Here’s why April is the greatest month in sports. I know
there is no NFL in the month of April, but look at all the other sports going
on. First off, right from the start of April, it’s Opening Day for baseball.
Second, the first Sunday in April, the Road to Wrestlemania has finally. Then
the exact next day after Wresltemania, you have the March Madness finals. After
that, the following weekend will be The Masters. Then, while all that’s going
on, you’ll have the NBA and NHL going on throughout April. Finally, at the end
of the month, you’ll have your taste of the NFL season with the NFL Draft.
Plus, how could I forget, all the UFC fights that’ll happen.
Think about it. This is a month we’ll see Mike Trout,
Rory McIlroy, Seth Rollins, Zion Williamson, Sidney Crosbey, and Roger Goodell
getting boo’d, in action all in this one month. You literally couldn’t ask for
anything better. I don’t know about you, but I can’t wait for April.
Jacob deGrom is one of my favorite pitchers in baseball. Despite playing for the horribly generally and personnel managed New York Mets, deGrom has been a winner pretty much since he emerged onto the baseball scene in 2014, with only one sub 500 year (7-8). He pretty much relies on a fastball and guts.
deGrom initially wasn’t considered part of the vaulted Mets
Generation K, 2.0. That was the Dark Knight Fat Harvey, the acquired for Carlos
Beltran Zack Wheeler, the acquired for Cy Young award winner knuckleballer R.A
Dickey Noah Syndergaard, and the lefty in the pipeline Steven Matz.
Since then Matz has been hurt every 15 minutes, Syndergaard took the Thor name too seriously and messed up his body, Harvey was banished for being a mess, Wheeler Tommy Johned it up, and deGrom has hands down been the best of the bunch. The dude struck out an all star inning on 10 pitches. He won a Cy Young award with just above a 500 record. He had a season that, if on a good team, he may have won 35 games.
So clearly, as he approaches his big payday, it’s time to
make Jacob deGrom super rich. Rich enough to not do those shitty TV commercials
selling cars with his bad acting. And that conversation is the Jacob DeGrom
Jacob deGrom is almost 31 years old. He has 5 professional
season on his resume, so it’s not exactly like he’s overthrown and will have
his arm fall off. But he also has two years of arbitration left. Also, He’ll
make $17 million for the 2019 season. Assuming arbitration will give him the
same or more, deGrom will have made at least $63 million dollars before he hits
free agency. Considering the MLBPA pension plan, it’s safe to say that Jacob deGrom
will never be poor.
And that’s something Mets fans have to consider. I like deGrom.
He has heart. But he’ll be a 33 year old unrestricted free agent. What type of
deal are you willing to give a 33 year old pitcher?
My opinion for a deal? 5 years, $110 million, and front
loaded so that by year 3 he’s taken home $85 million, and after year 4 $102
million. Here’s the breakdown:
Year 1: $30 million
Year 2: $28 milion
Year 3: $27 million
Year 4: $17 million
Year 5: $8 million
Why the scale? Easy. Tradeabilty. I expect deGrom to be good
until about age 35/36. You’re paying him to be good. There’s a strong chance
that the Mets will not be good in 3-5 years, but I’ll discuss that later.
The final two years of that deal has terms that are more
team friendly, meaning you can trade him. If he wants more security you can add
on team options, but this is the extent I’d be willing to go.
Because I wholeheartedly believe that the Mets will suck for
the foreseeable future. They’re majority owned by the Wilpons, who are absolute
assholes. Here’s an example of said assholery.
When asked if the Mets will be in play for Bryce Harper, one
of the Wilpons – I don’t care which one because they’re both fucktards- said “How
many teams carry two $30 million players?”
