Menu
Franchises

Rays' Sternberg Says Payroll Will Drop After This Year's Franchise-Record $80M

Rays Owner Stuart Sternberg said the team's payroll for the '15 season is "clearly going to be lower" than this year's franchise-record $80M, according to Marc Topkin of the TAMPA BAY TIMES. Sternberg: "We've run payroll into the ($40 million range) and gotten into the World Series and well into the playoffs, and our two highest payrolls -- the years we stepped it up (percentage-wise) were 2009 and 2014, and those are the only two years we haven't played significant September baseball." Topkin writes the amount of payroll reduction "will be interesting given the commitments" the Rays already have. Nine players already are signed for more than a combined $45M next year. The team is on pace to draw an MLB-worst 1.43 million fans this season, and Sternberg indicated that the figure is "'in a steady state' with little change based on how the team does." He said, "I don't know what'll dramatically push the attendance up. And I do believe that a number of years of really losing baseball, we're in jeopardy." Meanwhile, "nothing is imminent on the stadium situation" with St. Petersburg. Sternberg said, "I'd like to think once the season is over we can have more substantive conversations" (TAMPA BAY TIMES, 9/11).

SBJ Morning Buzzcast: April 26, 2024

The sights and sounds from Detroit; CAA Sports' record night; NHL's record year at the gate and Indy makes a pivot on soccer

TNT’s Stan Van Gundy, ESPN’s Tim Reed, NBA Playoffs and NFL Draft

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with TNT’s Stan Van Gundy as he breaks down the NBA Playoffs from the booth. Later in the show, we hear from ESPN’s VP of Programming and Acquisitions Tim Reed as the NFL Draft gets set to kick off on Thursday night in Motown. SBJ’s Tom Friend also joins the show to share his insights into NBA viewership trends.

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/2014/09/11/Franchises/Rays.aspx

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

https://www.sportsbusinessjournal.com/Daily/Issues/2014/09/11/Franchises/Rays.aspx

CLOSE