Cubs TV Deal

patg006

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Let's hope he is right and the Cubs deal ends up being more like the Dodgers.

At least if that happened we wouldn't have to hear anymore stupidity about albatross contracts.
 

chibears55

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Let's hope he is right and the Cubs deal ends up being more like the Dodgers.

At least if that happened we wouldn't have to hear anymore stupidity about albatross contracts.


for the next 5 yrs at least, it will be on the low end because they still have their contract with Comcast until after the 2019 season. hopefully as the article points out they are able to work out a deal that will kick in the extra income with whomever they sign with after the 2019 season.
 

patg006

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for the next 5 yrs at least, it will be on the low end because they still have their contract with Comcast until after the 2019 season. hopefully as the article points out they are able to work out a deal that will kick in the extra income with whomever they sign with after the 2019 season.

More revenue is always great as long as it gets used to improve the ballclub, but their current Media deals are still better than most of baseball's and only look bad when compared to deals signed in the last 4-5 years which started this whole new wave.
 

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More revenue is always great as long as it gets used to improve the ballclub, but their current Media deals are still better than most of baseball's and only look bad when compared to deals signed in the last 4-5 years which started this whole new wave.

Even Cleveland is getting at least as much as though... I'd like to see stats on that actually. Think Forbes may have it? I'm thinking that maybe enough teams have signed new deals recently that it is no longer the case.
 

CSF77

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2012 report on fangraphs.

Yanks: 90 mil per year.
Cards: 14 mil per year.
Braves got screwed with the buyout of Turner and the 25 year contract that was in place.

Mets 65 mil per
Red Sox 60 mil per
O's 29 mil per
Nats were in court not sure how that went. Was at 29 mil per

Cubs 50 mil per
 

Jntg4

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2012 report on fangraphs.

Yanks: 90 mil per year.
Cards: 14 mil per year.
Braves got screwed with the buyout of Turner and the 25 year contract that was in place.

Mets 65 mil per
Red Sox 60 mil per
O's 29 mil per
Nats were in court not sure how that went. Was at 29 mil per

Cubs 50 mil per

I thought it had been reported that the Cubs get 30mill per?
 

brett05

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Has the past few years hurt the contract that the Cubs will be getting? I know they are still popular but weren't they probably no worse than #3 in popularity 5 or so years ago behind perhaps the Yankees and the Cardinals?
 

patg006

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I thought it had been reported that the Cubs get 30mill per?

Depends on the report.

Since WGN is a superstation, that revenue technically doesn't count in the 'local media' revenue, which is why many incorrectly cry about the terrible deal the Cubs have.

So if the report was just on local media it may not include the revenue from WGN.
 

czman

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A couple of years ago I read the Cubs were 20th in total TV money. I would guess since nothing has changes significantly with the Cubs they are probably around the same spot.
 

patg006

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A couple of years ago I read the Cubs were 20th in total TV money. I would guess since nothing has changes significantly with the Cubs they are probably around the same spot.

I doubt that was accurate.

There was an article on FanGraphs from Nov of 2012 that listed the Cubs at $50M a season in total TV revenue which was only $10M less than Boston and $15M less than the Mets and more than Philadelphia and Detroit are getting.

So I find it hard to believe that Philadelphia and Detroit would be even lower than 20 in total TV money.
 

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I doubt that was accurate.

There was an article on FanGraphs from Nov of 2012 that listed the Cubs at $50M a season in total TV revenue which was only $10M less than Boston and $15M less than the Mets and more than Philadelphia and Detroit are getting.

So I find it hard to believe that Philadelphia and Detroit would be even lower than 20 in total TV money.

Not sure how accurate that Fangraphs report is though, since the Forbes report on Houston's revenue turned out to be so amazingly wrong. So I'm not sure FanGraphs can be trusted on financial information not available to the general public if even Forbes makes mistakes. May be true, but I'm not sure.
 

patg006

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Not sure how accurate that Fangraphs report is though, since the Forbes report on Houston's revenue turned out to be so amazingly wrong. So I'm not sure FanGraphs can be trusted on financial information not available to the general public if even Forbes makes mistakes. May be true, but I'm not sure.

Actually Forbes says that the Cubs pulled in less than $50M from CSN Chicago and WGN, but I would guess it is awful close to that $50M or they would have said $45M or $40M.

