where can i purchase gyne-lotrimin mircette side effects mood swings best drugstore foundation 2012 abilify coupons and discounts duloxetine dosage anxiety levitra generico en espan~a cheap voltaren india what dosage does baclofen come in zebeta online overnight shipping aciclovir cheap india pharmacy buying sarafem using paypal vermox direct pharmacy side effects of keppra in infants brand viagra from uk keflex in the uk now orlistat shortage october 2012 buy synthroid online with mastercard drug market order viagra jelly 10 000 games pc cd hytrin tablets from buy buy alli online weight loss albendazole wormer for dogs how to drink orlistat lesofat is cleocin gel legal in uk what does tinidazole tablets treat furosemide medication treatment lasix shortage why can i take celexa and cold medicine health canada lopressor want to buy tadalafil canada trazodone tablets 100mg genuine lariam best price can you buy cheap flovent inhaler isoptin pill shop discount code anti erection pills keftab prices at costco cheap viagra 150 mg best rx online pharmacy india what is finpecia for what is the formula weight of aspirin buy voltaren boots pharmacy rizatriptan dosage buy lioresal usa minocycline acne price cardura on the internet generic avapro in angiotensin irbesartan beconase aq mg price price increase desyrel can buy serpina online acheter pas cher compazine lexapro vs. generic citalopram cheapest medrol tablets uk leukeran tablets buy how to take prazosin what does methotrexate do to the liver buy cialis tablets india sublingual drugs cheapest valtrex order methotrexate 25 mg dipyridamole overnight lopid pill shortage what is risperdal for kids what is tamoxifen prescribed for cheap zanaflex uk canadian pharmacy aricept 23 mg 10mg buy amitriptyline online depressant viagra sildenafil 50mg pom buy eulexin inhaler canada viagra soft pharmacy online stieva-a gel review buy generic arava online buy ciplox mexican pharmacies venda alli internet accutane hair loss lawsuit buy zestril hong kong best place buy propecia what is the generic for actonel does cialis work right away liposafe from online drugstore in the philippines buy tricor 48 mg where is coumadin absorbed in the body fincar best price proscar hair risperdal shortage buy generic ditropan best place to buy kamagra uk cheapest over the counter inhalers cvs uk version of chloramphenicol viagra sildenafil citrate kaufen comprar differin original generic cialis review where to buy cheap generic shallaki buy phexin can you take azithromycin for strep throat voveran discounts codes gabapentin 100mg neurontin buy prednisone online now pain medication called mobic erythromycin buy no prescription nootropil australia pharmacy cialis super active no prescription reviews mentax online uk side effects of ginseng extract pak drama online geo ashwagandha tablets for weight loss acticin shipping overseas tadapox sale drugs cialis lamisil uk boots best generic trental sites is it illegal to order generic hoodia lady era without prescription miami fincar phone orders generic brand for valtrex prescription antabuse medication where do i buy crestor best price diarex houses for sale in brookwood park artane how to use himalaya confido what is meclizine hcl 12.5 mg can you buy zantac over the counter uk american standard celerity vessel what does cytotec prescription cheap estrace online without cheap genuine pletal online buy osta rx uk order floxin ear drops online cheap lady era seroquel tablets sleeping female viagra pas cher tinidazole generic name india zovirax buy online uk estradiol creme at low price pharmacy what is terbutaline for pregnancy albendazole drug classification over the counter equivalent to accutane long safe take propecia where can i get some benzac liquid acai review half price prednisone us pharmacy online skelaxin can you order zyrtec safe place sale co diovan forte rui cialis is there a drug comparative to remeron where can i buy caffeine pills canada side effects of jelly viagra online buy aldactone without where can i buy diamox in canada buyers of dostinex canada harga salep elocon krim price increase prometrium ultra low dose hoodia side effects of zestril 5 mg buy exelon rivastigmine isoniazid 300 mg tablet side effects best glucophage prices cheap celadrin can buy digoxin online no rx cialsis sales in canada buying cordarone using paypal pictures of all xanax pills zovirax no script Purchase abilify 10 mg aripiprazole how long does accutane 20 mg take to work order viagra jelly medication by mail arimidex vs tamoxifen pct 100 hoodia gordonii products best natural sex pills for women buy cytotec in singapore lasix 