Discussion in 'Fugu's Business of Sports' started by MMC, Jan 14, 2021.
This is ludicrous. Do they think vegas is gonna shell out another 750M for a stadium?
All of this could have been avoided if Selig and the rest of the owners put more pressure on the SFG to accept a new stadium in San Jose. Or, if MLB had been more forward thinking and not recognized the splitting of the market in the 1990s when the Giants failed to move to San Jose.
MLB/SFG deserve what they get if the Bay Area becomes a one team market.
Yes, given the right proposal.
Then they are in for a rude awakening.
Yup, in a heart beat
MSG and The Venetian are currently dropping $1.66 billion on The Sphere. A 17,500 seat arena where the building itself is 1 giant 170,000 square foot screen
The real estate will cost a fortune, but there is a giant open space on The Strip across from The Wynn and next to Resorts World
There's also rumors that The Luxor might be up for implosion soon, so they could in theory put it across the highway from Allegiant Stadium
MLB teams derive more revenue from regional media packages than from the national package. Good luck with that in Nevada.
The whole San Jose thing was a freaking clerical error! "Major League Baseball" as an organization was nothing but a piece of paper describing the relationship between the AL & NL.
It said that a team can't move into certain territories without the permission of 3/4 of the OTHER LEAGUE, so that they didn't have turf wars. The Giants got the A's permission to include San Jose in the territory that so that the AL didn't have to vote on it to approve the move. (They were trying to act quick because MLB commish just died and they didn't have a new one; and the Giants were trying to get government earthquake reconstruction money).
But when they merged AL & NL into Major League Baseball in the late 90s, they turned those documents into the MLB Constitution, and in doing so, accidentally granted the Giants exclusive rights to San Jose.
MLB does NOT deserve what they get if the Bay Area becomes a one team market. That's very bad for everyone. In fact, the Giants were blocked from moving to Tampa in the early 90s because "THE ONLY BAY AREA TEAM" would become a freaking financial juggernaut.
2.23 million Metro population, wouldn't be close to the smallest market in MLB. Also currently the fastest growing metro area in the country. No luck needed
That’s not the TV market. Seattle’s TV market is Washington, Oregon, Alaska, most of Idaho, and part of Montana, so at least 12 million (maybe 15 million), and a strong incentive to not allow Portland in. Vegas isn’t getting Arizona, may not get Utah, and there are 5 teams that currently claim the Vegas market as official territory. So... easier said than done.
Most MLB markets reach a territory of at least 10 million people.
The metro population of any MLB city is only the tip of the iceberg.
Honestly, I saw this coming after the statement MMC linked above. They're sounding desperate.
MLB has done little to rectify the situation. I have no sympathy. A 3/4th’s vote could have overridden SFG’s opposition and would have been a smart financial move for the league (and the Giants, eventually).
But now A’s are teetering on the brink of relocation, despite the beautiful Howard Terminal proposal (would easily be one of the prettiest ballparks in the league). f*** MLB for not solving this problem a decade ago. Let them suffer.
Our disconnect is on "let them suffer." The suffering is allowing one single team to have a 20 million population market to themselves. It would not be instant, but in 40 years, the Giants would be a juggernaut. And there would be no hope of ever rectifying it because the startup cost of invading someone's territory is so astronomical that that the FIRST OWNER of the franchise would make no money, the second owner would.
That's why there's one NHL team in Southern Ontario. The first owner would need to pay like $800+ for a franchise, $1 billion for an arena, $2.5 billion to Toronto and Buffalo in territorial fees; so at best they aren't making any profit until year 10.
Regardless of who is to blame for the Oakland stadium situation, chances are if the A's move to a new market, the Giants get that market forever, and that is horrible for every one on MLB, period.
Let's see if anything comes from this
Even Las Vegas Ballpark has advantages over Oakland Coliseum
Great opening line; You can't spell leverage without LV.
If the Athletics move to Las Vegas, they could play out of the Aviator's stadium until a new one is built. A's were averaging under 5k fans/game from $24 and up. Aviators sell out (more than 9k) at an average price of $60.
But nothing is decided.
Would make for the shortest call up/send down trips in history
They'd be the smallest TV market in the league though. And they'd be the third major league sports team in the market, which imo would be too much for Vegas to handle. MLB's 81 home games per year make the NHL's 41 seem like nothing.
Because of this, I think a Vegas MLB team would fail miserably, but maybe I'm just a skeptic.
You have questions about the Athletics’ move? We have answers.
Paywall. Officials counting on tourism to fill stadium. I'd imagine fans would travel and stay for series.
There's a big block just east of Strip that might be usable for stadium. Or they might dig out the city of Henderson plans when the Diamondbacks were wooed. Or perhaps the land designated near Summerlin for the Amazon HQ2.
With MLB taking over MiLB the Aviators might not be forced to move. But with 5 MLB franchises claiming LV there could be some unhappy TV watching fans.
Report: Oakland A’s brass to visit Portland next month
Confirmation that the As brass will visit Portland, OR next week. The cities of Las Vegas and Henderson refuse to confirm if/who As will be meeting with.
The popcorn I’m saving here isn’t for Portland’s viability, it’s for how much humor I’ll derive from the A’s portrayal of Portland’s viability.
Key thing: more than one person has mentioned that A’s ownership is not interested in selling. Portland’s proposal requires buy-in to a development scheme that’s a bit far from downtown and horribly inaccessible for being within a few stones throws from downtown. It adds up to nothingburger, at least in terms of a move, while the A’s theoretically use Portland as leverage... which I’m not sure can be attained in the Bay Area.
EDIT- speaking of comedy, there’s an article about a different effort in the metro area.
East Multnomah County rolls out red carpet for MLB
No money behind this one. While Gresham is a close suburb in relative terms, not all roads lead there. The number of different ways this is a non-starter is almost comic.
Rays Owner Sternberg Sued Over Alleged Montreal Deal
A’s float $1B price tag for Las Vegas stadium, source says
Paywall. Meeting with CC county, LV city officials. Looking for near resort corridor location. $1b price tag for stadium estimated; perhaps private-public partnership. Will be talking with local corps Wynn, Caesar.
Most lawmakers not willing to use public dollars to woo Athletics
Nevada legislators not overly enthusiastic about providing public funding towards stadium to entice Athletics to relocate. Free, cheap land? Sure.
I still say he's the villain, considering he refused to let the team break the Tropicana Dump lease early.
From what I recall under this mayor's term, they did negotiate a buyout that was valid for 3 years as long but could look only in Pinellas and Hillsborough Counties.
It was during that time the Ybor City plan came about but couldn't reach a funding agreement. As it was not going to be in St. Petes, Kresiman had no incentive to extend it. Hence this saga is going nowhere until after this fall's election
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