Recent Comments By Rockies Owner Reignites Offseason Ire

[Redd Vencher]

1 hour ago, Jopal78 said:

Grow some thicker skin. It’s not condescending; your mind is clearly made up.  They’re idiots in your purview, I get it. 

Although you haven’t really contradicted the premise that nobody can consistently pitch well there and their moves should all be viewed from the lens of trying to win without being able to pitch effectively.

Thus, one sees what they want to see. 

The Rockies problem has been their offense more than their pitching. They've never had a 100+ wRC+ (closest was 97 in both 2007 and 2017) offense in their entire history. They have 10 seasons of 100 ERA- or better, and another 7 seasons 102 ERA- or better.

[Brock Beauchamp]

9 hours ago, Jopal78 said:

Grow some thicker skin. It’s not condescending; your mind is clearly made up.  They’re idiots in your purview, I get it. 

Although you haven’t really contradicted the premise that nobody can consistently pitch well there and their moves should all be viewed from the lens of trying to win without being able to pitch effectively.

Thus, one sees what they want to see. 

It's not about growing a thicker skin, it's about taking potshots at other users instead of addressing the point they're making. We addressed this with an entire thread a few weeks ago.

Anyway, I'm not here to change your mind about the Rockies. I've said my piece and will move on.

[Dwat7205]

And how much revenue are a bunch of teams going to lose if/when Bally/Sinclair goes bankrupt as expected?

Anyone stop to think that "smarter" management required restraint this winter/spring to see how that bankruptcy filing will shake out.  Most stories I have seen expect MILLIONS of dollars in revenue  to vaporize in the next several weeks/months when it happens.

[Playing Catch]

One thing that doesn't get discussed very often in these types of threads is the power that the other actors wield in the overall financial landscape of the sport. Fans like ourselves like to point at owners like Attanasio and say, "Why didn't he decide to make the team better by signing so-and-so?" As if this type of decision happens in a vacuum. The owner isn't the ONLY one making the decision. Owners, GMs, Players, agents, union, the league all have a say in how FAs arrive at signing on the dotted line. Some players truly care about winning. Others truly care about playing near home, Others truly value playing in a big city. Others need to have as much money as possible. When ALL of the factors and ALL of the actors come together, you get a decision like the Yelich extension, or the Grandal and Moose signings. But sometimes Milwaukee just isn't the situation that ends up with a big-time free agent. Considering all of the challenges that the Milwaukee market presents in this manner, this team is exceedingly well run. I think that sometimes our fandom results in our losing sight of this.

For those that would retort with analogies to the Packers and Bucks, those leagues (and unions) have created CBAs and league-wide marketing that flattens the competitive landscape. MLB is much more akin to European soccer than the NFL or NBA.

[Brock Beauchamp]

On 2/2/2023 at 10:08 AM, Dwat7205 said:

And how much revenue are a bunch of teams going to lose if/when Bally/Sinclair goes bankrupt as expected?

Anyone stop to think that "smarter" management required restraint this winter/spring to see how that bankruptcy filing will shake out.  Most stories I have seen expect MILLIONS of dollars in revenue  to vaporize in the next several weeks/months when it happens.

First, welcome to the site!

Second, from what I've read it's possible, maybe even likely, this situation will have little impact on 2023. This bankruptcy filing isn't going to happen overnight and may not impact teams through the 2023 season.

The long-term situation is pretty scary for teams (but also rife with potential to improve upon the currently broken system) but I'm not sure the short-term situation will have much impact on payrolls.

[LouisEly]

On 2/2/2023 at 10:08 AM, Dwat7205 said:

And how much revenue are a bunch of teams going to lose if/when Bally/Sinclair goes bankrupt as expected?

Anyone stop to think that "smarter" management required restraint this winter/spring to see how that bankruptcy filing will shake out.  Most stories I have seen expect MILLIONS of dollars in revenue  to vaporize in the next several weeks/months when it happens.