A divisional rival, the Washington Nationals
Your own team carries ZERO $30 million players
At a $20 million standard, your same city rivals
have 50% more guys at that price point
Your same league rivals the Chicago Cubs have
100% more $20 million players than the Mets
How many excuses do you have for being not good
So we have deGrom looking at a team hoping their minor
leagues becaue the owners have already declared that despite reaping insurance
policy returns on David Wright and Yoennis Cespedes, they will not reinvest in
the team. Also, this is an organization who hasn’t produced any worthwhile infielders
players since David Wright and Jose Reyes and hasn’t produced a worthwhile
outfielder since Darryl Strawberry. They will not fortify their lineup. The Mets
owners came out and said “we can sign two major young free agents and still
have a payroll lower than the Red Sox and Cubs but we chose not to, so FUCK
We also have deGrom looking at a rotation that will be
vastly different shortly. Expect a Syndergaard trade. It almost happened this
winter. It will happen as he approaches a payday. Or maybe deGrom gets traded
and the Mets keep Thor. Either way, these guys will not be long term teammates.
Wheeler? Traded by the Mets already for a former Met, to
have the deal rescinded because the talent they acquired wasn’t healthy. Matz?
Will never be healthy as a Met, despite having a sandwich named after him at
the Seaport Deli in Port Jefferson. Harvey? Bust. The Mets could have acquired
Gio Gonzalez this winter but instead felt that Jason Vargas was the better
option. He isn’t.
So deGrom is largely an island out at sea, a winner
surrounded by losers. Which brings us the the dilemma: what to do with Jason
Do the Mets pay him? For what? They’re not going to win with
him, because they don’t presently win with him.
Do the Mets trade him? For what? When you trade a star, you
almost never get equal value. You usually get a handful of prospects.
Do the Mets ride his stardom out for three more seasons? I
don’t think deGrom will do that.
What makes this interesting that deGrom’s former agent is
the Mets GM. I can assure you in advance that such an idea will go down about as
well as making a backup goalie your GM. But as deGrom’s agent, Brodie Van
Douchery probably had ideas about what his client should earn. Think at least
$30 million. As an employee of the Wilpons, he knows all he can offer is $34
and some subway tokens, maybe a few hot dogs from the walkabout vendors.
If Brodie is a friend to deGrom- and agents should be, because
agents do intake interviews to get to know their clients, the clients families,
the clients needs, et cetera- he will trade deGrom to a winner.
If the Yankees sign Manny Machado, deGrom the the Yankees
for Gleyber Torres plus seems a logical move. Do a Met thing and add Todd
Frazier to the deal to unload salary in the process.
Personally, if I’m the Mets GM I make that deal where
Frasier and Syndergaard go to the Yankees for Torres and their top OF and P prospect,
then you add Gio Gonzalez to fill out the rotation. But I’d have to work for
the Wilpons, and that would mean I’d be forced to take a turn on the mound
every 5th day to reinforce the fact that our payroll is above average,
but not intergalactic. Not even league leading.
So in short, do you sign a 31 year old to a 7 year extension
paying him $200 million, maybe more? No, no you don’t. What you do is trade a
Cy Young award winner for players and prospects. The last time the Mets did
that they got Noah Syndergaard and Travis deArnold. Shockingly, deArnold was
the key to the deal. deGrom is a little younger, so expect a slightly better
haul. A position player, an OF prospect, and a pitching prospect.
If the Mets had a winning mentality, deGrom would be locked
up already. They’d have signed Machado. They would have traded Amed Rosario for
Realmuto. They would have traded Frasier and put Jeff O’Neil at 3rd.
They would have traded Vargas for spare parts and signed Gonzalez. But these
are the Mets. Big league enough to be in New York, small enough in New York to
It’s an embarrassing organization and as I mentioned previously will most likely never produce another hall of famer. Mike Piazza was inducted as being tied to the Mets, but he wasn’t drafted or developed as a Met, which is why he was good. Not since Tom fucking Seaver was a Met a hall of famer. 50 years. One hall of famer. Fuck you, Wilpons.
If I was Jacob deGrom, I’d hope for a trade to a winner. If
not, I’d take my free agent ass to Boston, Chicago, or across the Cross Bronx.
Because the Mets suck, and will continue to suck. 80% of the last decade sub
500 can’t be wrong.
People have dreams. For a LOT of people, the dream they have
is to be a major league athlete. Maybe the Quarterback that leads his team to a
win in the Big Game. Maybe it’s having the ball in the 9th inning to
win the game. Or maybe you want to be the player that is first to hoist Lord
Stanley’s trophy. Or hold that big metal basketball against your head because
you were the next Jordan?
