Tag: New York Yankees (Page 37 of 52)

      The World’s 10 Most Valuable Sports Franchises

      January 14, 2009 /

      Forbes.com put together a list of the world’s 10 most valuable sports franchises.

      Real Madrid
      No. 1 Manchester United
      Soccer
      $1.8 billion
      An annual powerhouse with a true global brand, Man-U fetched the highest price ever for a sports franchise when Malcolm Glazier forked over $1.45 billion for it in 2005.

      No. 2 Dallas Cowboys
      Football
      $1.6 billion
      Owner Jerry Jones smartly broke away from the NFL merchandising collaboration several years ago, leaving the Cowboys to run their own league-leading operation. A new state-of-the-art stadium awaits for 2009, with a Personal Seat License (PSL) plan that could bring in upwards of $700 million. The rough economy–a naming rights deal still hasn’t been done–may scale back expectations. But only so much.

      No. 3 Washington Redskins
      Football
      $1.5 billion
      Since taking over in 1999, owner Dan Snyder has had mixed results on the field. But he’s turned the Redskins into the NFL’s leading revenue machine through heavy marketing and by selling the naming rights to Jack Kent Cooke Stadium to FedEx. The stadium has sold out every game during its 12-year history.

      No. 4 New England Patriots
      Football
      $1.32 billion
      New England’s value has roughly tripled since 2000, following three Super Bowl titles and a 97-31 record over the past eight years. Seven-year-old Gillette Stadium includes 6,000 club seats and 87 luxury boxes.

      No. 5 New York Yankees
      Baseball
      $1.3 billion
      Baseball’s only billion dollar club benefits from its own cable network, huge market and storied history. No wonder the Yankees have made the only real noise around the league this winter, throwing more than $400 million at three premium free agents. The tight economy may have the team scrambling to sell the last few luxury boxes at the new Yankee Stadium for 2009, but expect the place to be a revenue machine over the long haul.

      Given soccer’s popularity around the world, I’m a little surprised only one futbol team made the top 5. (Although Real Madrid and Arsenal were No. 6 and 7, respectively.)

      I’m shocked at how much the Washington Redskins are worth, especially considering they’re sandwiched between the Cowboys and Patriots.

      MLB, NBA, NFL, Soccer

      The Braves gave Derek Lowe how much?

      January 14, 2009 /

      After losing long-time veteran John Smoltz to the Red Sox, the Braves decided to fill the hole in their starting rotation with former Dodger pitcher Derek Lowe. They also paid him $60 million.

      Derek Lowe10: I understand the desperate need for a starter and Derek Lowe’s leverage played huge roles in the decision. But don’t you find it interesting that Braves general manager Frank Wren, who didn’t want to take any “risks” with the pitching staff next season, just gave a four-year, $60 million contract to a 35-year-old?

      9: Lowe is solid but not what you’d call spectacular: 68-60 with a 3.91 ERA over the last five years. He has averaged 206 innings in that span. A $15 million a year pitcher? No. But he’ll help. Given the collapse of Pompeii, Wren didn’t have much of a choice. But if Lowe starts to look his age in two years, this contract has the potential of being a Hamptonian albatross.

      Sixty million is a lot of dough for a 35-year old pitcher who doesn’t have dazzling numbers, but the Braves are probably still better off with him at a cheaper rate than A.J. Burnett, who signed a five-year, $82.5 million contract with the Yankees. Lowe is more dependable than Burnett, as well as more consistent.

      But $60 million? I thought baseball GM’s were trying to cut down on ridiculous salaries?

      MLB

      Hot Stove League: It’s getting hot in here!

      January 10, 2009 /

      I know that I’ve been clamoring for some action in the MLB Hot Stove League for weeks, even months. But please, I can’t keep up with the floodgates these last few days. Well, here are the highlights (i.e., the bigger names), and you can bet much more will happen in the coming weeks as we get closer to spring training:

      First off, two long-time players for a single team will have new addresses in 2009: Trevor Hoffman and John Smoltz. Hoffman, who has been with the Padres since 1993 when he came over as part of a trade with the Marlins for Gary Sheffield, has not only been a great closer for San Diego for 16 seasons—he has become the all-time MLB leader in saves with 554. But when San Diego no longer put the welcome mat out, Hoffman sought to sign elsewhere, and settled on a one year, $6 million deal with the Milwaukee Brewers that can also pay him $1.5 million in performance bonuses.

      As for Smoltz, he came to the Braves in 1987 from Detroit in the Doyle Alexander trade, and has been with Atlanta, his only major league team, for 21 years. But the Braves, who are trying to inject more youth into their roster, did not offer Smoltz the money he was looking for and so he signed with the Boston Red Sox. Granted, Smoltz still is injured and probably won’t be available to the Sox until a few months into the season, but you’d rather have him in September and beyond anyway.

