Is the current collective bargaining agreement solely responsible for the crash in free agent values? We mentioned this in passing during a recent Roundtable, but it’s worth a more in-depth look. As Doug Pappas has noted, revenue sharing reduces the marginal value of players. What that means is that if you’re the Red Sox, and you worked out that a win was worth $1 million to you in additional raw revenue from merchandise, next year’s radio deal, and so forth, if you share your revenue with the other 29 teams, that amount is reduced.
I usually complain that the lack of changes in the weather in southern California causes me to not get into the Christmas spirit. So this year, Sophia and I came east to spend the holidays with my family…and it’s 57 degrees in New York City on December 23.
The California-native bride is happy that she can feel all her extremities, but I’m looking around for an open golf course, and still wondering if my Christmas cheer is going to make an appearance.