White Sox projected at a $67.1 million OD payroll, 29th in all of MLB

[Lightly Folded]

1 hour ago, buckweaver said:

Might the low payroll be seen as a positive for a prospective new owner? Let's hope.

Definitely will be seen as a “positive” by anyone sniffing around to potentially buy this franchise.

Attendance will be dismal in 2025. Does this mean more of our tax dollars will be handed over to Reinsdorf to supplement his self made attendance shortfall?

[hogan873]

This is extremely frustrating.  I was a Pirates fan in the late 80s and early 90s, having grown up near Pittsburgh.  The strike in 1994, along with the Pirates dismantling their team for years, made me lose interest in baseball.  I moved to the area in 1999, and my wife was a Sox fan, so I adopted them as my team.  Twenty years later, we've gone full circle, and my team refuses to spend money and put a good team on the field.  I don't blame teams that spend.  It's greedy owners like JR that are killing the sport.  MLB needs a salary floor before a salary cap.

[Kyyle23]

7 minutes ago, hogan873 said:

This is extremely frustrating.  I was a Pirates fan in the late 80s and early 90s, having grown up near Pittsburgh.  The strike in 1994, along with the Pirates dismantling their team for years, made me lose interest in baseball.  I moved to the area in 1999, and my wife was a Sox fan, so I adopted them as my team.  Twenty years later, we've gone full circle, and my team refuses to spend money and put a good team on the field.  I don't blame teams that spend.  It's greedy owners like JR that are killing the sport.  MLB needs a salary floor before a salary cap.

It sucks being a feeder team 

[fathom]

11 hours ago, Chisoxfn said:

I am so sick of the payroll disparity in baseball. I’m so sick of JR too. 

Sox are basically a minor league team competing in the majors for 2025

[caulfield12]

According to a 2017 financial report, ISFA’s combined fund deficits stand at $207.5 million. And taxpayers are still on the hook for debt repayments following a series of renovations at Guaranteed Rate Field and an overhaul of Soldier Field completed in 2003.

Through Chicago hotel tax revenue and a combined $10 million in annual state and local subsidies, taxpayers can expect to continue shouldering these costs for decades. More recently, a cancelled concert at Guaranteed Rate Field cost taxpayers more than $1 million in 2017, when ISFA failed to obtain a full refund for the $1.6 million spent on the event.

Chicago taxpayers are also picking up the tab for stadiums outside ISFA’s purview. For example, the recent construction of Wintrust Arena, home to DePaul University’s basketball teams and WNBA’s Chicago Sky, cost taxpayers $82.5 million.

“If the White Sox attendance falls below 800,000, the Illinois Sports Authority has to make up the difference to protect Reinsdorf from losing money. So in effect, horrible attendance protects them from losing money, except of course, for concessions and other things. So, as I understand it, if no fans showed up, he would still be made whole, and only lose whatever he would’ve sold in concessions and Parking...”

https://www.illinoispolicy.org/30-years-later-taxpayers-still-on-the-hook-for-white-sox-stadium/

 

Edited yesterday at 05:45 PM by caulfield12

[WBWSF]

1 hour ago, caulfield12 said:

Wasn’t it just $277 million last year?

That is not counting the national TV money. The total is somewhat near $400 million. Also,some people have said the team hasn't been making  money. If the team was losing money JR would sell the team in a heartbeat.

[caulfield12]

https://harris.uchicago.edu/files/inline-files/Chapter 5%2C Mark Siedentopf.pdf
 

Read pages 88/89…the total cost of all the Bears and Sox renovations and refinancing them three times comes up to $1.19 billion dollars that Illinois taxpayers will owe, well over double the original cost of the renovations themselves.

 

So there’s just no way in hell Reinsdorf will get another dime from the State, nor should he.

[caulfield12]

17 minutes ago, WBWSF said:

That is not counting the national TV money. The total is somewhat near $400 million. Also,some people have said the team hasn't been making  money. If the team was losing money JR would sell the team in a heartbeat.

 

949

 

Each Team Is Getting 200+ Million Each In Revenue Sharing? And Teams Still Refuse To Spend? (self.baseball)

submitted 1 year ago by Chicago CubsBaybears

“Under the new collective bargaining agreement (CBA) negotiated in 2022, each MLB team pools 48 per cent of local revenues with the total amount split equally between all 30 teams. This results in each team taking in 3.3 per cent of the total—an estimated $110 million USD, if not more. Teams also receive a share of national revenues, totalling around $90 million USD per team.”

Source: https://www.thetribune.ca/sports/mlb/#:~:text=Under%20the%20new%20collective%20bargaining,million%20USD%2C%20if%20not%20more.

 

 

“It's comical how many people are out there in comment threads on articles or in threads on reddit crying for a salary cap and yet they continue to defend these owner's that refuse to spend on their teams. 