Not me. Nah.
Sure, when I was 13 I wanted to be the starting
centerfielder for the New York Mets. But then I faced major league pitching at
one point and realized it was time for plan B. I thought “maybe a coach?” So I
tried that, and it was fun, but it came with limits. Coaches have short
careers, and can’t manage a roster, so coaching was a fleeting thought.
The next want was General Manager. Anyone who has read the
last near decade of these blogs on various platforms knows that I was 100%
confident that I could do a better job with running the Islanders than Garth
Snow. But who couldn’t?
However, walking from a different career into a GM spot is
something that no team would do. After all, who would hire a guy with no
experience to run an entire organization? They’d be a world class moron for
such. #Wilpons #Wang Another dream deferred.
What about ownership? Now, that’d be something awesome. But
how to finance a sports team? Can you or I buy a sports team? Can we mortgage a
house to buy a team? Can we get a few buddies to join in to cover the
I was quoted in Newsday a few years back (https://www.newsday.com/long-island/liers-scoop-up-tickets-for-325m-powerball-jackpot-1.4257051)
saying that if I hit a big Powerball jackpot that I would absolutely buy the
Islanders and keep them playing in the Nassau Coliseum. That wasn’t a lie. Say
I won and cleared $500 million and used all of the money to purchase the team. Financial
advisors would say I’m stupid. It’s always a bad idea to put your eggs in one
basket. Why would I do such a thing? As a Series 7 license holder, wouldn’t I
want to keep a few bucks for myself instead of put my eggs in one basket?
Wouldn’t I want to diversify? Save for a rainy day? Earn some profits from the
If I bought a pro sports team, I just did.
Owning a major league sports team is akin to having a bank
account with a crazy interest rate. Say I did spend the entire lottery winnings
on a sports team. Would I be afraid of a downturn in value? Would I be afraid
of my $500 million becoming $400 million a year or two later?
Not a fucking chance.
Look at that pig Donald Sterling that owned the LA Clippers. He bought that team for $12 million in 1981. He sold the team for 2 billion dollars. I’m not sure about how many investments earn 1400% in 30 years. Even if interest rates were 10% a year, it would take 140 years to see the same return. Of course you can add the value of the tax breaks, business write offs, annual profits, and you’re looking at the Clippers guy that hangs with gold digging skanks making money all the way during his ownership on top of his $1.988 billion profit. Well beyond $2 billion. So he earned 1800%? And won what exactly?
What about…well, just name the owner that lost money. These
other rich shitbags that buy franchises, make some changes, usually fail, then
sell to make a fantastic profit while simultaneously holding a city hostage for
the new owner to come in and get a sweetheart deal. Oh, does that sound crazy?
Look at the deal New York State gave to the New York
Islanders. There are lots of arenas within 20 miles in state of each other.
There’s an arena in Queens. There’s an arena at Jones Beach. There’s a
remodeled Nassau Coliseum. There’s a Barclays. MSG. So why was New York in such
a need to build a Belmont, where the owners will PAY NO TAXES. NOT A DIME.
Do Long Island homeowners pay taxes? The highest in the
country. Now you know why. We pay for rich assholes.
Do you think that two guys who agreed to a sale price with Charles
Wang- another guy that vastly profited from owning a sports team- suddenly had
to add a third owner because they didn’t have a bigger picture? They kept money
in hand so that they could make a billion dollar investment for a new arena
complex. And to stop paying taxes. And to increase the resale value of the
team. After all, what’s the resale on a team with a Stanley Cup winning coach
in a brand new 19500 seat arena with a hotel and shopping complex next to a
major horse racing site that pays no taxes to anyone? With a Hall of Fame
general manager? You think when Ledecky and Malkin sell the team- and they
will- they’re not seeing a $2 billion return? You don’t think they’ll double
their money? After Wang nearly tripled his? Pfft.
The astronomical returns these owners make are unmatched by
hedge funds, companies that play with options, and other investments. Why?
