The Yankees and
Angels Mariners continue their weekend series a little later today, so, until then, here are some links to help you pass the time.
Yankees already engaged in trade talks
This is no surprise, but assistant GM Billy Eppler confirmed the Yankees are already having trade conversations with other teams during a recent radio interview. The trade deadline is two weeks from yesterday. Here’s what Eppler said, via Brendan Kuty:
“I know (Brian Cashman) has been having conversations with clubs, will continue to have conversations with clubs. We kind of check in. I’ll check in with some counterparts and our scouts out in the field will have some conversations here and there and just kind of keep their ears open. Our antennas are up. There will be some conversations. And Cashman will have those conversations regarding what we might be able to do. He’ll take those to ownership. But often times the seller is the one with the leverage and it’s generally a seller’s market with an extra wildcard added in. There’s less players. Less clubs that are out there. So that shrinks your player pool and raises the acquisition costs of guys. And a lot of time the opportunity just doesn’t present itself.”
The team’s needs leading into the trade deadline are pretty obvious: pitching depth and a second baseman, preferably. I’m glad they’re giving Rob Refsnyder a chance right now, but I don’t feel too comfortable rolling with him as the everyday second baseman in a pennant race. Another right-handed bat for the bench would make sense too. Given their position in the standings and the fact the Yankees haven’t been to the postseason since 2013, I expect them to be aggressive at the deadline. The other four AL East teams are begging New York to run away with the division.
Trading draft picks will be discussed for next CBA
Over the All-Star break, commissioner Rob Manfred told Eric Fisher he would like teams to have flexibility by allowing them to trade draft picks. He expects that to be part of talks during the next round of Collective Bargaining Agreement negotiations following the 2016 season. Right now only Competitive Balance Lottery picks can be traded. Only small market and low payroll teams get those.
I’m curious to see how trading picks would work. They’d have to limit it to the first round or something like that, right? Maybe the first three rounds? If teams were allowed to trade every pick, I’d ask for a 30-something rounder in every trade. Why not? Free lottery ticket. The Competitive Balance Lottery picks that have been traded the last few years have been traded for small-ish returns — relievers, mid-range prospects, etc. I’m curious to see how, say, a top five pick would be valued in a trade.
Yankees rank as second most valuable franchise in sports
According to the latest Forbes rankings, the Yankees are currently the second most valuable sports franchise in the world at $3.2 billion. Only Real Madrid ($3.26 billion) is worth more, though the Dallas Cowboys are tied with the Yankees are $3.2 billion. Barcelona ($3.16 billion) and Manchester United ($3.1 billion) round out the top five. The Dodgers rank second overall at $2.4 billion and are the second most valuable baseball franchise. Here’s the blurb from Kurt Badenhausen:
The Yankees lead a group of 12 MLB teams, up from six last year, in the top 50. Credit the massive influx of TV money, both nationally and locally, for soaring baseball values. The Yankees were one of the first teams to recognize the importance of TV with their launch of the YES Network in 2002. It has been the most-watched regional sports network in 11 of the past 12 years. Yankee Global Enterprises retains 20% of the RSN with Fox owning 80% after upping their stake in 2014.
The value of the Yankees is up 28%, and the team moved up two spots to tie for second place. The 27-time world champions missed the postseason for the second consecutive season in 2014 and only the third time since 1994, but the Bronx Bombers still finished tops in the American League in attendance, averaging 42,520 fans per game. The Yankees generated $676 million in revenue before deducting for $90 million in revenue-sharing payments and $78 million in bond payments that go towards stadium debt.
The Yankees don’t have a Mariano Rivera or Derek Jeter retirement tour to lean on for a late-season attendance bump this year, but they are absolutely in contention, so that will help. There’s still an entire second half to go right now, but returning to the postseason is not a pipe dream, it’s a legitimate possibility. That will only improve the franchise’s value. The Yankees are a money-making machine. I truly believe the Steinbrenners will not sell the team, but, if they did, could they get $5 billion?