Splicetoday

Sports
Dec 31, 2008, 08:23AM

Get off the Yankees' back

The most profligate team in baseball isn't the problem—it's the penny-pinchers.

He has a point:

Jeffery Loria bought the Marlins for $143 million after selling the Expos to baseball for $120 million. After receiving between $20 and $30 million a year in revenue sharing and having the lowest payroll in baseball, the Marlins are now valued at $244 million. That’s a tidy profit for a man that is claiming that he can’t make money in South Florida without a new stadium. In fact, those revenue-sharing amounts were often larger than the Marlins’ payrolls.

For example, this year the Marlins’ payroll was around $23 million. They are slated to receive $25 million in revenue sharing. This is the key wrong in baseball, not the Yankees’ spending.

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