40 mg tabletas safe cymbalta no precription suprax side effects long term use average cost of finasteride purim online coupon code buy oxytrol uk how much will celadrin cost side effects of erythromycin tablets 500mg buy nexium without rx isoniazid limited india accutane usa cvs prices before and after pictures of people on accutane what does the drug meclizine do propecia online orders compare prices antabuse buy finast without a script us pharmacy online valtrex zoloft with no rx what is luvox side effects generic accutane from india retail price protonix cheapest risperdal in the uk neurontin medication information suppliers of lisinopril in us buy strattera inhaler canada order northern alligator lizard kamagra reviews side effects azulfidine supplier in uk etodolac abuse shatavari supplier in uk canadian pharmacy avalide online order generic zofran costco pharmacy olanzapine price therapeutic classification of flagyl best price for retin-a micro gel naprosyn tablets uses geriforte online pay paypal discount pharmacy toronto how to take pletal cardizem cd open capsules how to take female cialis altace without rx differin 3 gel reviews most reliable place to buy trental online western drug cialis sublingual culturismo y fitness dieta buy online lotensin generic buy comprar hong kong haridra online bactrim to buy in the canada without a prescription erectile dysfunction viagra hp 6-cell lithium-ion li-ion battery price in india ordering medication alesse mg what does furosemide do to potassium order finpecia on line canada amitriptyline no prescription uk depressant aspirin woldwide shipping prescription buy nexium online what to look for when buying acai levitra in usa what is allegra d used for etodolac generic drug canadian online pharmacy for zetia florida proventil can i buy effexor in canada valtrex herpes suppression buy viagra boots online where to buy promethazine codeine syrup online snovitra super power delivery uk getting aricept in australia shallaki overnight delivery clonidine prescription coupon cialis professional best price where to buy nexium online india atacand by mail order viagra soft uk boots is viagra sold online is real dilantin no prrescription allegra d canadian pharmacy can we trust pyridium online what does stieva-a 0.025 do canadian online pharmacy for naprosyn what are the best pills to gain weight buy provera uk best rx pill 40 lipitor 20 mg canada price where purchase capoten where to get fosamax pct lasix side effect fatigue delayed ovulation after clomid best speman prices can trileptal tablets be crushed atorlip-20 discount voucher buy generic finast online buy benicar hong kong plavix canada approval cheap generic diabecon order eulexin online order non generic vasotec viagra online singapore order medicine from canada online evista now co uk generic compazine prochlorperazine pyridium direct pharmacy walmart wellbutrin cost where to buy liv 52 drugs online lloyds pharmacy near me purchase ceftin on line in usa clozaril no prescription fedex ups dostinex cheap uk how much benadryl is safe to take for sleep generic ciplox switzerland canadian viagra reviews buy actonel uk how many benadryl do u have to take to get high side effects of zolpidem tartrate 10 mg tablet buy amoxil new zealand online buy methotrexate discount where to rumalaya forte pulmicort brand positioning buy differin 0.3 gel online buy sominex astrailia buy phentermine 37.5 online pharmacy can you buy estrogen pills can you buy revatio order nausea caused by champix research grade liv 52 cheap generic norvasc what infections is cipro good for how to order generic cialis buy voveran patch buy bactrim tablets uk what does the drug aricept do buying yagara blopress no prescription cialis amitriptyline and alcohol overdose do you need rx cyklokapron chances twins clomid iui mentat ds syrup medication side effects que es cicloferon crema sildenafilo normon 50 mg precio how to use vytorin phenamax canada overnight delivery medication aide online courses finpecia generic uk buy vermox online from usa estrace spain is wellbutrin generic buy kytril online cheap fastest brahmi uk delivery enalapril maleate and breastfeeding what is the mechanism of action for cozaar can buy methotrexate online suppliers of zantac in us where purchase arimidex prometrium online legally hydrochlorothiazide canada drug store clomid ovulation late where to get diflucan prescription needed generic from flovent order abilify 5mg online overseas pharmacy no prescription rumalaya gel losec tablets for infants levothroid online shipping vipps canada certification propranolol 20 mg tab mobic tablets for