Because nothing appreciates without such unique circumstances. Cities want a
team. That demand inflates a value from the get go. Cities with no teams will
make plays to take your cities investment. Ask the salty fans in San Diego
about football or heartbroken Hartford fans about how your team can be poached.
Look out Florida Panthers and Carolina Hurricanes! Why? Because another city
will overpay to steal your brand and organization and history.
Just look at the expansion fee paid by the new Seattle NHL team, or the last fee paid by Las Vegas. Vegas dropped $500 million just to exist. That means that every other team in the NHL is worth more than $500 million. Seattle is paying even more. The baseline for owning an NHL organization is just about $700 million. Has any owner paid as much as $700 million dollars to field a team?
Check out the NFL Raiders moving to Las Vegas. Or the Chargers returning to Los Angeles. Or the Vancouver Grizzlies moving to Tennessee. Every time these team moves they became more valuable. BAD TEAMS SOMEHOW BECOME VALUABLE. Does your beat up jalopy gain value after 10 years of depreciation? No, no it doesn’t.
I begrudge none of this profiteering on the surface. It’s American to steal as much of someone else’s money as you can. However, I do have issue with the representation of a very basic concept of capitalism. That idea? You get what you pay for.
Sports teams owners buy and sell teams at amazing profits
with assured regularity. But who really owns a team? What is a balance of
power? What if fans never showed up for a game?
Look at the New York Mets. The Mets are one of the worst run
organizations in all of sports. They play in maybe the biggest market in the
league, own their stadium, have their own basic cable channel, insure large
player contracts to get a financial return on injuries, actually profited (allegedly)
from the Bernie Madoff scandal, and yet spend money organizationally like it’s
the Deer Park Little League.
If I were the Mets GM (see prior dream jobs) my payroll
would be 1 cent less than the amount that triggers the luxury tax. My scouting
staff would number in the hundreds, maybe the thousands. I would poach scouts,
coaches, executives and management from other organizations as a practice, not
a rarity. I would have one rule- everyone I hire has to be smarter than me,
because those guys will make me look good. Garth Snow never got that. Nor do
the Wilpons, who hired an agent to run an organization. An agent that
negotiated half a dozen Mets players contracts. That’s like making the guy that
does your dry cleaning the buyer for Macys.
Back to the Mets. In the past decade they had two playoff
appearances. 20% of the decade was playoff bound. Sounds acceptable? Well, what
about the other 8 years?
Sub 500 winning percentage. 8 losing years. Does a World Series loss and a playoff loss balance out 8 years of being shit? No. It’s just a new place to lose. Losers.
Does Charles Wang’s 12 years of ownership with 3 playoff
appearances and one series win deserve New York state taxpayers to be on the
hook for all of the taxes their new arena will generate for 40 years? Hell no.
And do teams need to be so cost prohibitive that some owners
have teams in multiple sports because regular multimillionaires are priced out
of ownership? The LA Rams are owned by the same guy that owns the Colorado Avalanche.
But how do we fix such a system where demand is inflated and
supply is limited? The same way your company looks at your job. Yay capitalism.
It’s time to fire the dead weight. It’s time to increase the
supply of owners.
Here’s the starting premise. If your team in any major sport
misses the playoffs for 5 consecutive years, you have to sell your team. Why’s
Most sports leagues have greatly expanded the money making
playoffs format, and in doing so have created extra regular season buzz as your
favorite team moves towards making a postseason. That’s all good for a fan
experience. But what about the fan experience for a team that loses a lot?
What’s the consequence for a team that disappoints fans on an annual basis?
What would selling more teams cause? Think about what would
happen if 5 of your neighbors all put their houses up for sale at the same
time. What would happen to the asking prices of their home? What would happen
to the value of your home? Everyone plummets. In some neighborhoods it allows
for social mobility to happen. American dreams, yo.
Now apply this to the sporting world. How many people would be able to buy the New York Knicks? A $4 billion franchise? But say the Knicks HAD to be sold. Suddenly the price drops significantly. Maybe a consortium is able to pull together funds to own a team. A consortium that wants to win, instead of an owner who wants to badly jam on guitar with celebrities as his team again misses the playoffs as the owner refuses to hire a coach with a championship pedigree.
