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Thread: Reds payroll 20th in MLB

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    Let's ride BRM's Avatar
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    Reds payroll 20th in MLB

    From John Fay:

    What $68.9 million buys these days

    The Reds payroll is 20th among the 30 teams in baseball. That from the USA Today data base. Don't know if they ran the list in the paper or not. The Reds would probably put the figure at $74 million. USAT lists Ken Griffey Jr. at $8.4 million. The Reds have listed him at $12.5 million for accounting purposes, even the though a lot of the money is deferred. The payroll is up significantly over last year when it was $60.9 million. But it's fifth in the NL Central. Here's how the rest of the division ranks: 8. Cubs $99.6 million; 11. Cardinals $90.3 million; 14. Astros $87.7 million; 19. Brewers $70.9 million; 26. Pirates $38.5 million. Yankees, of course, are No. 1 at $189.6 million, followed by the Red Sox $143 million. Seven teams are over $100 million.

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    Re: Reds payroll 20th in MLB

    Thanks for posting that.

    I hate that MLB can't get a more strict salary cap in place, but I also know that it's not how much you spend, but how you spend it. We're paying too much for Griffey (obviously) and Milton (even more obviously), but other than that, I think we we've been smart lately with our money. I know he's not always populat with everyone on here, but overall, I think WK's done a pretty darn good job in Cincinnati.

    Any other opinions?
    Here's to another record-breaking season from Adam Dunn ...another 40 homeruns (all coming with nothing on the line) and 200 Ks! We Want King Jay!!

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    Re: Reds payroll 20th in MLB

    Here is the link to the USA Today article. There is a link to the salaries database in the article.

    http://www.usatoday.com/sports/baseb...salaries_N.htm

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    Re: Reds payroll 20th in MLB

    Quote Originally Posted by UGADaddy View Post
    Thanks for posting that.

    I hate that MLB can't get a more strict salary cap in place, but I also know that it's not how much you spend, but how you spend it. We're paying too much for Griffey (obviously) and Milton (even more obviously), but other than that, I think we we've been smart lately with our money. I know he's not always populat with everyone on here, but overall, I think WK's done a pretty darn good job in Cincinnati.

    Any other opinions?
    This is still the biggest problem in baseball. Take for instance pitching. What if your team needs pitching and what team doesn't? The Reds go off and pick up rule 5 guys and attempt to find a Bronson Arroyo. If you're the Boston Red Sox you can pick up a 26 yr old stud from Japan. It cost them $50mill just for the meeting and another $50mill for his 5 yr contract. Such a market puts most teams out of the running for his talent. That's not right. All teams should have equal access to FA talent.

    Obviously in baseball there's no guarantees. He could blowout his arm but his acquisition clearly helps the Red Sox chances.

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    Re: Reds payroll 20th in MLB

    Quote Originally Posted by UGADaddy View Post
    Thanks for posting that.

    I hate that MLB can't get a more strict salary cap in place, but I also know that it's not how much you spend, but how you spend it. We're paying too much for Griffey (obviously) and Milton (even more obviously), but other than that, I think we we've been smart lately with our money. I know he's not always populat with everyone on here, but overall, I think WK's done a pretty darn good job in Cincinnati.

    Any other opinions?
    The Griffey signing at the time was a great move. That's the problem with saying "how you spend it". You can't spend it perfectly, and the more money you have, the more mistakes you can make.

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    Re: Reds payroll 20th in MLB

    What's interesting is that in 2005 (I'm waiting to see 2006's data), the Yankees posted the largest LOSS ever for a baseball team. They were $50 million in the hole. It took the YES Network's cash stream to make the organization profitable. So while the organization overall made money, the baseball end is leaking cash.
    Last edited by durl; 04-04-2007 at 11:43 AM.

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    Re: Reds payroll 20th in MLB

    Quote Originally Posted by durl View Post
    What's interesting is that in 2005 (I'm waiting to see 2006's data), the Yankees posted the largest LOSS ever for a baseball team. It took the YES Network's cash stream to make the organization profitable. So while the organization overall made money, the baseball end is leaking cash.
    This clearly illustrates the problem. The Yankees have a YES network to make them money. No way you can have such a network in Cincinnati, Pittsburgh, Minneapolis, KC, ...