If Tampa Bay would just spend some god damn money on their roster they'd have probably won multiple world series over the last 10 years at this point. It's ridiculous.

People cry over wanting a salary cap and yet you have these teams that aren't even spending their revenue sharing money.

In the next CBA they need to mandate that if you want to receive revenue sharing that like at least 90% of it needs to go toward player salaries. Enough of this s%*#.

If you can't afford to spend 100 million minimum on your team's salary when you're receiving this much in revenue sharing then you have no business owning a major sports team and should sell it.”

[chetkincaid]

As a fan you’d be a fool to spend a dime to support this team as long as JR is the owner. 

[southsider2k5]

44 minutes ago, WBWSF said:

That is not counting the national TV money. The total is somewhat near $400 million. Also,some people have said the team hasn't been making  money. If the team was losing money JR would sell the team in a heartbeat.

Operating income and capital gains taxes are two different things and totally different reasons for how to operate business.

[FloydBannister1983]

16 hours ago, caulfield12 said:

https://legacy.baseballprospectus.com/compensation/cots/

 

Believe it or not, behind the AAA/Sacramento A's, and only ahead of the hapless Marlins at $65.5 million.

 

26. Pirates $79.4 million

27. A's $68 million

28. Tampa Bay Rays (also playing in the Yankees' minor league facility), $67.8 million

29. CHW $67.1 million

30. Marlins, $65.5 million

 

AL East and AL West have six teams in the Top 15 of payrolls, and the AL/NL West have 8 teams (Rockies bringing up the rear).

AL Central has the Twins at 18th ($141ish million), 20th, 21st and 25th (CLEVELAND).

NL Central has only the Cubs at 13th in MLB, $172.5 million.

What will it be when they trade Roberts and/or Benitendi?

[FloydBannister1983]

13 hours ago, mac9001 said:

To be fair the Sox are not in a position to spend their way out of their current situation. You need several years of solid drafting/development just to make a plausible argument on contending for mediocrity. The only thing more depressing than a 40 win team is a 60 win team that made a genuine attempt at doing everything in their power (by spending) to be more competitive.

Of course when they were in a perfect position they took a pass on Harper and Machado, giving them unserious offers.  That was when the last rebuild died.

[caulfield12]

Watch out Pirates ... here we come!!!

[caulfield12]

https://www.mlb.com/news/mlb-power-rankings-inaugural-2025-edition

White Sox picked 30th

Tigers Guardians Royals Twins in that order, bunched from 11 to 18th

Short Venable video

 

30. White Sox (previously: 30)
They just lost the most games in modern Major League history, and then they traded away their ace, in Crochet. Yet it’s still probably going to get better under new manager Will Venable.

Edited 7 hours ago by caulfield12

[Chimpton]

1 hour ago, caulfield12 said:

https://www.mlb.com/news/mlb-power-rankings-inaugural-2025-edition

White Sox picked 30th

Tigers Guardians Royals Twins in that order, bunched from 11 to 18th

Short Venable video

 

30. White Sox (previously: 30)
They just lost the most games in modern Major League history, and then they traded away their ace, in Crochet. Yet it’s still probably going to get better under new manager Will Venable.

It would be hard to get any worse. Hard but not impossible!

[FloydBannister1983]

1 hour ago, caulfield12 said:

https://www.mlb.com/news/mlb-power-rankings-inaugural-2025-edition

White Sox picked 30th

Tigers Guardians Royals Twins in that order, bunched from 11 to 18th

Short Venable video

 

30. White Sox (previously: 30)
They just lost the most games in modern Major League history, and then they traded away their ace, in Crochet. Yet it’s still probably going to get better under new manager Will Venable.

I wouldn’t bet on it.

 

[caulfield12]

19 hours ago, FloydBannister1983 said:

What will it be when they trade Roberts and/or Benitendi?

$32 million less.

With Robert/Benentendi, $40.5 million as of today...as we currently stand at $72.5 after the Rojas and Perez additions.

[JUSTgottaBELIEVE]

43 minutes ago, caulfield12 said:

$32 million less.

With Robert/Benentendi, $40.5 million as of today...as we currently stand at $72.5 after the Rojas and Perez additions.

No chance they unload Benintendi but I do think they are likely to move Robert before OD

[caulfield12]

22 hours ago, Lightly Folded said:

Definitely will be seen as a “positive” by anyone sniffing around to potentially buy this franchise.

Attendance will be dismal in 2025. Does this mean more of our tax dollars will be handed over to Reinsdorf to supplement his self made attendance shortfall?

Well, in the pretty unlikely event they were to fall all the way below 800,000 in attendance…there are state subsidies that would kick in.  Another record setting (losses) season though, all bets are off for 2026.

[Iwritecode]

On 1/7/2025 at 11:27 PM, Thad Bosley said:

 And oh, going back to the expense side of the equation - “Rate Field” rent?  What is it these days?

I'm pretty sure it's $0.