How much would you pay for a team that may not be around next year? If you’re Quint Studer, apparently $9 million is a good market value. In September, that’s what Studer reportedly paid for the Beloit Snappers of the low-A Midwest League. According to Ballpark Digest, much of that sale price will be put back into efforts to build a new stadium, which the Beloit Snappers may need to survive. The stadium situation could be of actual urgency and not just a ploy to create leverage because of th
For those of us that keep an eye on the financial side of the Minnesota Twins, 2024 is going to be a big year. No, there’s no long-term albatross contract that finally comes off the books (at least not yet). 2024 is the first year of a potential new local TV rights deal with Fox Sports North (or whatever Sinclair will call the station once it takes over operations). Currently, the Minnesota Twins receive around $40MM a year in local TV rights. Undoubtably, that amount will grow in the new deal
It’s Christmas. Santa has already come down the chimney and dropped off presents. Wrapping paper that was once wrapped around a gift with precision lives either in the recycling bin or in shards on the floor. Tears, both of joy and of disappointment, have been shed. Meanwhile, the Twins fan waits patiently, periodically looking up the chimney to see if a gift is just stuck along the walls. It’s something you get used to as a fan of a lower-to-mid-market team. You’re not the rich kid that gets
I really hold back what I would like to say about then payroll arguments here. The fact that people don't accept the amount taken in dictates the amount going out requires one of two things. Extreme financial ignorance or fanatical bias that prevents the acceptance of something some basic. I did not change the argument. It's the same idiocy over and over. Do you really want to be on the side that suggests revenues does not determine spending capacity?
At this point in the pre-season, I’m just so happy to be seeing games again, I don’t care about the Twins record in 2023. I think they’ll win it all, unrealistically speaking 🙂
I really hold back what I would like to say about then payroll arguments here. The fact that people don't accept the amount taken in dictates the amount going out requires one of two things. Extreme financial ignorance or fanatical bias that prevents the acceptance of something some basic. I did not change the argument. It's the same idiocy over and over. Do you really want to be on the side that suggests revenues does not determine spending capacity?· 0 replies