purchase buy crestor tablets online purchase carafate cheap how to take brahmi churna tinidazole cheap sildenafil for sale imuran class d drug vendita viagra generico italia amoxicillin online pharmacy no prescription buy tetracycline 5 remeron tablets uk abilify over the counter paypal craiglist buy cyproheptadine bula ciprofloxacino 500 mg alli boots chemist anti depression medication citalopram craigslist belfast cas i pill arjuna website best generic avalide sites entocort price us how quick does orlistat work where to get acai berry juice provera 10mg price philippines zenegra costco artane limited india side effects of fosamax generic where cardizem buy allopurinol canada pastillas para tener ereccion mas fuerte can you buy diflucan over the counter uk alphagan 5mg tablets buy abana with drugs where to buy levothyroxine thyroxine tablets t4 can you still buy accutane order live crawfish louisiana rocaltrol reviews for men buy vytorin patch zantac over the counter for kids resources for bactroban cheap viagra professional sale uk como comprar cialis generico en espan~a voveran d usage yagara online coupon code clonidine mechanism of action pharmacology canadian health care issues vermox cheap canada pharmacy nolvadex generic for pct generic etodolac switzerland law and order svu liv undercover astelin in usa vasotec online coupon code how to order avapro zyvox side effects children ginseng dose mg forum pour acheter du cialis where do i buy viagra in london safe buy colospa online can i get digoxin where can i buy zithromax dilantin where to purchase methotrexate alcohol nhs zestoretic paypal nitroglycerin tablets prices clomiphene challenge fertility test cct buy 1 mg finasteride buy luvox 100mg online allopurinol cost in canada canadian pharmacy norvasc how often should a man ejaculate to be healthy bactroban 20mg bula levaquin for prostatitis buy augmentin xr online buy ginseng in uk biaxin from uk canada and brand levitra buy chloramphenicol singapore methotrexate ectopic what to expect proscar without a prescription from us why is there a shortage of acivir pills online medstore compare prices dramamine discount pharmacy online canada tricor order canada paxil for dogs buy low cost albendazole 400mg actoplus met pas cher italie buy metformin without a subscription cipro antibiotic for sell se puede comprar viagra en la farmacia sin receta 2010 lexapro italiano buy trimox online no prescription united states best place to buy aldactone snovitra super power limited india generic uk paypal trazodone is generic neurontin available in usa lexapro 5mg drug donde comprar viagra sin receta costa rica to buy periactin cheap imitrex tablets for purchase compare prices rogaine 5 mexican pharmacy no prescription sumycin what is bentyl tablets where to buy alli online capsules paxil medication order order tinidazole from usa without prescription snafi where can you buy antidepressants costco reading times how to use benzac ac 2.5 cost comparison viagra levitra online discount femcare orlistat barato chile brand amoxil from usa brand metoclopramide buy no prescription retin-a 0,025 sale lasix side effect potassium licensed pharmacy cefixime augmentin dosage for adults liquid apcalis sx coupon code order endep online proventil over the counter australia zyvox sales generic pharmacy side effects of paxil cr in women drugs.com pill identifier canada lowest priced ciplox how to get off propecia purchase generic serpina negative side effects of hoodia orlistat global sales lopressor dose for migraine what does relafen do lotensin online in us cialis jelly for daily use canada what are lithium pills for finast lawsuit mentat online cheap maxaman legal us where to buy alavert d relief ropinirole side effects weight gain levitra medicine online purchase tofranil online buy proventil online no prescription us buy venlor online in usa counterfeit phenergan can you buy valtrex online such plavix prescription program pictures of abilify pills cuales son los efectos secundarios de la prednisona buy lotensin online india pharmacy online canada free shipping unisom sleeping tablets uk free discount prescriptions cards how to order viagra professional caverta without insurance haridra usa dejar de tomar sertralina sintomas buy diovan in australia generic exelon uk paypal atrovent shipping overseas mexican revatio buy mirapex greece buy phentermine 37.5 mg online diflucan single dose for yeast infection calcium carbonate online legally rumalaya drugs online purchases
Home Pete Toms LWIB: A New Generation of "Well-Paid Slaves" in MLB?, Will Einhorn bring the "Extra 2%"to the Mets?, plus Tidbits

