If Baseball Is Cancelled Who Will Care?

Mish

MLB negotiations have been cancelled. The dispute is over how to split the cost of the pandemic lockdown.

It's a game of who's bluffing whom as Players Dare the League to Cancel the Season.

The Dispute

  • The owners want to pay the players 37% of their salary for 44% of the games.
  • The players demand prorated salaries based on the number of games played no matter what the attendance is.

The bitter negotiations have already cost baseball the chance to restart by the Fourth of July and play 80 games or more—about half of a normal season. If the two sides reached a deal now, about two dozen additional games could be added to the schedule for a total of about 75. Staging them would cost the owners, whose industry generated about $11 billion in revenue last year, about $20 million per team in player compensation.

Ticket Prices

Are CUBs Ticket Prices lunacy or Genius?

  • In 2019, only two of the last 13 home games had more than 40,000 in attendance and three of those games were under 35,000 in paid attendance? The reason is simple — the tickets are too expensive!
  • For a 19-game stretch from mid-June to early August, the cheapest STH ticket price (Upper Reserved Outfield) is $39. Speaking from a Southern California perspective, the Dodgers, Angels and Padres have traditionally had tickets from $10-15 for almost every game during the same period. Many families can not afford those prices, and as a result, the Cubs are not developing that next generation of Cubs’ fans. 

That article was written on November 18, 2019, long before Covid-19 was an issue.

Baseball Attendance and Payroll

Baseball Attendance and Payroll

Table from Baseball Reference, highlights mine.

Lg Payroll: Sum of player salaries in our database.  This will not be a 100% accurate accounting of league finances 

Payroll/Tm: Approximate Payroll Per team. Sum of player salaries in our database divided by teams. This will not be a 100% accurate accounting of league finances

Attendance Notes

Attendance peaked in 2007. Attendance is less than in 1999. 

In 1999, payroll per team was $50,119,641. In 2019 payroll per team was a whopping $133,327,569. 

Is the baseball any better? Is it more entertaining? 

Play Ball?

I have no sympathy for either side if the entire baseball season is cancelled. 

Mish

Comments (47)
No. 1-22
DBG8489
DBG8489

Very few people will care.

I was a huge fan for a long time. However, I gave up on the game long ago when they decided to start interviewing people who weren't fans and trying to make changes to the game based on what those people saw as "wrong" with it.

Plus, I think a lot of sports fans aren't necessarily fans per se - they are gamblers who used the sports to drive their cravings. However, most of them have discovered the never-ending punch bowl that is today's stock market and because of that, they may never go back to betting on sports.

Tony Bennett
Tony Bennett

but but but where will people go to get $8 hot dogs and $10 foamy crappy beer??

Bam_Man
Bam_Man

Hard to believe that many of these teams are profitable. How can they be?

Ted R
Ted R

Greedy bastards, one and all. They may have gone to far this time. Cancel the season already.

MiTurn
MiTurn

I care! I love baseball -- minors, college ball, pros, American Legion. Sad to see what's going on right now, but I do care!

SAKMAN
SAKMAN

I would not care one but, you need to ask the mainstream the question. They will care.

Casual_Observer
Casual_Observer

The great American sport of baseball. With players like Rodriguez, Gonzales, Martinez and Sanchez.

Corvinus
Corvinus

The only impact baseball ever had in my life was pre-empting programs I liked to watch as a child.

Mr. Purple
Mr. Purple

First of all, Major League Baseball may be cancelled. Baseball itself will go on.

MLB is an abomination, frankly. It can go to hell, wouldn't miss it a bit.

Youth baseball is where it's at. Get involved in your community. Tell the millionaires and billionaires to pound sand.

RonJ
RonJ

I lost most interest after the 1996 strike cancelled the World Series.

TumblingDice
TumblingDice

Amazing. I look at the chart of league and team payroll and people still say INFLATION has been low for the last 20 years.

Hilarious.

Six000mileyear
Six000mileyear

Elliott Wave has written about the correlation between baseball and the economy. Baseball is a bull market sport. The fact baseball attendance has been in a steady decline (bear market) since the housing bubble burst tells me the past 11 years of economic recovery there are large negative shifts in social mood occurring. The rise of Ultimate Fight Club confirms the negative mood shift in sports.

Zardoz
Zardoz

The only sport more boring than baseball is golf. Good riddance.

Anna 7
Anna 7

I lost interest when the White Sox threw the World Series.

amigator
amigator

I agree I will never attend a game I did all I could to keep my kids out of baseball!

I would say you are seeing some inflation in baseball salaries. Inflation is everywhere except where the Fed calculates!

This is getting pretty good and more fun than baseball to watch. Trillions not billions of dollars are being thrown at financial problems that will be 10's of trillions this time. I can't wait to see the next melt down it will be many 10's of trillions.

hmmmmm.. sing along. C'om Mish!

take me out to Wall Street,
take me out to pay
Buy me some ENRO and AIG
I don't care if I never get paid back
Let me rout, rout rout for my pension plan
If they gone on it will be in a sham
For its one, two, three trillion you're out
at the old Wall street game!

debracarter
debracarter

I've played sports, as well as my x spo, & children, way back in the 80/90's. You either like them or you don't. We love them. If we get rid of sports, like plenty of schools, & countries,have been trying, then; how are we to stay physically fit? It keeps reminding us, to get up off the couch & go have fun!

Bungalow Bill
Bungalow Bill

I will care. You are right, as a Cubs fan, I can only afford to go to a game a year. To take my family to the last two games cost me well over $500 to enjoy beautiful Wrigley Field. I love my Cubbies and wish I could love them some more with more frequent visits.

john of sparta
john of sparta

the '96 strike ruined baseball for my son (and his friends) who was just "getting into it".... they switched to hockey stayed. i believe that MLB is losing another generation.

Herkie
Herkie

All professional sports is a waste, enormous waste of money. If people want to get together locally and play games for fun and other go as spectators that is a legitimate social good, but pro sports of any kind is not good for a society.

Busdriver1
Busdriver1

What is the point of only playing a partial season. I say if they can not open up cancel the season. Baseball starts in spring not part way into summer.

JimmySlot
JimmySlot

Howdy mates, I should share a passageway wherein some wagering objections are assembled, they are checked and absolutely trustworthy with portions. I'm sure if you go here https://newcasinos-ie.com/ you will find something for yourself and will not remain aloof. One has simply to endeavor to totally change yourself to improve things.


Global Economics

FEATURED
COMMUNITY