapsul 500 mg synthroid generic equal cialis tabletas 20 mg viagra kamagra online buy viagra sg propecia cost 5mg generic cialis cheapest nexium 10 mg colombia zithromax generic india cialis 2,5 mg generika valtrex 500 mg kullanimi phenergan tablets 25mg order levitra uk increase mg propecia generic viagra me wellbutrin dosage 200 mg buy clomid l viagra online rush generic cialis 2.5 mg. buy cheap levitra hydrochlorothiazide generics augmentin 625 mg overdose synthroid order online buy bulk nolvadex cytotec 200 mg prix viagra generico yahoo levitra 5 mg effect kamagra 100mg chewable cheap viagra dangers lisinopril 40 mg white 100 mgs of clomid lexapro generic coming generic lisinopril india 5mg cialis samples levitra precio generico xenical 120 mg ervaringen generic lexapro 2012 cost viagra 10 pills buy kegunaan celebrex 100 mg buy cialis 40online zoloft 25 mg insomnia buy viagra cipla buying cialis manila prednisone 20 mg taper cialis 50mg australia malaysia cialis 20mg 150mg viagra online lasix online buy buy lasix cheap half cialis 20mg cipro uti 250 mg valtrex buy uk buspar online kaufen cialis 5 mg romania generic female cialis zoloft dosage 250 mg comanda viagra online celebrex alternatives generic metformin er 1000 mg synthroid dosage 75 mg propecia online bestellen viagra generico resolve fake generic propecia purchase cytotec online prednisone 4 mg kg propecia and cheap online patika kamagra clomid 50 vs 100 mg discreetly buy viagra 150mg buy viagra viagra 20 mg fiyati brazilian generic viagra valtrex 500 mg indicaciones ordering lasix 100mg viagra cost valtrex 500mg cialis preis 20 mg glipizide metformin 5 500mg chinese cialis 800 mg propranolol 160 mg tablets generic levitra 2.5mg buy doxycycline bird buy kamagra ireland wellbutrin generic issues cheap synthroid coupon nexium 40 mg augmentin 1000 mg duo buy zoloft cheap levitra generico nome buy generic strattera generic valtrex doses lasix online australia nexium 20 mg 14 tablet kamagra online prodaja cheap viagra seoul tadalafil cialis 80mg augmentin 1000 mg fiyat 14 doxycycline antibiotic 100mg amoxil 50 mg viagra 100mg story viagra 50mg suppository doxycycline 75 mg 30 days generic medication propecia buy lisinopril 40 mg msds doxycycline 25 mg doxycycline mgd vanzari viagra 50mg viagra tabs online generic prednisone walmart viagra online overseas strattera 40 mg preis cipro dosage 500 mg generic propecia finasteride prednisone 20 mg appetite buy lexapro fast generic cialis affiliate generic cialis cost viagra online mumbai nexium 80 mg daily buy propecia generic viagra rak 25 mg lexapro 5 mg prise lisinopril 10 mg price cialis 10 mg use bactrim 500 mg bula lasix 25 mg 30 cpr cialis generic 2.5 mg viagra online atlantic prednisone 5mg info nexium 40 mg infusion dosis augmentin 250 mg xenical orlistat generic cytotec bh mg thuoc cialis 20mg cialis order paypal 25 mg topiramate wellbutrin clomid borderline fsh dosage viagra 50mg iui 100mg clomid generic levitra dangerous cheap viagra 4u lexapro 10 mg recreational 20 mg nolvadex ed generic for xenical
Home Maury Brown Are Some MLB Teams Profiting While Living on Welfare?

Like Shoot to Thrill - An AC/DC Tribute on Facebook!

An authentic tribute of AC/DC that covers the best of the Bon Scott era and the best of Brian Johnson's material

Who's Online?

We have 471 guests online

Atom RSS

Are Some MLB Teams Profiting While Living on Welfare? PDF Print E-mail
User Rating: / 11
PoorBest 
Written by Maury Brown   
Thursday, 03 December 2009 16:43
Coonelly
Frank Coonelly defends how the Pirates
spend their revenue-sharing funds

Yesterday, the torch was officially passed at the MLB Players Association as the PA’s Executive Committee unanimously voted Michael Weiner as the new executive director of the MLBPA, a position Donald Fehr had held for 26 years. Fielding questions from the media, Weiner was immediately hit with questions regarding MLB’s revenue-sharing policy.

"We're concerned when we have clubs that are not using the receipts for the purpose to which they were intended under our contract. It's the players' job to enforce that provision,” said Weiner Mike & Mike in the Morning. He added that the union would need to consider adjusting the provisions in the CBA "whether or not we need to add some more specific guidelines" as it pertained to the use of revenue-sharing funds.

