Since football is done, and draft is a ways off... some baseball, revisited.
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Originally Posted by huskerdooz
You make it sound like all that revenue that your 5th largest economy (something like that) is lining the pockets of the Glass family. I have no doubt that Wal-Mart has made David Glass a very wealthy man but even he doesn't have bottomless pockets.
For the record just who would you like the Royals to spend some of this payroll on? Hell people all around baseball are pitching a bitch that the Royals signed Meche to such a high dollar contract. Right now besides the FAs they signed this winter (Meche, Dotel, Riske, and possibly Bale), Sweeney, Sanders, Grudz, Brown, Perez and LaRue the majority of the players are young guys. It's entirely possible that next season the team will have an even lower payroll yet may actually be thought to have a brighter future. When this years contracts for Sweeney, Sanders, LaRue, Brown, Elarton, Dotel, and possibly Grudz if the option isn't picked up come off the books, the payroll could be effectively cut in half. In fact if any of the aforementioned veterans are traded before the end of the season then the payroll could actuall go down during the season. If Dayton Moore is unable to lure any other FAs to come to KC, then we could be looking at plugging guys like Billy Butler, Mitch Maier, Luke Hochevar, and a few others making the ML minimum. What will you be saying then?
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The more you read about Royals owner David Glass, the more you wonder why the hell Dayton Moore agreed to work for him.
Dayton certainly seems like a smart guy. Surely he did his research. But this piece on espn.com furthers the impression of the New York Times article we referenced a few days back: Glass is a tyrant, a fraud and a charlatan. He's excellent at making himself rich and damn everything else. The espen piece compares him to evil Simpsons nuclear plant potentate Montgomery Burns. We can only assume Dayton's not a closet Smithers.
Here's just one of the parade of galling items in the story:
David Glass is no overnight sensation. He's been cutting corners and making untold millions for years and years. Forbes magazine estimated Glass' yearly profits from the Royals at $20 million. Quite a handsome haul for a franchise that has averaged 97 losses and is well on its way to its fourth, 100-plus-loss season during David and Dan Glass' seven-year reign of terrible. With new Kauffman Stadium taxpayer-financed renovations on the way, the franchise will soon be valued at more than twice what Glass paid for it in 2000.
The story also notes that Glass was actually chairman of the Royals board when he bought the team, and essentially negotiated with himself to buy it for $96 million, $24 million less than the other bidder offered. Good luck, Dayton.
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Last I could find of David Glass' worth was from 1999, est. at 326 million. Its clearly gone much higher both if he has apparently made a profit off the Royals and any other $$$ he has seen over the past 7-8 years. Hell, the franchise is expected to be double its worth after the renovations alone. That means even a modest number off the Royals, would be $96 mil for the team's worth, but lets say its not $20 mill every year, and just give an even number of $100 mil. THAT'S 196 million he has gained just off the team that he got at a ridiculous price to begin with.
The guy can more than afford to put a team out there with a payroll in the middle of the pack- which would be fair given the rest of the talent in our division. If he's really committed to fielding a winner, then he should know that taking a loss for a year or two is simply an investment that will see a return.
If KC had a team in contention and an honest shot at being a competitive team, KC's commitment to a winning team speaks for itself and he would in turn make his money back. Not to mention, additional success would add value to the franchise and additional revenue in media contract, merchandising and exposure.
Let's not forget he got the Royals at a rock bottom sale price.