interest free credit cards bad credit rating secured credit cards pnc bank bank america worldpoints visa signature credit card apply for a credit card for bad credit online air miles credit card no annual fee international credit card fees class action orchard bank gold credit card reviews consolidating credit card debt cibc credit card zero interest offers pay hdfc credit card bill online through billdesk spirit airlines credit card free flights how do i pay my walmart credit card bill online advantages and disadvantages of credit cards and debit cards gap credit card paperless statements pay metrostyle credit card online how to consolidate credit card debt canada circuit city credit card pay get business credit card new business canadian credit cards with lowest interest rates shell gas rebate credit cards how to get a credit card company to reduce your interest rate report lost credit card mastercard how to apply credit cards chase student credit card limit credit card encryption+drupal secured credit cards for bad credit with no deposit card credit debt negotiation settlement accept credit cards paypal mobile credit card machine companies helzberg diamond credit card order a credit card with visa how to dispute a credit card chargeback get chase credit card bad credit credit india plastic card embossing machine credit card interest rate calculation formula goodyear credit cards online list visa credit cards numbers best credit card for medical expenses paying credit card late response letter summons credit card debt nab internet credit card payment can you use an american credit card in europe orchard credit card login what is my credit card number square iphone credit card canada best australian prepaid credit card credit card transfers zero percent credit cards no balance transfer fees best credit card with airline miles surcharge on credit card transactions which is the cheapest credit card to use abroad pay citibank credit card uae low credit card rates good credit best corporate credit card canada credit card issuers airline miles credit card for bad credit figure monthly payment credit card first premier bank credit card processing fee why do people get multiple credit cards no credit credit cards students visa use credit card through paypal can unused credit cards hurt your credit score apply for the children;s place credit card free credit card number and security code credit cards with 0 percent interest on transfers halifax credit card balance transfer to bank account sears solutions credit card application target credit card login page credit card sitex 2011 united airline credit card 50000 case-mate id credit card case for blackberry 9700 credit card air france miles natwest student credit card contact number does wachovia offer secured credit card standard chartered credit card online payment other bank discover student card average credit limit free dating no credit cards bt credit card review credit card manufacturers canada credit card default consequences california $100 free dating site no credit card first national bank credit card login amazon credit card foreign transaction fees amex centurion credit black card bank of america cancel credit card transaction hsbc credit card points redemption uk credit card special offers benefits do credit cards offer merchants best credit cards cash rebate credit card debt relief government help get new credit card sbi fortunoff credit card account charges for using halifax credit card abroad best credit card purchases samuels diamond elite credit card new acm wallet credit card holder & money clip hybrid commonwealth low rate credit card limit wamu credit card agreement can you pay credit cards online credit card with high limits applications credit card payments applied highest interest apple credit card reader uk quickbooks credit card processing reviews singapore airline letter indemnity credit card use prepaid credit card online poker universal 1 credit union card services credit cards with 0 interest for 12 months on purchases wyndham rewards visa credit card login credit cards to build credit score neiman marcus credit card pay by phone visa airline rewards credit cards transfer balance credit card 0 interest ge money credit card uk credit card starting with 4999 government credit card citi exxon mobil credit card pay on line alaska airline credit card canada itunes wont accept my credit card security number credit cards bankruptcy no annual fee free credit cards information wireless credit card terminal first data instant credit card approval canada bad credit visa disposable credit card number can jc penney credit cards used american express credit card pay online india first premier bank credit card activation phone number credit card number generator with cvv and expiration date when do you have to pay off credit card credit card numbers and security codes that work 2013 best credit cards for fair credit credit cards for people with bad credit trying to rebuild credit how much cash can i withdraw from my credit card citi.com credit card login can you pay chase credit card payment chase bank highest rated credit cards rewards activate your rbs credit card apply sears credit card login credit card payments through google stimulus help for credit card debt credit card judgement in pa visa credit card dispute resolution how do i pay federal taxes with credit card magnetic money clip credit card rbs credit card payment uae exchange credit card services rbs phone number hsbc online credit card application philippines can you use sears credit card at sears outlet credit card collection defense free background check no credit card required tractor supply credit card online update credit card information playstation network first premier centennial classic credit card archangel usb 2.0 usb credit card flash drive credit card amazon points where can i get a prepaid visa credit card credit card processors online business mastercard credit cards for people with bad credit credit one card payment make barnes and noble credit card scam how to get a credit card with frequent flyer miles bank america stop sending credit card checks how do you pay off amazon credit card why do we have high interest rates on credit cards airport lounge access credit card paying off credit cards with credit cards secured credit card