Capitalism promotes this idea. Winners win, losers go bankrupt.
Anyone flying on TWA lately? Driving a De Soto? Eating at Wetsons? So why are sports owners exempt from this
risk? If your product fails, fuck you. NEXT!
So here’s the premise. It’s January 1 2019. An investor
named Mike Oxhurts buys an NBA team. Mike has until the 2024-2025 season to
just make the playoffs. First question- is this a heavy burden?
No. In the NBA half of the league makes the playoffs. Well,
ok, what if his team sucks?
If they suck? They get to draft elite players. They have
ability to add established superstars. If they suck it’s simply the choice of
ownership to do so. To steal from their fans. To lie to the community. There is
no reason for a team taking one of the top 10 best college players two or three
years in a row on a 7 man team with the option to acquire an established player
to not at least appear in the playoffs. Forced sale.
And not on the owners terms. Say a team is worth a billion
dollars. But they missed the playoffs for 5 years in a row, so clearly they’re
overvalued. Your billion dollar company is now a $750,000,000 company. BOO HOO.
That’s how Wall Street works.
In hockey more than half of the league makes the playoffs.
If you can’t make the playoffs in a 5 year span, BOO HOO. Sell. NEXT!
Baseball has a somewhat more selective deal, but with
wildcards 10 teams are playoff bound. Opportunity!
Football’s playoffs format needs a degree in chemistry to
understand, but 12 out of 32 teams show up. In major sports the playoff
participation rate varies between 30-55%. That’s a 42% average. To make it easy
we’ll say half.
Half. Here’s an experiment. Flip a coin. Try to get the
results wrong 5 times in a row. It’s impossible. But to demand winning from a
team? That should be the goal. Why is that goal impossible? Why would owners
want to lose?
That’s an easy punchlist. First off, it’s a long term
investment guaranteed to gain value disproportionally to other investments.
Next is that the chance to cook books to offset gains in other businesses that
these guys own to fatten up their tax returns. After that, you have the
guaranteed bank account of not losing on the investment unlike living with
market volatility. The ability to relocate creates a new financial incentive. Then
there’s what I call the Kool Aid factor.
What’s the Kool Aid factor? It’s something I’ve had to live
with since I was 13. By the age of 13 the local teams I rooted for had won 7
championships and lost 2 more. 13 years, 9 title appearances, 7 wins. Add to it
the local teams I didn’t root for who provided 4 more title appearances and 3
wins. 13 years, 13 title appearances, 9 wins. Fast forward 8 more years, and
local teams added 5 more titles appearances and another championship. So what
is the kool aid factor?
Because of this success, fans got “full” from winning, like the team was a buffet and the fans ate enough. They never asked- why did a franchise that was championship caliber stop seeking and/or providing such? But the fans were somehow satisfied with a “good run” of titles, which in all fairness is hard to sustain, and hard to jump back into after you lose. Or maybe it’s not. We’ll discuss that later.
Instead the conversation became “We can return to glory if
we just believe!” The Philadelphia 76er’s even made this their mantra- trust
the process. The process got assraped in the playoffs last year…BUT THEY MADE
THE PLAYOFFS! That’s an improvement. And the best part- under my plan, the
owner gets 5 more years to sustain improvements.
So I’m sure you’re thinking like I am. You’re saying “Owners
hire league presidents. If they are afraid of losing their team, they’ll fire
league presidents.” No, they won’t.
League presidents add value to franchises. So do you think
in a sport where half a league annually earns a postseason paycheck that
they’re going to fire what works over what doesn’t? You think Jerry Jones
sitting on $3 billion dollars really wants to see his doofy league president
take a hiatus? Well, he does, and 30 owners shouted him down. Everyone not named
But what if some owners in the club would suddenly not be in
the club. What would a league likely do in the face of flailing owners? They’d
expand the playoff format. Owners would
pressure each other to make the NFL regular season one or two games less to add
6 more teams to the playoffs so nobody has to sell. Truth be told, I’d rather
see 14 regular season NFL games and more playoffs just for the excitement, so
that makes my suggestion even more enticing.
