Monday, August 23, 2010

The Nuttings' Financial Balk

I didn't quite get the back story to the piece on Sunday about the Nuttings' having to explain the state of finances down at the Pittsburgh Pirates organization to the owners of MLB.  Turns out it stems from this fairly amazing article by local AP sports beat writer Alan Robinson.  Worth a read.  I have to admit I did not realize there was an active North American Association of Sports Economist mentioned in there.  Does make you wonder if the public will ever see the 'leaked' documents the AP story is based on. Just my reading of the tea leaves, but it seems the Nuttings are angling to own all of the organization by making it harder and harder, despite the profit, for the minority owners to remain with the team. Maybe Alan's next investigative piece will poke at that some?

That is all far more interesting than what I was going to mention.  While I haven't been watching the Pirates have bested Baltimore in the race to the bottom and only now have the worst record in all of MLB. A different PG headline says the March to 100 losses begins....  Yeah, I suppose.  Anyone want to put 110 on the table? Thus far they have won a third of their games played.  With 162 game season, losing two thirds by my simple math you get a potential 108 games lost. That and you can't say the trend has been supportive of them holding steady even at this point. If they trend worse?   1X0?

update:  I can't say whether these are the same documents that the AP is reporting on, but Deadspin aparently already has some of the Pirates' financial documents online.

Update2:  You know this story is going to have legs... now the Atlantic has this: How Baseball's Worst Team Explains the U.S. Economy

and the Sporting News: Leaked financial documents show lowly Pirates made millions

detailed parsing of the numbers comes from the Biz of Baseball.

update3:  and now the NYT is on the case:


Anonymous MH said... making it harder and harder, despite the profit, for the minority owners to remain with the team.

By sucking so much they can't go out in public?

Monday, August 23, 2010 9:21:00 AM  
Blogger Conservative Mountaineer said...

"How Baseball's Worst Team Explains the U.S. Economy"

You mean Obama also runs the Pirates? Who knew?

Monday, August 23, 2010 8:38:00 PM  
Anonymous Anonymous said...

What caught my attention in the Atlantic article was the mention of football's "payroll minimum" rule and how small market teams started winning after it was instituted.

Tuesday, August 24, 2010 9:22:00 AM  
Anonymous Anonymous said...

CM, you are sooooo predictable. When did you say you'll be moving down South?

Tuesday, August 24, 2010 9:23:00 AM  
Anonymous MH said...

I think we can all agree that claiming Obama is a Muslim born in Kenya is dirty pool. However, it seems a kindness compared to accusing him of running the Pirates.

Tuesday, August 24, 2010 11:05:00 AM  
Blogger Conservative Mountaineer said...

Hehehehehe... glad I could humor you Liberals... just got back froma week-long vacation in NC/SC playing golf and scoping out RTP area and Charleston, SC.

BTW, how's that "Hopey/Changy" thingy working for you?

Tuesday, August 24, 2010 2:15:00 PM  

Post a Comment

Links to this post:

Create a Link

<< Home