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 650 guests online

Atom RSS

LWIB: A New Generation of "Well-Paid Slaves" in MLB?, Will Einhorn bring the "Extra 2%"to the Mets?, plus Tidbits PDF Print E-mail
User Rating: / 1
PoorBest 
Pete Toms Article Archive
Written by Pete Toms   
Tuesday, 31 May 2011 07:49

Last Week in Bizball by Pete Toms

This week in “Last Week in BizBall“, a new generation of “well-paid slaves”?, will David Einhorn bring the “Extra 2%“ advantage to the Mets?, plus tidbits.

A NEW GENERATION OF “WELL-PAID SLAVES”?

I’ve written here many times about the present and future of player recruitment in the Dominican Republic. There are several notable aspects to this matter. As the number of American boys playing baseball steadily declines, MLB franchises are increasingly reliant on acquiring talent abroad. MLB is eager to expand the Rule 4 draft (aka amateur draft) to Latin America both to control steeply increasing signing bonuses for international free agents and to foster greater competitive balance. (I’m sceptical about the latter) Player development in the Dominican Republic is, by all accounts, corrupt. Bonus kickback schemes have cost some senior level player development executives in MLB their jobs and federal charges have been laid. MLB clubs have invested millions of dollars in prospects whose ages and identities were eventually found to be fraudulent. Steroid use amongst players trained by buscones is believed to be rampant, with positive tests in the Dominican Summer League commonplace. Both the MLB Scouting Bureau and Department of Investigations are now active, on the ground, in the DR. Whether or not MLB is working with, or against, the buscones, is a matter of opinion. There appears to be agreement, in principle, between MLB and the PA that the introduction of a so called “worldwide draft” is a good idea. But the particulars of negotiating such with the respective governments is much more complex.

Aside from the industry nuts and bolts debates about reforming player development in the Dominican Republic, there is an ongoing political and social debate amongst baseball’s chattering classes (which I am a member of). In December I brought attention to a pair of reports in the New York Times (here and here) questioning if Americans are exploiting impoverished Dominican boys and their families. About the two Times reports, I wrote; “The first described wealthy Americans investing in Dominican baseball academies with hopes of earning commissions of up to 50% on contracts signed by the prospects with MLB franchises. It was difficult to interpret the report as anything less than a plantation metaphor. The second described loans made to Dominican boys and their families by baseball super-agent Scott Boras. In this instance it was difficult to interpret the report as anything less than Dominican baseball playing boys as indentured slaves.”

That first Times report identified former Yankees Chairman Steve Swindal as one of the investors in a new Dominican baseball academy, which operates independently of MLB. LWIB, Liz Mullen reported in the SportsBusiness Journal that Swindal’s group is seeking to acquire player agency heavyweight SFX Baseball for a reported $40 million. In turn, the agency would be merged with his existing Dominican academy (Pan American Sports Group) to form a new entity. According to Liz, Swindal‘s group is prepared to offer $40 million to acquire SFX Baseball. Again, according to Liz’ report, PASG’s academy trains boys aged 14-16 (the Times report speculated there were boys as young as 13 housed at such academies). All MLB franchises operate academies in the DR, but the players must be a minimum of 16 and their stay is limited to 30 days. While many will question the ethics of Swindal’s vision, the potential business upside of the proposed new entity is obvious. Liz obtained a document being circulated to potential investors which states, “Creating a holding company that owns (the player rep firm) SFXBB and PASG will benefit both entities,” “SFXBB will have unparalleled access to recruit top Latin American prospects, earlier than any other agency presently has.” Just as Scott Boras stated that players whose family members received loans from his agency are under no obligation to retain him when a MLB club attempts to sign them, Swindal stated that PASG trained players will be under no obligation to sing with an SFX Baseball agent.

While the optics of wealthy Americans effectively taking control of the lives of impoverished 14 year old boys in a foreign country are ugly, does it differ from what the buscones have done for decades? And, are MLB’s Urban Youth Academies no different, in principle, than Dominican academies? And would implementing the amateur draft in the DR change any of this? Should MLB lobby the Dominican government to sanction only their academies, shutting down the Swindal’s and buscones? Or is this a controversy created by liberal pundits? As I pointed out in December, Jeffrey Standen, professor of law at Willamette University, argued that wealthy Americans investing in Dominican baseball academies is not exploitative but rather “empowering“. Standen argues that similar private investment in impoverished domestic communities would result in a reversal of the trend of fewer African-American players in MLB.

Ironically, if U.S.-born baseball players could borrow against their "sports capital" as do players from outside the country, then we might see a change in baseball's dearth of African-American players. The very restrictions that Major League Baseball imposes on U.S.-born players effectively diminish the supply of minority players. American players cannot become professionals until they are age-eligible and are drafted or signed after the draft. As a result, American-born ballplayers must delay their professional careers, and may only negotiate with one team when they begin it. These rules lower the compensation for novice professionals, and thus raise the cost of entering the occupation. With no outside funding permitted to amateurs, young baseball players must rely on their families or their own wherewithal to undertake the considerable expense of training. Is it any wonder that U.S. minorities are disappearing from the major leagues?

The more money we can lure into investments in young athletes the better and more numerous those athletes will be. The fact that Dominican players are receiving direct funding from American interests will only further promote the Dominican player and further disadvantage the American one. Expect to see even fewer American-born players from impoverished backgrounds make it to the major leagues.

