Major League Baseball’s piece of metal hasn’t even been awarded yet and Rob Manfred is already talking about next year.
In an interview with Barry M. Bloom for Sportico, MLB’s commissioner stated that the teams have amassed a collective $8.3 billion in debt by playing the 2020 season without fans. This claim comes just a few days after hundreds of employees, both on the business and the baseball side of operations, have been laid off.
Of course, Major League Baseball’s books are closed so we’ll never actually be able to verify just how much money teams lost this year. I mean, obviously, teams took a significant not having fans in the stands buying tickets, merchandise, and concessions, but player salaries, which make up far and away MLB’s largest expenditure, were prorated to the 60-game season.
Manfred coming out and saying that MLB lost all of this cash is simply just a way to A) navigate the ugly PR situation of so many employees being laid off during a global pandemic and B) get ahead of the game for the inevitable labour negotiations with the Players’ Association that will happen before the 2021 season.
You’ll surely remember …
Author: Cam Lewis / Blue Jays Nation