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RZ Chamber of Commerce
Join Date: Jul 2003
Location: San Antonio
Posts: 13,225
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FAQ Answers Round 4: Reds Operations
Time to answer the fourth batch of those pesky FAQ Questions!
We're answering one set of questions at a time. The fourth round of answers will be on the "Reds Operations" category. Post your answers to any or all sections of the question in this thread. I will compile and incorporate them into this first post. Feel free to post links to threads if you think they contain particularly good answers or might be difficult to identify as such. There must be other good questions to be found in this category, so feel free to submit those, too. So far I'm mining the following threads: (none yet) As far as the form of your answer, you can either go with a "just the facts" format or make a post with full sentences as if someone had asked the question. If you want to disagree with an earlier answer for some reason, that's fine, too. Rough Draft of Round 4 Answers: Category: Reds operations Q: Who own the Reds? A: Carl H. Lindner is the CEO of the Reds and the general partner of the ownership group. His other partners are Mrs. Louis Nippert, William J. Reik Jr., and George L. Strike. In addition, Gannett Co., Inc.--parent company of the Cincinnati Enquirer--owns a one-fifteenth share in the team. Also, at the time of her death in 2004, Marge U. Schott owned one-fifteenth of the team. According to published reports, her share is likely to be sold back to the ownership group for about $6.5 million, with the money going to one of Schott's foundations. Q: I want to send a letter/email/item to my favorite Reds' player/coach. How can I do this? A: Player email addresses are not revealed to the public. Fan mail can be sent to: Coach's or Player's Name c/o Cincinnati Reds Great American Ball Park 100 Main Street Cincinnati, OH 45202 The Reds warn "...due to the high volume of fan mail received, we only forward fan mail to players during the season (April-September)." Q: I want to contact someone in the Reds' front office to provide my opinion. How can I do this? A: Here is the contact information for the Executive Offices of the Reds: Cincinnati Reds Great American Ball Park 100 Main Street Cincinnati, OH 45202-4109 Phone Number: (513) 765-7000 Internet: www.cincinnatireds.com E-Mail: (the person's first initial and last name)@cincyreds.com Q: I think Wily Mo Pena should be in the minor leagues, but I understand his contract requres him to be in the majors. Why can't the Reds and Wily Mo restructure his contract so that he can go to the minors? A: When young Wily Mo Pena was signed by the Yankees, he was given a major league contract, rather than a minor league contract. All players who have major league contracts must be placed on their team's 40-man roster. All players who are on their team's 40-man roster but are not on their team's 25-man major league roster, are considered to be on "optional assignment." People who originally signed when they were younger than 19 (like WMP did) are allowed to be on "optional assignment" for a total of four years. Those four years have elapsed, so according to the Collective Bargaining Agreement between Major League Baseball and the Major League Baseball Players Association, Wily Mo Pena must appear on his team's 25-man roster, in addition to its 40-man roster. The only way to remedy this situation is to request "waivers" on WMP. If all 29 of the other teams allow WMP to pass through "waivers," then the Reds can send him down. It is considered likely that some team would claim WMP if he were placed on waivers, in which case the Reds would lose WMP to the team claiming him, and would receive only a small amount of cash in return. Q: Which hotels do the Reds use in road game cities? A: Anaheim, Doubletree Hotel (714) 634-4500 Arizona, Ritz Carlton (602) 468-0700 Atlanta, Marriot Marquis (404) 521-0000 Chicago, The Westin (312) 943-7200 Cleveland, Marriott Key Center (216) 696-9200 Colorado, Westin Tabor Center (303) 572-9100 Detroit, Ritz Carlton (313) 441-2000 Florida, Ft. Lauderdale-Marina Marriott (305) 463-4000 Houston, Westin Galleria (713) 960-8100 Kansas City, Ritz-Carlton (816) 756-1500 Los Angeles, Century Plaza (310) 277-2000 Milwaukee, The Pfister (414) 273-8222 Minnesota, Marriott City Center (612) 349-4000 Montreal, Sheraton Centre (514) 878-2000 New York, Grand Hyatt (212) 883-1234 Philadelphia, Ritz Carlton (215) 735-7700 Pittsburgh, Omni William Penn (412) 281-7100 St. Louis, The Hyatt (314) 231-1234 San Diego, Hyatt San Diego (619) 232-1234 San Francisco, Westin St. Francis (415) 397-7000 Tampa Bay, Vinoy Resort (727) 894-1000 Texas, Hilton Arlington (817) 640-3322 Q: How much revenue does the team receive from radio and TV broadcasting contracts? A: Their local cable deal pays $5 million annually. The amount of their local radio deal hasn't been disclosed, but it is described in the press as "lucrative." When perusing the media figures presented by Forbes and MLB, one gets the impression that the radio deal pays about as much as the cable deal. There is no local broadcast TV deal. In addition to local broadcasting revenue, the team gets an equal share from the national broadcast deals with FOX, ESPN, Media Player, and Extra Innings. The FOX deal pays each team $13,333,333 per season. The ESPN deal is worth half that. The value of the Extra Innings deal has not been disclosed. The streaming audio deal pays each team $666,667. Q: How do insurance claims work on players? Why didn't insurance cover Ken Griffey, Jr.'s salary when he was unable to play for extended periods of time? A: First the team gets a policy on a player. If the player is injured and out for a specified length of time (usually with the same injury) then the team can have the player examined by an impartial doctor or doctors to determine if he is fit to play. If he is determined not fit to play, then the team can begin to collect under the terms of the policy. The Reds insurance policy on Mr. Griffey has a 90 day wait before paying. This is known as the deductible. Under the deductible, Griffey would have to miss 90 consecutive days with the same injury for the Reds to begin collecting. So far, he has not missed 90 consecutive days with the same injury so the Reds have not collected anything on the policy. 90 days was the standard deductible at the time of Griffey's signing. It is somewhat more difficult to obtain the insurance now so many teams have a 182 day deductible, which translates to about 162 games. The Reds would be reiumbursed for 75% of Jr's salary (the Orioles had a 70% or 80% policy on Albert Belle depending on the source). Position, age, health history, length of coverage, and percentage of contract covered are figured into the premium. Maximum coverage is 5 years, though many insurance companies are said to be unwilling to offer coverage of more than 3 years. |
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Score Early, Score Often
Join Date: Sep 2001
Posts: 4,128
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Re: FAQ Answers Round 4: Reds Operations
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The Reds insurance policy on Mr. Griffey has a 90 day wait before paying. Jr. would have to miss 90 consecutive days with the same injury in order for the Reds to begin collecting. So far, Jr. has not missed 90 consecutive days with the same injury so the Reds have not collected anything. 90 days was pretty standard at the time of Jr's signing. It is somewhat more difficult to obtain the insurance now so many teams have a 182 day waiting period, or about 162 games. The Reds would be reiumbursed for 75% of Jr's salary (the Orioles had a 70% or 80% policy on Albert Belle depending on who you believe). Position, age, health history, length of coverage, and percentage of contract covered are figured into the premium. Maximum coverage is for 5 years, though I understand many insurance companies are unwilling to offer coverage for more than 3 years. I do remember reading something where the Reds had a 90 day "deductible". I could never really get a good answer on whether this meant the Reds had to wait 90 days or (90 waiting + 90 deductible) 180 days to collect on a Jr. injury. GL |
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#3 |
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RZ Chamber of Commerce
Join Date: Jul 2003
Location: San Antonio
Posts: 13,225
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Re: FAQ Answers Round 4: Reds Operations
Great answer, Gonelong. Can anyone else fill in the blanks in his answer on the waiting vs. deductible issue in the Reds policy on Junior?
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#4 |
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You know his story
Join Date: Nov 2000
Location: Norfolk, VA
Posts: 7,713
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Re: FAQ Answers Round 4: Reds Operations
The deductible is the same as the waiting period. So the insurance starts paying the player's salary after he's been disabled for 90 days with the same injury.
