Jump to content

Revenue Sharing


weams

Recommended Posts

Posted

https://www.mlbtraderumors.com/2018/01/mlbpa-raises-revenue-sharing-concerns-regarding-marlins-pirates.html

 

Quote

The root of the union’s concern is whether the two teams are appropriately reinvesting the money that they receive under the league’s revenue-sharing program, both Jackson and Passan noted in their reports. The MLBPA issued the following statement to Jackson:

“We have raised our concerns regarding both Miami and Pittsburgh with the Commissioner, as is the protocol under the collective bargaining agreement and its revenue sharing provisions. We are waiting to have further dialogue and that will dictate our next steps.”

 

 

Posted
Quote

A similar scenario occurred back in 2010, at which point Miami did (briefly) increase its spending; the Marlins rolled out their first $100MM+ payroll in 2012,  the debut season of a taxpayer-funded stadium in Miami, only to conduct a massive firesale the following offseason.

 

 

Posted
Quote

“…require a Club to submit a plan for its financial performance and competitive effort for the next two years. Such a plan must include a pro forma financial presentation that specifies its attendance, revenues, payroll, player development expenditures, non-player costs, and capital spending. The Commissioner, after consultation with the Players Association, may direct the Club to change aspects of its plan, including the level of competitive effort reflected in the plan, or take other actions as he considers appropriate (including escrow of a portion of a Club’s revenue sharing payments).”

 

 

Archived

This topic is now archived and is closed to further replies.



×
×
  • Create New...