Menu
Franchises

MLB Franchise Notes: Teams Faced With Staying Below Luxury Tax

In Philadelphia, Scott Lauber noted the Phillies last winter "got everyone's attention" by spending $403M on free agents, and rival team officials "expect them to be aggressive again this offseason." The Phillies have approximately $116M committed to nine players in '20, and that is "before annual raises for as many as nine players who are eligible for arbitration and a possible nine-figure contract extension" for C J.T. Realmuto. But given that the luxury-tax threshold will be $208M, money "doesn't figure to be much of an issue if the Phillies pursue big-ticket free agents." Asked last month if ownership would consider exceeding the tax, Phillies Managing Partner John Middleton "didn't rule it out" (PHILADELPHIA INQUIRER, 11/11).

STAYING THE COURSE? On Long Island, Tim Healey writes the Mets have a "habit of not jumping into the deep end" when it comes to big free agents, and Exec VP & GM Brodie Van Wagenen has "given no indication that that will change in the coming months." Van Wagenen "declined to say" whether he has discussed with team COO Jeff Wilpon his "willingness to surpass the luxury-tax threshold." The Mets already have an estimated '20 payroll of $187.7M (NEWSDAY, 11/12). Meanwhile, MLB Network's Chris Russo identified Van Wagenen as one of several GMs under pressure this offseason, though he said, "I don't think the owner, who went out of the box to hire him to begin with, will let him go after two years" ("High Heat," MLB Network, 11/11).

TIME TO SPEND: In California, Jeff Fletcher notes Angels Owner Arte Moreno has "indicated that the payroll will go up, although it remains to be seen how much." The Angels figure to have at least $30M to spend on free agents, "plus whatever increase Moreno makes available." Given his "frustration with the team's performance after last year's deals, it's reasonable to suspect that Moreno may be willing to open his wallet a little more to acquire a higher caliber of player" (ORANGE COUNTY REGISTER, 11/12).

SBJ Morning Buzzcast: May 10, 2024

Start your morning with Buzzcast with Austin Karp: A very merry NFL Christmas on Netflix? The Braves and F1 deliver for Liberty Media investors; the WNBA heads to Toronto; and Zelle gets in on team sports sponsorship.

Phoenix Mercury/NBC’s Cindy Brunson, NBA Media Deal, Network Upfronts

On this week’s pod, SBJ’s Austin Karp chats with SBJ NBA writer Tom Friend about the pending NBA media Deal. Cindy Brunson of NBC and Phoenix Mercury is our Big Get this week. The sports broadcasting pioneer talks the upcoming WNBA season. Later in the show, SBJ media writer Mollie Cahillane gets us set for the upcoming 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/2019/11/12/Franchises/MLB-Fran-Notes.aspx

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

https://www.sportsbusinessjournal.com/Daily/Issues/2019/11/12/Franchises/MLB-Fran-Notes.aspx

CLOSE