I wasn’t quite sure what to do with all of these spare business-related links I had lying around, so I might as lump them into one post. Here are some miscellaneous links worth passing along.
Yankees open season with $219M payroll
According to numbers compiled by the Associated Press, the Yankees opened the 2015 regular season with a $219,282,196 payroll, second highest in baseball behind the Dodgers ($272,789,040!). That is the team’s second highest Opening Day payroll in history, behind the $228,106,900 payroll they had at the start of 2013. The Yankees added about $10.5M in payroll during the season from 2010-14 according to the numbers at Cot’s, so while the Yankees are starting the season at $219.3M, recent history suggests they’ll end the year at $230M or so.
Average salary climbs to $4.25M
The average player salary in MLB climbed to $4.25M this season, so says the Associated Press. That is up from $3.95M last year and $3.65M the season before. “MLB’s revenues have grown in recent years, with the increase in national and local broadcast rights fees being a primary contributor. It is expected that player compensation will increase as club revenues increase,” said MLB’s chief legal officer Dan Halem to the Associated Press, stating the obvious.
This is the first time the average player salary has topped $4M. The average salary first broke $1M in 1992, $2M in 2001, and $3M in 2008. Clayton Kershaw is the game’s highest paid player this season at $31M, with Justin Verlander ($28M) and Zack Greinke ($28M) placing second and third. Also, Robert Raiola says the per diem for road days is $100.50 this season, up from $99 last year. That’s a nice little allowance but it’s actually not wildly out of line with what many folks with normal jobs receive during business trips. Either way, yeah, it’s good to be a baseball player.
Manfred hopes to have in-market streaming this year
Two weeks ago we heard MLB will soon announce a deal allowing fans to stream in-market games online. That report was a bit premature — no such deal is imminent — but new commissioner Rob Manfred did confirm to Brian Costa and Matthew Futterman that they are working on an in-market streaming service and hope to have it in place this year. From Costa and Futterman:
WSJ: You’ve discussed how important technology is to reach young fans. When will a 15-year-old in New York be able to watch a Yankees game on his phone?
Manfred: The best way to answer that question is to say the better part of my workday today was consumed by the topic of in-market streaming. It is particularly complicated in the context of a media market that is changing so quickly, but I do believe we will get a solution on in-market streaming in the relatively near future.
WSJ: Sometime this year?
Manfred: I hope so. I’d like to believe there will be games streamed at some point this year.
It’s unclear how such an agreement would work, though I’m guessing Yankees fans would have to subscribe to YES through their cable provider, then pay an additional fee to be able to stream online. YES did have an in-market streaming service a few years back that was totally awesome — if I remember correctly, you needed both a YES subscription and an MLB.tv subscription, and then had to pay an extra $50 — but it was discontinued for whatever reason.
Hopefully MLB gets this in-market streaming thing figured out and soon. It’s 2015. I’m very willing to spend my hard-earned American dollars for the right to watch the Yankees on my phone while standing on a subway platform.
No bids for YANKEE STADIUM letters
And finally, remember the giant old YANKEE STADIUM letters Reggie Jackson put up for auction? Darren Rovell says no one bid on ‘em. The only bid placed at least week’s auction was a phony $280,000 bid an auction house employee placed on Jackson’s behalf in an attempt to spur on other bidders. Reggie was hoping to get $300,000 to $600,000 total for the 13 giant letters. Practicality 1, nostalgia 0.