I heard that the Yankees are financing part of the stadium which changes what they will be putting into revenue sharing for next season. Does anyone know what impact this has on revenue sharing? Do they owe nothing for the next couple of years or a lot less or not change at all. I hear the Mets are doing the same. This could have an adverse effect on small market teams such as the Marlins

This should answer your question.

 

In summary, yes..George (just as other teams have done or will do) have found a way to turn their revenue payments in to a new stadium.

WOW, sounds like a violation.

WOW, sounds like a violation.

 

 

Yeah, because exploiting a loop-hole is such a terrible thing.

 

Loria simply pocketing 3/4 of what he's receiving from MLB is simply heinous, sure shows why Steinbrenner is sick of paying the luxury tax.

WOW, sounds like a violation.

 

 

Yeah, because exploiting a loop-hole is such a terrible thing.

 

Loria simply pocketing 3/4 of what he's receiving from MLB is simply heinous, sure shows why Steinbrenner is sick of paying the luxury tax.

depends on what he does with it in 07 and 08. The team he dismantled wasn't going to make the playoffs and was going to cost a crazy amount to maintain.

Nothing wrong with what the Mets and Yankees are doing. The CBA allows for stadium expenditures to be deducted from revenue sharing. In the end the Yankees will be contributing even more revenue to the pot. Revenue sharing has hardly helped competitive balance anyway (not that I'm one of those whackos who think there's no competitive balance in baseball and the system is designed to harm it). However, the system has made efforts from lower-revenue clubs to honestly admit their revenues or improve though increasing their payroll penaltive. For it to work it needs to be real recognition of revenues, an appropriate salary floor and real rewards for team improvement. The former will have the greatest effect, but will also be the hardest to accomplish. More likely we'll see a salary floor that will be so low as to do nothing by itself and only serve as an attempt for both MLB and MLBPA to say 'here we did something'. Honestly going down the path of a salary floor is a dangerous step for future negotiations in the CBA. It establishes the precedent that there must be restrictions on the market which might eventually lead to higher salary floors and possible a salary cap which would hinder a team's ability to manage its roster in a way it best sees fit.

 

As for using revenue sharing transfers for other than their expressed purpose of investing in the team's on-field talent (by way of contracts, minor leaguers, scouts, coaches, training facilities), this is unregulated. The owners are doing nothing against the Pirates using revenue sharing transfers to pay down debt service. It's all a game of balancing numbers.