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#5 | |
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You know his story
Join Date: Nov 2000
Location: Norfolk, VA
Posts: 7,713
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Re: FAQ Answers Round 4: Reds Operations
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His other parters are Mrs. Louis Nippert, William J. Reik Jr., and George L. Strike. In addition, Gannett Co., Inc.--parent company of the Cincinnati Enquirer--owns a one-fifteenth share in the team. Also, at the time of her death earlier this year, Marge U. Schott owned one-fifteenth of the team. According to published reports, her share is likely to be sold back to the ownership group for about $6.5 million, with the money going to one of Schott's foundations.
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Makes all the routine posts. |
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#6 | |
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You know his story
Join Date: Nov 2000
Location: Norfolk, VA
Posts: 7,713
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Re: FAQ Answers Round 4: Reds Operations
Quote:
Coach's or Player's Name c/o Cincinnati Reds Great American Ball Park 100 Main Street Cincinnati, OH 45202 The Reds warn that: ...due to the high volume of fan mail received, we only forward fan mail to players during the season (April-September).
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#7 | |
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You know his story
Join Date: Nov 2000
Location: Norfolk, VA
Posts: 7,713
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Re: FAQ Answers Round 4: Reds Operations
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Cincinnati Reds Great American Ball Park 100 Main Street Cincinnati, OH 45202-4109 Phone Number: (513) 765-7000 Internet: www.cincinnatireds.com E-Mail: (the person's first initial and last name)@cincyreds.com
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Makes all the routine posts. |
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#8 | |
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You know his story
Join Date: Nov 2000
Location: Norfolk, VA
Posts: 7,713
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Re: FAQ Answers Round 4: Reds Operations
Quote:
The only way to remedy this situation is to request "waivers" on WMP. If all 29 of the other teams allow WMP to pass through "waivers," then the Reds can send him down. It is considered likely that some team would claim WMP if he were placed on waivers, in which case the Reds would lose WMP to the team claiming him, and would receive only a small amount of cash in return.
__________________
Makes all the routine posts. |
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#9 | |
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You know his story
Join Date: Nov 2000
Location: Norfolk, VA
Posts: 7,713
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Re: FAQ Answers Round 4: Reds Operations
Quote:
Arizona, Ritz Carlton (602) 468-0700 Atlanta, Marriot Marquis (404) 521-0000 Chicago, The Westin (312) 943-7200 Cleveland, Marriott Key Center (216) 696-9200 Colorado, Westin Tabor Center (303) 572-9100 Detroit, Ritz Carlton (313) 441-2000 Florida, Ft. Lauderdale-Marina Marriott (305) 463-4000 Houston, Westin Galleria (713) 960-8100 Kansas City, Ritz-Carlton (816) 756-1500 Los Angeles, Century Plaza (310) 277-2000 Milwaukee, The Pfister (414) 273-8222 Minnesota, Marriott City Center (612) 349-4000 Montreal, Sheraton Centre (514) 878-2000 New York, Grand Hyatt (212) 883-1234 Philadelphia, Ritz Carlton (215) 735-7700 Pittsburgh, Omni William Penn (412) 281-7100 St. Louis, The Hyatt (314) 231-1234 San Diego, Hyatt San Diego (619) 232-1234 San Francisco, Westin St. Francis (415) 397-7000 Tampa Bay, Vinoy Resort (727) 894-1000 Texas, Hilton Arlington (817) 640-3322
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#10 | |
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You know his story
Join Date: Nov 2000
Location: Norfolk, VA
Posts: 7,713
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Re: FAQ Answers Round 4: Reds Operations
Quote:
The amount of their local radio deal hasn't been disclosed, but it is described in the press as "lucrative." When perusing the media figures presented by Forbes and MLB, one gets the impression that the radio deal pays about as much as the cable deal. There is no local broadcast TV deal. In addition to local broadcasting revenue, the team gets an equal share from the national broadcast deals with FOX, ESPN, Media Player, and Extra Innings. The FOX deal pays each team $13,333,333 per season. The ESPN deal is worth half that. The value of the Extra Innings deal has not been disclosed. The streaming audio deal pays each team $666,667.
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Makes all the routine posts. |
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#11 |
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RZ Chamber of Commerce
Join Date: Jul 2003
Location: San Antonio
Posts: 13,225
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Re: FAQ Answers Round 4: Reds Operations
Redsland, I think you're going to be a shoo-in to get the game ball for this round!
Great stuff!
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