Additional Revenues?

[champagne030]

Sorry if this has been discussed, but I haven't noticed any threads discussing the increased revenue stream.

Maybe the reason for some of this crazy spending by teams is that, according to this article, an extra $13M/year in tv, radio and internet revenue. Each team would also be getting a one-time payment of approximately $15.5M for the sale of the Nationals.

"Teams have more money to spend thanks to new television, radio and Internet deals that will provide about an additional $397 million a year to split. The Washington Nationals are expected to be sold soon, which will provide around $450 million for the other 29 teams to split, too."

http://www.startribune.com/stories/509/5763044.html

If true, I think it would be wise to try and lock up Garland (I've read the rumors that they have, but maybe increase the offer a bit if he really rejected).

[knocko94]

I posted about this in WTS, I'll copy

"I read in SI last week or so that ther is a bunch of extra money floating around from different revenue sources this off-season.


Looking up the article, here's the pertinent info


Quote:

Clubs would be enriched by three streams of new or improved revenue: Each would get nearly $2 million from satellite radio rights (MLB signed an eight-year deal with XM in October 2004) and as much as $10.5 million from growing Internet and MLB.com revenues. The expected sale of the Washington Nationals for $450 million would also mean a return of about $11 million per team on MLB's $120 million purchase of the Montreal Expos nearly four years ago.



http://premium.si.cnn.com/pr/subs2/...1205/index.html (http://premium.si.cnn.com/pr/subs2/siexclusive/2005/pr/subs/siexclusive/11/29/scorecard1205/index.html)
(You need to subscribe to the mag to read it, just enter your name/address. I used my dad's:cool: )"