December 23rd, 2006, 11:08 PM
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#16 (permalink)
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Member
Join Date: Nov 2006
Posts: 240
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Quote:
Originally Posted by Snowman
The current thinking is that the way to raise the value of a franchise is to cut payroll to the bone so that it will carry as little long term debt as possible. Personally, I think that's a ridiculous idea, as it seems the damage to the revenue stream would be a higher amount than the payroll cuts. Let's use a drastic example; Say they cut the payroll to $30 million. IMO, the combination of fewer ticket sales, fewer concessions sold during games, less total merchandise sales, and so on, would add up to more than the $50 million per annum they'd have saved on payroll.
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I think the guy (Wayne Hizinga or something like that) who originally owned the Marlins did that didn't he? He won the WS then cut as much payroll as he could to unload the team fast.
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