Steve Swindal, baseball plantation owner or provider of opportunity?

SELECT READ MORE TO SEE DETAILS ON DAVID EINHORN AND THE METS, PLUS THIS WEEK'S TIDBITS

DAVID EINHORN

MLB, like the other North American “stick and ball” leagues, does its best to promote/impose competitive balance/parity/mediocrity via the likes of the reverse order draft, free agent compensation (not to the free agent, but the team losing the player), revenue sharing, the Compeititive Balance Tax (de facto, MLB’s salary cap) divisional alignment (including the wild card), centralizing revenues (national TV, digital, MLB Network, secondary ticketing)…so, where and how, can a franchise gain a significant and consistent competitive edge over its competitors? Should you hope that your favourite team is owned by a fantastically successful Wall Street investor? Jonah Keri argued pretty much just that in his book, The Extra 2%: How Wall Street Strategies Took a Major League Baseball Team from Worst to First. According to Jonah, former Wall Streeters Stuart Sternberg, Andrew Friedman and Matthew Silverman completely turned around the on field fortunes of the woefully inept Tampa Bay Devil Rays simply by being smarter than their competitors (or most of them). In Jonah’s telling, the Wall Street experience of the aforementioned management group was crucial in readying them to compete in MLB. (I can’t find a quote because I don’t remember where I put the book when I returned from Mexico last month)

As you all know, LWIB saw another wildly successful Wall Streeter, David Einhorn, set to join the ranks of MLB ownership, in a minority position. Again, you know that Mr. Einhorn came to an agreement with the Mets owners that could eventually see him become majority owner. That is likely dependent on how successful Irving Picard is in suing the Mets majority owners for $1 billion. Lets assume that Mr. Einhorn is eventually majority owner of the Mets. Might he also be able to identify “the extra 2%” and make the Mets a regular playoff contender again? LWIB, the SportsBizblog wrote:

The track record of hedge fund owners in professional sports is generally a good one. Whether it's the application of lessons learned in the hedge fund business, the ability and willingness to spend the necessary time to lead the organization - since most of them are billionaires and have the luxury of time, or it's the knack for picking the right personnel, the track record holds up across sports. In baseball, there is John Henry, whose Red Sox broke an 86 year drought two years after he bought the team. In basketball, there is James Pallotta, a member of the ownership group of the Boston Celtics. In hockey, you have Philip Falcone, who owns part of the Minnesota Wild.

TIDBITS

  • Should we expect more, perhaps a full slate, of primetime baseball on Fox next season? (Anybody know how the Fox affiliates would react to that?) LWIB, the Sports Media Watch blog reported that May 21 ratings for MLB on Fox were the highest they’ve been in years. “Regional MLB action featuring Mets/Yankees earned a 2.8 final rating and 4.551 million viewers on FOX May 21, up 65% in ratings and 82% in viewership from afternoon coverage last year (STL/CHC*: 1.7, 2.504M). The 2.8 rating is tied as the highest for regular season baseball on FOX since July 2008 (BOS/NYY*: 3.0). (HT Fang’s Bites)
  • If you are interested in the debate over “blocking the plate”, Brian Goff has an interesting post at The Sports Economist blog.
  • I don’t receive NESN per se on my cable package. However, I do receive the occasional Red Sox game on NESN when it is simulcast on a Rogers Sportsnet channel. I most enjoy the Red Sox on NESN when Don Orsillo and the Rem Dawg get the giggles. So, I hope the rumour that Don is leaving NESN is false. (HT Fang’s Bites)
  • I’ve mentioned before here that MiLB president Pat O’Conner would soon need to decide if he would seek another four-year term (this term is his first). LWIB, Josh Leventhal reported that O’Conner announced he will seek a second term. As Josh has previously reported, some of O’Conner’s more ambitious initiatives such as partnering with MLBAM to form BIRCO and the Vero Beach Sports Village, have not been popular with some owners but O’Conner should easily be re-elected.
  • LWIB I learned that there is a baseball player agent named Bill Rose. I also learned that Mr. Rose owns a small part of the New York Yankees. The MLBPA is reviewing Rose’s application for recertification. Some agents think Rose’s situation is a flagrant COI. Others, including Gene Orza, believe rival agents have only become concerned about Rose’s role as owner since he started representing more high profile players. Read Liz Mullen.

Pete Toms is senior writer for the Business of Sports Network, most notably, The Biz of Baseball. He looks forward to your comments and can be contacted through The Biz of Baseball.

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?