canada td vending machine credit card acceptance mobile credit card terminal recurring credit card authorization form doc how hard is it to get a walmart credit card best credit card foreign exchange fees credit card cloning machine buy car with credit card points can change my credit card info itunes sears credit card online pay bill iphone terminal credit card credit card interest payment calculators consolidate credit card debt into loan where to apply for a credit card credit cards best rewards consumer reports credit card lawyers ny british airways visa signature card credit score picture of credit card statement credit card deposit to bank account can you pay for my western union money transfer with a credit card how to pay new york and company credit card online hsbc credit card services barclay apple credit card login balance transfer credit cards fair credit hsbc credit card benefits malaysia sears credit card balance canada american express delta platinum credit card best credit card app for ipad answer credit card summons template citibank credit card india online application cell phone can swipe credit card hhonors credit card diamond conoco credit card customer service 76 credit card payment credit card payoff time formula best credit cards no foreign fees air mile reward credit cards prepaid credit card visa usa southwest credit card free flight round trip how do i get a free credit report without using a credit card home pc credit card reader cannot use credit card with paypal when did people first start using credit cards difference between visa debit credit card sbi hero honda credit card number activate chase freedom credit card cell phone credit card debt collection agency dining credit card promotions singapore gm credit card payment address better use credit card debit card online best elite credit card credit card payment processing time who has the best credit card deals claim money back my credit card there any government programs help credit card debt javascript credit card validation jquery there government program credit card debt relief prepaid credit card for business clear choice credit card processing sbi credit card online payment through net banking can you pay your irs bill with a credit card pay capital one credit card bill by phone florida banks that offer secured credit cards bank of america credit card for students safe credit union secured credit card credit card act section 75 stealing credit card information wirelessly apply for a bank of america visa credit card summit credit card log interest free credit card transfers ireland canadian travel reward credit card comparison pay irs credit card check hdfc credit cards reward points gifts 76 gasoline credit card activate bofa credit card aaa credit card gas discount no security deposit credit card accepting credit card payments through iphone best credit cards uk 2011 credit card balance transfer rates slate from chase can college students get credit cards commerce bank credit card customer service number is target credit card easy to get best credit cards flying points credit card processing system problem statement any real credit card generators rbs mint credit card ppi address legacy visa credit card reviews first citizens credit card application prepaid credit cards online use ashley furniture credit card can make payment my walmart credit card store business credit card bmi miles high risk credit card processing companies can you use a credit card at an atm can you cancel capital one credit card online how do i get my credit report without a credit card credit card applications bad credit no application fee gmac mortgage equity rewards credit card using someone else;s credit card with permission best buy master credit card payment can you set up direct debit credit card can you transfer money from credit card to paypal credit card build credit after bankruptcy 0 purchase credit cards government grants credit card debt relief credit one bank credit card agreement first premier bank prepaid credit card credit cards terminals verifone free valid credit card numbers that work 2010 use level up cards facebook credits 5466 credit card number secure online credit card processing aspire credit card reviews fnb gold credit card limit credit card company list hdfc titanium credit card reward points redemption catalogue barclaycard us credit card phone number lowes credit card special offers best credit card get you have bad credit tiffany credit card customer service tesco on line credit card banking do credit card debt too high metal business card credit card holder want apply sears credit card online regions visa credit card world points credit union card online gold delta skymiles credit card phone number why will i need a credit card to download free apps can you buy things online prepaid credit card nordstrom rack credit card pay online mile credit card value calculator make paypal account prepaid credit card use amazon credit card reward make itunes account without gift card credit card best bank get your first credit card credit card debt forgiveness tax consequences card usb flash drive price products credit sears credit cards payment center abercrombie credit card application usaa credit card dispute charge new millenium bank credit card for bad credit pay hsbc credit card by phone check my credit report free without credit card paypal credit card reader for pc can i send money through western union with a credit card get business credit card only ein marriott premier credit card login absa platinum credit card benefits credit card starting with 5 securely store credit card numbers database how to apply a credit card in icici bank buy injectable steroids with credit card what kind of credit cards are good for college students does mean earn cash back credit cards personal loan credit card debt consolidation honda credit card payment pay off credit cards refinance credit card statement cr send money paypal account using credit card does a visa debit card have the same protection as a credit card balance transfer credit cards low fee best bank credit card apply visa debit card same protection as credit card td canada trust debit credit card credit card american express bangladesh mbna credit card america sunoco credit card accountonline visa platinum business credit card capital