      The Sox also finalized their deal with free agent RHP Brad Penny on Friday, so both he and Smoltz will join a rotation that includes Josh Beckett, Jon Lester and Daisuke Matsuzaka. Whoa. I gotta be honest, I think I like their rotation better than the CC Sabathia and AJ Burnett-led Yankees’. Not to sit tight after losing out on the Mark Teixeira sweepstakes to the Yankees, Boston also signed utility outfielder Rocco Baldelli, formerly of the Rays, who grew up in New England.

      The Cubs signed outfielder Milton Bradley to a 3-year, $30 million deal, a year after he had one of his most productive seasons with the Texas Rangers (22 homers, .321 batting average). The Rays, who nearly won a title with all that youth in 2008, signed veteran OF Pat Burrell away from Philly, the team that beat them for said title.

      Also, Jason Giambi has returned to his roots, signing a one-year. $5.25 million deal with Oakland, the team he began his career with before taking his big bat (and his tubes of stuff, allegedly) for big bucks.

      Oh, and as if the Mets and Braves didn’t have enough to battle about on the field (I bet New York is thrilled not to have to face Smoltz anymore), the two teams are reportedly fighting hard over the services of one Derek Lowe. Then, whoever loses out on Lowe can turn their attention to the likes of Ben Sheets, Freddy Garcia or Andy Pettitte.

      I know the economy still sucks, but at least we have some signings and movement.

      Bullz-Eye Sports Channel, Fantasy Baseball, MLB, Rumors & Gossip

      What, $10 million isn’t good enough, Andy?

      January 6, 2009 /

      Far be it for me to question any man’s financial worth, but what the hell is wrong with Andy Pettitte?

      Andy PettitteAndy Pettitte may not be returning to the New York Yankees after all.

      The left-handed starter has rejected the Yankees’ one-year, $10 million offer, The New York Times reported, citing a person with knowledge of the negotiations.

      There’s also the issue of money.

      The $10 million offer Pettitte reportedly rejected would represent a $6 million decrease from the $16 million the Yankees paid Pettitte last year. And that comes at the same time the team has pledged $180 million to first baseman Mark Teixeira and a combined $243.5 million for starting pitchers CC Sabathia and A.J. Burnett.

      Pettitte went 14-14 with a 4.54 ERA last season, after starting the year at the center of baseball’s performance-enhancing drugs scandal.

      Pettitte, 36, waited until early December 2007 to tell the Yankees he would pitch in 2008. That was before the release of the Mitchell report, which included Pettitte, and he had not told the Yankees he might be included in the report, which said he had used human growth hormone. He subsequently admitted using HGH and was supported publicly by the Yankees.

      Let me get this straight. He’s 36 years old, is coming off a 14-14 season playing for one of the best offenses in Major League Baseball and the Yankees stood by him through his HGH scandal. And $10 million isn’t enough? Half of what he made in 2008 should be enough. The guy is on the down swing of his career and now he wants to play hardball with his next contract? Give me a break.

      MLB

      Hot Stove League: Manny Still Team-less

      January 3, 2009 /

      Among all the moves, be they trades or free agent signings, the biggest non-signing of the MLB Hot Stove off-season has been that Manny Ramirez remains without a team. Actually he hasn’t even had an offer besides the Dodgers’ two-year, $45 million offer back in November. But last night, the Dodgers and beleaguered outfielder Andruw Jones (*) parted ways, freeing up some more money on their payroll to offer Ramirez. Manny fits well on that team and with Joe Torre’s easy demeanor. And he can loaf a bit more in between raking the ball all over Dodger Stadium. We’ll see, but with the Yanks signing Mark Teixeira, and the Angels focusing on their bullpen by signing Brian Fuentes, there are less attractive options for Manny other than remaining in La La Land.

      In addition to the Teixeira Fuentes signings, Randy Johnson was inked by the Giants. This works out well for the Big Unit, who wanted to play in California and can easily reach 300 victories since he currently has 295. If only Barry Zito started pitching like Oakland Barry Zito, this staff would be looking damn good right now.

      So one of the problems with the stalled Jake Peavy to Chicago trade talks was that the Padres wanted infielder Mark DeRosa and Cubs’ GM Jim Hendry balked at that. Well, Hendry had no problem shipping DeRosa to Cleveland for three minor leaguers, did he? I think there is more to that Peavy story than what we’re being told. I don’t know what, but somebody doesn’t like somebody somewhere, and my guess is there is an agent in that conversation.

      So Derek Lowe doesn’t want to pitch for the Mets at three years, $36 million? Are you kidding me? How is that guy worth more than $12 million per season at 35 years old? Dude apparently wants a four or five year, $90 million deal. Good luck with that, Derek. Meanwhile the Mets are turning their attention back to in-house free agents Oliver Perez and Pedro Martinez, as well as less expensive options like Jon Garland or Randy Wolf.

      * Omar Minaya, if you are reading this, DO NOT invite Jones to spring training. I know the Dodgers are paying his way in 2009, but the guy can’t hit his way out of a paper bag (the stats don’t lie…..158 batting average with 76 strikeouts in just 209 at-bats). Thank you for your attention to this matter.

      Bullz-Eye Sports Channel, Fantasy Baseball, MLB, Rumors & Gossip

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