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August 24, 2006 [LINK]
Yanks win games, but lose money
And if you believe that, I have a bridge to Brooklyn I'd like to sell you. As Andrew Zimbalist, Neil deMause, and others have amply documented, accounting tricks (such as depreciating players' payroll as though it were an asset) enable baseball franchises to make it look like they are losing money. So why were so many investors willing to pay up to a half billion dollars for the Washington Nationals in an allegedly [limited-size] market? Not because they were being charitable, I guarantee you. Leave it to George Steinbrenner to lament his financial condition after outbidding the rest of the major league teams in putting together the Best Team Money Could Buy. According to ESPN.com (hat tip to Brian Hughes),
[The Yankees' general manager Brian] Cashman told Bloomberg radio that the new stadium is 'vital' to helping the Yankees return to profitability.
Forbes Magazine reported that ... the Yankees lost $50 million last season because the team paid $77 million in revenue sharing.
I suppose I shouldn't criticize Mr. Steinbrenner too harshly, after all, because he is going to pay most of the cost of building the new Yankee Stadium. The city will pay for new parking facilities, a revamped subway station, and assorted infrastructure improvements.
Tigers win games, regain fan base
Rob Visconti relishes one of the side-effects of the Detroit Tigers' spectacular improvement this year: Attendance at Comerica Park has risen dramatically. "As a veteran of more games in which I had damn-near an entire section of the Comerica Park stands to myself than I care to remember, it's nice to have a little company."
Eischen is on the mend
Relief pitcher Joey Eischen, one of the dwindling cadre of former Montreal Expos on the Washington Nationals, says he is recovering from surgery faster than expected, but he still won't be able to play this season. See MLB.com. His fierce competitive spirit is a resource that must be conserved. As one of the reliable workhorse relief pitchers during the Nationals' amazing ascent to first place in the NL East during June 2005, he has earned the right to be given a chance to pitch for the team next year. Are you listening, Jim Bowden?
UPDATE: Bears Stadium memorial
By amazing coincidence, only one day after I updated the Mile High Stadium page, there was a story at MLB.com about plans in Denver to place a memorial plaque at the site of the old "Bears Stadium," as it was known until December 1968. A memorial home plate will also be installed in the parking lot pavement as close to the original location of home plate as can be determined. The ceremony will be held on August 29, with Colorado Rockies players in attendance. Now that spot is in the middle of a parking lot for "Invesco Field at Mile High." (Hat tip to Rod Nelson of SABR.)
Posted (or last updated or commented upon): 24 Aug 2006, 9: 41 PM
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Hits on this page (single blog post) since July 2, 2007:
Culture & Travel
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This (or that) year's
January 7, 2006 ~ DeLay gives up majority leader post
January 12, 2006 ~ Alito withstands Dems' "torture"
January 16, 2006 ~ Michelle Bachelet wins in Chile
January 19, 2006 ~ Views on Iran's nuclear ambitions
January 24, 2006 ~ Fallout from Canada's election
January 31, 2006 ~ Second (& third) thoughts on Iran
February 1, 2006 ~ The State of the Union, 2006
February 8, 2006 ~ D.C. Council votes "yes," but...
February 18, 2006 ~ Checks and balances in wartime
February 22, 2006 ~
Neocons & Neolibs: chastened alike
February 28, 2006 ~
The Dubai Ports World uproar
March 14, 2006 ~ New D.C. baseball stadium unveiled
March 24, 2006 ~ In the footsteps of France?
April 7, 2006 ~ Immigration compromise fails
May 16, 2006 ~ Bush militarizes Mexican border
June 6, 2006 ~ Alan Garcia triumphs, once again
June 9, 2006 ~
Zarqawi: The death of a terrorist
July 3, 2006 ~
Election in Mexico: too close to call
July 5, 2006 ~ North Korea goes ballistic
July 28, 2006 ~ Garcia prepares to lead Peru, again
August 4, 2006 ~ Israel invades Hezbolland
September 6, 2006 ~ "Crunchy conservatives": for real?
September 25, 2006 ~ Nationalists thwart conservation
October 3, 2006 ~ Nationals: Year in review
October 29, 2006 ~ Virginia's marriage amendment
November 7, 2006 ~ The people render their verdict
November 8, 2006 ~ Republicans lose big time
November 9, 2006 ~ Allen concedes / Election post-mortem
November 13, 2006 ~ Toward consensus on Iraq?
December 1, 2006 ~ Realism and our goals in Iraq
December 6, 2006 ~ Latin America & U.S. trade policy
December 8, 2006 ~ Iraq Study Group reports
December 22, 2006 ~ Yuletide political roundup
Blog highlights have been compiled for the years 2010-2012 thus far, and eventually will be compiled for earlier years, back to 2002.
The "home made" blog organization system that I created was instituted on November 1, 2004, followed by several functional enhancements in subsequent years. I make no more than one blog post per day on any one category, so some posts may cover multiple news items or issues. Blog posts appear in the following (reverse alphabetical) order, which may differ from the chronological order in which the posts were originally made:
- Wild birds (LAST)
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- Latin America
- Culture & Travel
- Canaries ("Home birds")
- Baseball (FIRST)
Also see: My blog practices.
Blog errata (Nobody's perfect.)