credit card online banking disposable prepaid credit card uk credit cards for average credit rating citibank credit card payment by cheque in india processing credit cards through google valid mastercard credit card numbers accepting credit cards small business bank america santander credit card login problems citi credit card customer service phone number centon dsc32gb-001 datastick credit card usb flash drive get visa credit card no credit check java code validate credit card number my thomas cook credit card login experian credit card score american airlines frequent flyer program credit card bluetooth credit card reader iphone best credit card processing companies to work for chase disney credit cards rewards wells fargo business credit card icici credit card reward point catalogue valid credit card numbers that work online credit card reform act summary 2009 how to pay credit card bill by another credit card citizens bank credit card login rbs webster credit card login best credit card rewards program in canada current interchange rates credit cards ufcw credit card payment address fidelity 529 american express credit card get cute credit cards amazon credit card uk contact capital secured credit card login common questions about credit cards help with credit card debt.gov ge capital credit card payment online prepaid credit cards no fees international credit card applications for bad credit canada pay with 2 different credit cards amazon credit card forms sample living social credit card stolen members 1st credit card application barclays bank delaware credit card credit card receipt printer mac credit card with high limit and low interest credit card fair fee act 2008 credit cards for fair credit instant approval uk best credit card balance transfer bad credit apply credit cards barclays bank android market account without credit card is citi a good credit card standard chartered hong kong credit card promotion get free cash credit card much do credit card companies sell bad debt does american express offer secured credit card best credit card form design bank hawaii hawaiian airlines visa signature credit card hsbc premier credit card reward mbna europe bank credit card first data credit card processing merchant accounts what do you need to get a secured card credit history credit card type prefix numbers phillips 66 credit card account delta sky rewards credit card check bank of america credit card statement delta credit cards miles bmw credit card application best personal credit cards 2011 say no college credit card offers paypal process credit cards online bloomingdales credit card customer service phone number credit card batch processing pci compliance virgin credit card section 75 cache credit card payment compare bad credit credit cards online credit card payment service hsbc ge money bank credit cards walmart visa united airlines credit card log citi forward credit card customer service number icici bank credit card interest calculation hsbc credit card promotions sri lanka usa credit platinum shopping card what can you do with a stolen credit card number how to pay off your credit card balance american express travel miles credit card credit card debts of deceased spouse capital one credit cards venture rewards card limited credit card login page best free credit cards us hsbc credit card insurance policy walmart credit card help number murphy usa walmart credit card paypal limits unverified credit card easiest place to get accepted for a credit card reasons for disputing credit card charges how to get your first credit card yahoo amex blue credit card offers government credit cards citibank login find unsecured credit card bad credit younkers credit card online payment forever 21 credit card bdo credit card bin numbers australia cannot send money using credit card paypal best credit card processing company in canada credit card rights for consumers citibank credit card contact number bangalore how long does it take to get a navy federal credit card accepting credit cards benefits does credit card company charge off credit cards 0 apr for 15 months ace elite prepaid credit card credit card shape usb flash drive best credit cards to apply for after bankruptcy best credit card software processing credit card low interest rate transfers credit cards 2 percent cash back prepaid visa credit card pet care credit card no interest lowes business credit card does credit build credit cards 4 major credit cards companies pay chase credit card by check credit card gasoline cheap credit card wallets men free credit report scores no credit card required credit card machine my new business sbi credit card credit limit increase form easiest credit card to get approved for bank ireland credit card offers chip and pin credit cards bank of america buy stolen credit cards online close target credit card account understanding the apr rates on credit cards merchant credit card account bad credit best credit card for travelling abroad credit card application approval process issue number on credit card mastercard hsbc bank credit card payment other bank account penn state alumni association credit card should i apply for a credit card online or in person city bank credit cards india where can i pay my discover credit card bill free prepaid online credit card what is the best gas credit card http www bankrate com calculators credit cards mastercard minimum payment aspx top rated merchant credit card processors united chase credit card travel insurance do taxis in paris take credit cards maruti suzuki credit card credit cards help build credit rating can credit card companies garnish wages in florida juniper barclay credit card login union bank india credit card bill design your own credit card chase unsecured credit cards people bad credit canada marshall credit card payment lowes home improvement credit cards starwood credit card referral bonus chevron texaco gas credit card lowes credit card financing offers letter change credit card billing address best travel rewards credit card for average credit network good credit card fees merrill lynch credit card awards pay shell credit card bill online sunoco gas credit card how to pay my wells fargo credit card
Home Pete Toms LWIB: Reactions to MLB's New CBA, 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 235 guests online