Not just Bally/Sinclair, but anyone who watches business news/CNBC/etc. knows that ad spending by businesses is down as businesses look to brace for a possible recession.  While that may not significantly affect TV revenue in 2023, there is lots of other advertising that goes on within the realm of baseball (stadium billboards, other sponsorships, etc.) that is specific to a team and will have an effect on the team's total revenue.

[Jopal78]

On 2/2/2023 at 10:08 AM, Dwat7205 said:

And how much revenue are a bunch of teams going to lose if/when Bally/Sinclair goes bankrupt as expected?

Anyone stop to think that "smarter" management required restraint this winter/spring to see how that bankruptcy filing will shake out.  Most stories I have seen expect MILLIONS of dollars in revenue  to vaporize in the next several weeks/months when it happens.

Probably zero. I don’t think there would be a bankruptcy filing, where Diamond stiffs all these teams by failing to pay what they promised in bankruptcy then continues on after as their business partners broadcasting content as if nothing happened. 

[nate82]

3 hours ago, Jopal78 said:

Probably zero. I don’t think there would be a bankruptcy filing, where Diamond stiffs all these teams by failing to pay what they promised in bankruptcy then continues on after as their business partners broadcasting content as if nothing happened. 

That is literally what happens in a bankruptcy. 

[Jopal78]

19 hours ago, nate82 said:

That is literally what happens in a bankruptcy. 

You’re thinking 1-800-bankruptcy for individuals. It doesn’t really work that what for billion dollar corporations.  In a reorganization a debtor typically doesn’t ask for its creditors to take a hair cut and then resume their business partnership as if nothing happened. Usually the business goes away to some other party like the secured creditors who would be first in line.  

[nate82]

1 hour ago, Jopal78 said:

You’re thinking 1-800-bankruptcy for individuals. It doesn’t really work that what for billion dollar corporations.  In a reorganization a debtor typically doesn’t ask for its creditors to take a hair cut and then resume their business partnership as if nothing happened. Usually the business goes away to some other party like the secured creditors who would be first in line.  

Incorrect.  If they restructure or reorganize then that means the debt will also be restructured or reorganized.  Depending on that outcome it could be less for the current fiscal year and the next fiscal year.  If they are having trouble paying the debt now then they are going to have problems paying it in the future.  So either the MLB teams take less or they get more than likely nothing.  The secured creditors are going to sell the business and that means pennies on the dollars for them. 

Basically the teams are not going to get the full amount that they are owed this year and they may never get the full amount.

 

[Jopal78]

37 minutes ago, nate82 said:

Incorrect.  If they restructure or reorganize then that means the debt will also be restructured or reorganized.  Depending on that outcome it could be less for the current fiscal year and the next fiscal year.  If they are having trouble paying the debt now then they are going to have problems paying it in the future.  So either the MLB teams take less or they get more than likely nothing.  The secured creditors are going to sell the business and that means pennies on the dollars for them. 

Basically the teams are not going to get the full amount that they are owed this year and they may never get the full amount.

 

Time will tell. If Diamond Sports declares bankruptcy, it is a fact their secured creditors who make claims in bankruptcy are going to be given a plan on how Diamond will make them whole or as close to whole as possible first before addressing any of the claims from unsecured creditors such as sports teams that they have contracts with. 

The right to exclusively broadcast sporting events would be an asset of the bankrupt corporation. There are lost of options that could take place with those assets: they could be sold to a debtor in exchange for money owed, they could be sold to  a 3rd party for cash, or taken by a secured creditor in exchange for satisfaction of their debt. Sinclair Broadcasting could very well be the largest secured creditor and basically pick up the contracts from their own subsidiary. 

The point is: there likely would not be a court approved renegotiation of all those sports broadcasting contracts, Bankruptcy Court is not going to force companies to be business partners post bankruptcy without first getting consent.