Menu
Leagues and Governing Bodies

Long-Term Contracts For Young Players A Sign Of MLB's Health

MLB is "trending younger in the drug-testing era," and a lot of young players are "accepting club-friendly, long-term contracts that delay their free agency, effectively giving teams multiple discounts," according to Ken Rosenthal of FOXSPORTS.com. The latest such deal was signed earlier this week by 25-year-old Rays P Chris Archer, a six-year deal worth $25.5M. The "willingness of so many youngsters to sacrifice dollars for security -- and in many cases accept multiple club options that further limit their earning power -- is disturbing" to many agents. The contracts are so large that it is "understandable that many players find even below-market offers to be irresistible." The MLBPA in '16 could "prefer to avoid a work stoppage rather than fight for a bigger share." However, the union "has to be concerned about losing its edge." Agents also "jump at such deals out of fear -- the fear that they will lose their clients to bigger agencies before ever reaching a substantial commission." Of 31 pre-arbitration deals done since '00 "with multiple club options, 26 were done by smaller or mid-level agencies." SFX/Relativity did the others, including Archer's. Rosenthal: "The problem for the union is that it cannot reasonably advise a pitcher such as Archer to reject a $25.5 million guarantee, no matter how much more he might project to earn year to year. The owners are on the power play. And come 2016, when the labor deal ends, they are not going to let it expire" (FOXSPORTS.com, 4/3).

SBJ Morning Buzzcast: May 16, 2024

The NFL's big draws; Jones gets his own 10-part docu-series; Netflix's eye-opening NFL deal and the PGA set for big business weekend

NASCAR’s Brian Herbst, NFL Schedule Release, Caitlin Clark Effect

On this week’s pod, SBJ’s Austin Karp chats with our Big Get, NASCAR SVP/Media and Productions Brian Herbst. The pair talk ahead of All-Star Weekend about how the sanctioning body’s media landscape has shaped up. The Poynter Institute’s Tom Jones drops in to share who’s up and who’s down in sports media. Also on the show, David Cushnan of our sister outlet Leaders in Sport talks about how things are going across the pond. Later in the show, SBJ media writer Mollie Cahillane shares the latest from the network upfronts.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Daily/Issues/2014/04/04/Leagues-and-Governing-Bodies/MLB-Contracts.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Daily/Issues/2014/04/04/Leagues-and-Governing-Bodies/MLB-Contracts.aspx

CLOSE