Atom RSS

LWIB: Reactions to MLB's New CBA, Plus Tidbits PDF Print E-mail
User Rating: / 4
PoorBest 
Pete Toms Article Archive
Written by Pete Toms   
Monday, 28 November 2011 15:57

This week in “Last Week in BizBall“, reactions to the new CBA, plus tidbits.

REACTIONS TO THE NEW CBA

LWIB, as expected, MLB and the MLBPA concluded negotiations on a new “basic agreement” (aka CBA) which will govern their relationship for the next 5 seasons. The deal (not yet ratified) is the third consecutive to be struck without a work stoppage and, at its end, will mark 21 consecutive years of labour peace in the industry. Casual fans of MLB will notice an additional two playoff spots, the move of the Astros to the AL, daily interleague play and (possibly) expanded use of instant replay. Keener fans will notice that this next CBA also includes the elimination of “Type A & B” free agents and more “Super Twos”. Fellow geeks are also dissecting changes to revenue sharing, the CBT, debt service regulations and…Maury Brown has a comprehensive list here. If there is any surprise in this next CBA it is in the breadth of change it brings. LWIB the punditry was very busy analysing the extensive changes in this new deal. The aspect of the new CBA garnering the most attention is the fundamental changes to the rules governing the acquisition of amateur players.

I’ve discussed before that the issue of “rookie compensation” has become an increasingly important labour issue in professional sports. LWIB the MLBPA was accused of having “sold out” their future members in return for concessions which benefit their current members. Respected NFL labour pundit (and former Packers executive) Andrew Brandt tweeted, “One common them of new agreements for NFL and MLB: sacrifice the rookies. No voice in the process except by agents.” Michael McCann, sports law professor and analyst for both SI and NBA TV tweeted, “Current players in a league collectively-bargain on behalf of themselves and, more controversially, on behalf of future and past players.” Simply put, this next CBA is intended to reduce the amount of money being spent acquiring amateur players by severely punishing clubs, via taxes and forfeiture of draft picks, for exceeding newly created spending limits in both the Rule 4 draft and international free agent market. Again, simply put, this next CBA benefits existing members of the MLBPA by raising the minimum salary, increasing the number of “Super Twos” and eliminating the forfeiture of draft picks for clubs signing the likes of P Grant Balfour. In fairness to Michael Weiner, he has accomplished what his members wanted. He bargained changes which will immediately benefit them and, most importantly, he did it without a labour stoppage. But, we all know, that in order to get you have to give, and Weiner made concessions on the rules governing the acquisition of amateur players, which was a priority for commissioner Selig. LWIB, the question that most interested me was not why the PA agreed to the changes but rather if they will yield unintended consequences which MLB will eventually regret. Critics of the new CBA argued that it will result in less competitive balance and an overall decline in the quality of athletes, both domestically and in Latin America, entering affiliated professional baseball.

In recent years, some chronically uncompetitive clubs (ie. Pirates, Royals, Nationals) have been the biggest spenders in the Rule 4 draft. These clubs have concluded that investing in the acquisition of amateur talent, rather than veteran free agents, is their best chance at assembling playoff calibre teams. LWIB, many pundits and “unnamed personnel” from small-revenue franchises argued that the Rule 4 “Signing Bonus Pools”, and the penalties for clubs exceeding them, eliminates this option and will result in increasing on-field dominance of large-revenue franchises. Dave Cameron was amongst those making this argument:

These rules are fantastic for big market teams who can maximize the advantage of their revenue streams by spending on Major League talent. These rules are absolutely terrible for teams who cannot afford to build teams by paying the market rate for those same players.