And baseball would probably make 4 divisions per league and
4 wildcards, and the wild card with the worst record plays against the team
closest to them in record- think 8 versus 9- to see who is the last to make a
play in. Suddenly you’ve expanded baseballs playoffs from 10 to 18. So if you’re
one of the 14 or 32 that can’t qualify for the vastly expanded post season?
The next issue I can think of- what if there is a strike or
lockout? That season does not count, because it’s not a true season. However,
no league CBA can be under 6 years.
I’m sure you’re saying “Well, what if the new buyers want to
move a team?” Sure, that’s an option and may even be the impetus for a
purchase. So here’s a solution. A Divorce tax. Any man that’s been divorced
knows how the court turns that marriage based on love for both into a viscous
ass raping based on finances created in fantasy land where the man is
impoverished. A housewife has an annual value of WHAT? Amazing nonsense. But it
can set a precedent.
Say the Calgary Flames hold true to their threat of moving
out of the old Saddle Dome. Sure. How many years were you here? OK, so you
claimed how many tax breaks over those 35 years? OK you have to pay half of
that back in a lump sum and the rest in annual payments.
Also, there’s an Alimony tax, the tax on a team’s future
earnings. Which is another bullshit thing courts do – tax a man’s pension
decades after a marriage breaks up. How come they don’t make the person
receiving such suck dick for it, like he was accustomed to in the marriage? So
your new team is making money in Houston? Great, we get a piece for the next
ten years. We need to get back on our feet and save for a new team. And we don’t
even have to such off the old team.
Lastly there should be a relocation fee to season ticket
holders. “Hey loyal fans, sorry we fucked you. Here’s three years of seat fees,
on us to say thanks for the years of your support.” Can you imagine an owner
treating their fans with such dignity and class? Me either.
Won’t owners just shift ownership to a family member or a
shell company? Not if you make rules against families in consecutive
generations passing teams back and forth, and do enough due diligence on a
shell company to make sure it’s not run by an absentee or a bad owner.
Maybe this opens up American sports to foreign investment.
Didn’t Nintendo own the Seattle Mariners? And they were good?
Some people will say that this plays favorites for large
markets at the expense of small markets. But the “small market” 2015 Kansas
City Royals won a World Series. The Tampa Bay Lightning have recently both won
and lost playing for a Stanley Cup. Green Bay may be the smallest professional
market and yet the Packers are multiple time champions. The Cleveland Cavaliers
brought a title to Cleveland for the first time in…before man walked on the
moon. So are the rest of the “small market” guys shitty owners? Do they deserve
to lose a team?
The answers are maybe and maybe. If you look at sports team
champions, there’s usually patterns of teams that are well run and return to
post season in their era of good coaching and management. I would never sleep
on the San Antonio Spurs as long as Greg Popovich is head coach, but they
aren’t winning a title in the next two years. But when Pop retires?
Look at the Yankees in the year change between Joe Girardi
and Arron Boone. Girardi took a team that was expected to be an 80 win team to
a few innings away from a World Series. Boone took a team expected to be in a
World Series and had them get smoked by the eventual champion Boston Red Sox.
When a great coach leaves, there’s almost always a step back. Did the Mets do
better without Davey Johnson? The Cardinals without Tony LaRussa?
Good news Jets fans. When Belichick goes, there will be
intolerable pain in Boston.
And that small market argument is invalid. Large market
teams can eat a dick, too. The Knicks have been awful for a decade plus. The
Flyers stink. The Nationals lose a lot. There are plenty of big market teams
that will get impacted by this. And here comes the best part.
When they do, there will be lower prices and new owners with
a motivation to win. Not old owners with a motivation for fat TV contracts to
larden up their portfolio and eventually create a class system upon the sale of
the team. So folks, root for some core changes, and think bigger picture.
Imagine how much more fun would be if your team was playing for a championship
every game of the season? Until then, you’ll get the same crap you’re presently