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    Re: Reds payroll 20th in MLB

    Quote Originally Posted by Sea Ray View Post
    This clearly illustrates the problem. The Yankees have a YES network to make them money. No way you can have such a network in Cincinnati, Pittsburgh, Minneapolis, KC, ...
    EXACTLY right, my friend. Markets like NY and Boston can pull in tens of millions of dollars with their private TV networks. The Yankees own 38% of YES which raked in over $200 million in revenue in 2005. (I would guess that means YES helped pad baseball operations by over $70 million.)

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    Re: Reds payroll 20th in MLB

    Quote Originally Posted by Sea Ray View Post
    This clearly illustrates the problem. The Yankees have a YES network to make them money. No way you can have such a network in Cincinnati, Pittsburgh, Minneapolis, KC, ...
    why not?
    "My mission is to be the ray of hope, the guy who stands out there on that beautiful field and owns up to his mistakes and lets people know it's never completely hopeless, no matter how bad it seems at the time. I have a platform and a message, and now I go to bed at night, sober and happy, praying I can be a good messenger." -Josh Hamilton

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    Re: Reds payroll 20th in MLB

    Quote Originally Posted by Jpup View Post
    why not?
    I would speculate NY has 10 times the market size in it's surrounding area than Cincy = more and more and more ad revenue from TV.

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    Re: Reds payroll 20th in MLB

    Quote Originally Posted by Jpup View Post
    why not?

    Simple. There aren't 8 million people in greater Cincinnati to subscribe to such a network.

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    Re: Reds payroll 20th in MLB

    Quote Originally Posted by durl View Post
    What's interesting is that in 2005 (I'm waiting to see 2006's data), the Yankees posted the largest LOSS ever for a baseball team. They were $50 million in the hole. It took the YES Network's cash stream to make the organization profitable. So while the organization overall made money, the baseball end is leaking cash.

    I wouldn't put a lot of stock into those figures. There are many, many ways to move money around to make it look like the Yankees are losing money and the other entities are making it. An example would be the Yankees charging YES $10M for TV rights. The TV rights are worth 10 times that but YES gets all the revenue for that. The Braves used to do this all the time with TBS. Marge used to charge the Reds for expenses related to her car businesses. StL would funnel all their parking revenue into the company who owned the parking garage which just so happened to be owned by the brewery.
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    Re: Reds payroll 20th in MLB

    Quote Originally Posted by Chip R View Post
    I wouldn't put a lot of stock into those figures. There are many, many ways to move money around to make it look like the Yankees are losing money and the other entities are making it. An example would be the Yankees charging YES $10M for TV rights. The TV rights are worth 10 times that but YES gets all the revenue for that. The Braves used to do this all the time with TBS. Marge used to charge the Reds for expenses related to her car businesses. StL would funnel all their parking revenue into the company who owned the parking garage which just so happened to be owned by the brewery.
    Good points. In case anyone is interested, here's where I got the info, ranked by team valuation:

    http://www.forbes.com/lists/2006/33/Rank_1.html

    Forbes ranks teams every year so I expect their 2006 results to be available soon.

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    Re: Reds payroll 20th in MLB

    Quote Originally Posted by durl View Post
    What's interesting is that in 2005 (I'm waiting to see 2006's data), the Yankees posted the largest LOSS ever for a baseball team. They were $50 million in the hole. It took the YES Network's cash stream to make the organization profitable. So while the organization overall made money, the baseball end is leaking cash.
    Yeah, but they plan for that. What counts is the organization as a whole, not the team. With a cushion like that, you can take a chance on free agent pitcher that other teams don't. Sometimes they work out, sometimes they don't--but it's that cushion that makes the difference.

    I don't buy the whole "It's whether you're smart with your money and not how much you have" argument because it makes an excuse for keeping some teams down. Frankly, all teams should have equal chances to spend money wisely or unwisely. The Reds have so much less margin of error that their bad moves (Milton) haunt them for years while the Yankees (Pavano) just stick them on the DL and move on.
    "Iíll kind of have a foot on the back of my own butt. Thatís just how I do things.Ē -- Bryan Price, 10/22/2013

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    Re: Reds payroll 20th in MLB

    All the other teams in the division are paying a whole lot more money to be just as mediocre as us.

    I think WK has done a good enough job with what he has, but I also hope to see them pony up some cash in the coming off-seasons.


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