Questions have been circulating for years as to how some clubs that take in revenue-sharing are using their funds. Whether it has been the Marlins, the Royals, or the Pirates, the notion that clubs are taking in more in revenue-sharing than they are spending on MLB player payroll, while showing a profit, raises eyebrows, not only from the MLBPA, but those that are doling out the funds, such as the Yankees and Red Sox.

In 2008, the Pittsburgh-Tribune reported:

The Pittsburgh Pirates turned a profit in 2007 -- the franchise's fourth consecutive year in the black -- and will do so again this year, regardless of how many games they win or lose.

Team President Frank Coonelly said the profit will be used to pay down the franchise's debt, which will help field a better team in the future. The Pirates have endured 15 consecutive losing seasons.

According to Forbes Magazine's annual team valuations, the Pirates' 2007 operating income was $17.6 million. That ranks 18th among the 30 major league clubs. Forbes estimated the team's value at $292 million, putting it at No. 28 among the 30 major league clubs.

"Their numbers are never right," Coonelly said Thursday. "But, we are profitable."

Coonelly add that the Pirates' actual profit was much lower,” taking into account annual interest payments of "over $5 million, maybe approaching $7 million" on the franchise's $100 million-plus in debts.”

That was then, this is now, and the story remains the same.

Coonelly yesterday defended the practices of the Pirates.

"The Pirates have used all of our revenue-sharing receipts and all of our local revenue in an effort to improve our performance on the field," Coonelly said.

When asked about the Pirates and other clubs that are posting profits while taking in revenue-sharing with low player payroll levels, Weiner, once again, voiced his concerns.

"The basic agreement requires clubs to use revenue sharing to field a competitive team," Weiner said. "We've had discussions with the commissioner's office (about) various clubs for many years under the revenue-sharing plan. I would imagine that again will be an issue in 2011."

The CBA is vague in its reference to how revenue-sharing dollars are to be used. It simply reads that the funds should be used “in an effort to improve its performance on the field.“ That means that many clubs choose to pour the funds into player development, as opposed to the Major League roster.

Or, are some clubs pocketing the funds?

If the premise is that clubs can’t compete with their large revenue-making partners unless they are subsidized, then there’s an argument to be made there. But, those same clubs should not be baseball’s most profitable.

Coonelly argues that Forbes’ figures are off, but they are a very good barometer. If we look at the Forbes figures – specifically Operating Income, a measure of profitability – you’ll find that the clubs with the lowest player payrolls, and receive the lion’s share of revenue-sharing, are some the league’s most profitable.

Based on data from Forbes from 2002 to the most recent figures released in 2009, clubs that receive the most in revenue-sharing have seen profits in most, if not all years:

Forbes Valuations (By Operating Income, in Millions)
Club 2009 2008 2007 2006 2005 2004 2003 2002 TOTAL
Rays 29.4 29.7 20.2 20.3 27.2 7.5 1.4 -6.1 129.6
Pirates 15.9 17.6 25.3 21.9 12.2 -0.3 -1.6 9.5 100.5
A's 26.2 17.6 14.5 16 5.9 11.2 1.4 6.8 99.6
Marlins 43.7 35.6 43.3 -11.9 3 -11.6 -14 1.4 89.5
Royals 9 7.4 8.4 20.8 3 6.6 -11.2 2.2 46.2

Is the revenue-sharing system in MLB nothing more than welfare? The MLBPA has the right to challenge the financials around the system, but to date, has not. The idea that some clubs are paying down stadium debt, such as the Pirates have admitted to, seems in violation of the agreement. At the very least, some clubs are not adhering to the spirit of the provision.

Some clubs, such as the A’s and Rays, have legitimate needs; their stadium is substandard. Soon, the Marlins will no longer have the crutch to lean on. The Royals have a newly renovated stadium, so they can’t use that excuse, either. The Pirates haven’t had that excuse since 2001. Based on the Forbes figures, the Pirates seem to be profiting quite. The only year that Forbes shows them posting a loss was 2002.


OTHER NEWS FROM THE BUSINESS OF SPORTS NETWORK

(THE BIZ OF FOOTBALL)

(THE BIZ OF HOCKEY)

(THE BIZ OF BASKETBALL)

(SPORTS BASH)


Maury BrownMaury Brown is the Founder and President of the Business of Sports Network, which includes The Biz of Baseball, The Biz of Football, The Biz of Basketball and The Biz of Hockey. He is available for hire or freelance. Brown's full bio is here. He looks forward to your comments via email and can be contacted through the Business of Sports Network.

Don't forget to register and log in on The Biz of Baseball site to get updates via your in-box, and see information only logged in members can see.

Follow Maury Brown on Twitter Twitter

Follow The Biz of Baseball on Twitter Twitter

FacebookFollow the Business of Sports Network on Facebook

 
 
Banner

Poll

Should MLB Force Jeffery Loria to Sell the Marlins?