Congratulations, Major League Baseball, you just screwed every team that doesn’t have the capability of running out a $100+ million payroll, and you just made winning a lot more about Major League payroll size than anything else. In the name of cost reduction, you just made it even less likely that teams like Tampa Bay or Oakland will be able to build long term winners. This agreement will set competitive balance back significantly, and now the best hope is that the damage is so obvious that these changes get repealed as quickly as possible.

Keith Law deconstructed the new CBA in a piece titled, New CBA a net loss for baseball. On the subject of the changes to the Rule 4, Law wrote, “This is the part where MLB tells talented young amateur athletes -- who, by the way, aren't union members and had zero voice in these negotiations -- that baseball is a lousy avenue for them to take, at least financially, and they should probably check out other sports. Yet MLB does not realize that it is to their substantial benefit to sign players early, and at relatively higher prices: You get the athletes into your system where football or basketball can't poach them, and you get to develop them yourselves rather than farming out that effort to the NCAA.” On the subject of similar changes forthcoming to the international free agent market, Law wrote, “Major League Baseball would like to inform aspiring athletes from Latin America and Europe that you should go play soccer.” Buster Olney reported that MLB “executives” had expressed the same concerns about the new CBA’s future impacts:

General managers have spent hours and hours in recent years discussing what they believe to be a shrinking base of talent, as college baseball programs here slowly dry up, and there was some shock at the $2.9 million cap on international signings. To put that number in perspective, consider the most dollars spent internationally from 2008 to 2011:

1. Cincinnati Reds: $28.6 million
2. Texas Rangers: $25.1 million (including $17.6 million this year)
3. Seattle Mariners: $18.4 million
4. Red Sox: $17.4 million
5. Toronto Blue Jays: $16.4 million

Some executives believe that the trickle-down effect will be a reduction in the incentive in places outside the U.S. for teenagers to pursue baseball careers.

"Look what happened in Puerto Rico after the draft was instituted there," one executive said. "Baseball has just about disappeared, because they're playing basketball and volleyball and other sports."

Much was written about MLB’s future ability, or inability, to attract so-called “two sport” athletes. In other words, persuading athletes to forego a football scholarship to play baseball. Brian MacPherson provided several recent examples where the Red Sox paid large “over slot” bonuses in mid to late rounds to successfully entice such players. MacPherson wonders if the changes to the draft will result in fewer of these players signing with MLB teams. In a pair of posts (here and here), Rule 4 expert Jim Callis crunched the numbers, comparing MLB’s previous “slot recommendations” with the forthcoming “signing bonus pool” amount (a reported, not official, number) and clubs’ actual prior spending in the draft. If the reported “bonus signing pool” amount proves accurate, it is significantly greater than Selig’s previous “recommended slot totals” and not greatly less than what clubs previously spent. “If the overall bonus pool is approximately $200 million as has been reported, up from MLB's $133 million in slot recommendations in 2011, clubs still can be aggressive but not as much at the top end. I think the end result will be that the top picks in the draft still will sign, though the high-end bonuses will come down a little so teams don't blow most of their cap on one player. The top high school players still will sign, as seven-figure bonuses still will be alluring.” Callis goes on to explain that the penalties associated with exceeding your “bonus pool amount”, will prohibit small-revenue clubs (he cites recent Royals picks as examples) from outspending their large-revenue competitors in the draft’s later rounds.

LWIB we got what we most wanted, a guarantee of another 5 consecutive season of MLB uninterrupted by labour dysfunction. Going forward, it won’t be until at least the expiration of this new CBA that we know if MLB made some major errors in getting there.

TIDBITS

  • The Padres are poised to be the most recent MLB franchise to cash in on the skyrocketing fees for local TV rights. Evidently they have finalized a new deal with Fox but commissioner Selig is delaying the final approval of it pending the outcome of the Fox/Frank McCourt battle. Read John Maffei (HT Fang’s Bites)
  • Mark Purdy makes a convincing argument that a resolution to the A’s to San Jose saga is near. And any stadium-related discussion is incomplete without Neal deMause’s opinions.
  • According to Ed Sherman, “The majority of White Sox season-ticket holders will be getting a break next year.” Ed explains that this is what happens when a team disappoints on the field, attendance declines 9% year over year and fans have low expectations for the upcoming season.

You can follow me on Twitter @PeteToms


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?