But is that just the rights to the Cubs games or does that also include the 20% ownership the Cubs have of CSN Chicago which could actually put them over the $50M mark?
 

beckdawg

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It frankly doesn't matter what they get out of the WGN portion because it's unlikely they will approach their spending limit until the CSN portion is up too. They have already talked about the fact that they didn't hit this years limit and will likely roll that into next year's FA period. They will also have the rest of Soriano's contract coming off the books. They could make a run at someone like Max Scherzer, James Shields or Masterson to land the pitchers they should want but in the case of Scherzer and Masterson their teams have a realistic shot at bringing them back. They are unlikely to dump money into infielders given that most of their top prospects figure in there. As for OF's there's not a ton of great options there next year. So it's plausible they will have money to roll into the 2016 budget. Its possible they make a run at someone like Heyward or Upton if they hit FA in 2016. David Price, Fister, and Latos could also be intriguing options but the cubs wont be bidding in a vacuum. With the lack of home grown talent on the Yankees right now and given what they've spent they are going to have to continue to spend. And let's be real here in what world are the cubs ever out bidding the yankees?

As such, I can see the guys getting maybe one of the bigger tier guys over the next several offseasons but they are very unlikely to land 2 or even 3 of them which would necessitate the big money tv deal. 2017 FA is way too far away to predict but I honestly see it being more of a case where they will be rolling over money year to year which covers the one "big' signing and I see them using the rest of their money to re-up on their own prospects when they prove they are worth it. And even if you're talking about Castro and Rizzo, by the time 2017 rolls around they are making $9 mil and $7 mil respectively. By 2017, Jackson's $11 mil/season will be off the books. Those 3 plus potentially Shark are the only 4 players making more than $5 mil past 2014. Most of the big names are going to be playing on cheap rookie contracts for the next 4-7 years.

So, even if they resign Shark at some where between $10-15 mil, You've got $33-38 mil tied up in 2015 money. Wood will be in Arbitration 3 by then. So assuming they don't do a deal with him you're looking at another $5-10 mil giving them around $38-42 mil in contracts. If we assume that $105-$110 mil is the budget pre-WGN tv portion that leaves them around $68 mil + whatever more they get in the wgn rights plus whatever they roll in. It seems unlikely that there will be enough good players for them to blow through all of that. Sure they will fill out the roster and spend a lot of the money but it is likely to be guys on 2-3 year deals like Jackson's not 5+ year deals.
 

patg006

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They have already talked about the fact that they didn't hit this years limit and will likely roll that into next year's FA period.

So it's plausible they will have money to roll into the 2016 budget.

LOL!!!!

You really think that the Cubs will ever take money saved from a previous season and use it in future seasons to spend over their budget????

LOL!!!!!!!

That is a good one.

They already have way enough money coming in to be players in the FA market without having to go back and use any of the 'saved' money.

The Cubs are a top 5 revenue team in baseball.

There are 10 teams this season with payrolls of $130M plus, but you want to believe the most their budget is $105-$110M???
 

beckdawg

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You really think that the Cubs will ever take money saved from a previous season and use it in future seasons to spend over their budget????

Considering this is what Theo said will likely happen in 2015, yes. However, as I said I don't think if they have $15 mil or whatever it ends up being left over that next year they will spend limit + $15 mil. As I said before, I think they will likely use any surplus to pay for the player they wanted to get anyways and would end up having more surplus the following year because I don't see the cubs droping $25-30 mil on anyone over the next 2-3 years. I guess it depends on how you look at it because if that is what happens they aren't really using that money. If that indeed happens it would be similar to them just keeping the money and using that as an excuse though they could in theory use it on Soler types or other places such as coaching, facilities...etc or even extensions.

They already have way enough money coming in to be players in the FA market without having to go back and use any of the 'saved' money. The Cubs are a top 5 revenue team in baseball. There are 10 teams this season with payrolls of $130M plus, but you want to believe the most their budget is $105-$110M???

Considering that is the budget they spent the past 2 years, yes I'm assuming that's where they are. Theo has said that the past 2 years they spent to their budget and that was their opening day payroll. Also, I'm not sure what you're complaining about here. I basically said what you're suggesting that the TV money doesn't matter and will have little impact until 2019 likely at the earliest because they aren't going to go out and get 2-3 of the top 10 FAs in a year and if they just go after 1 a year they have plenty of room in budget to make that happen.

Could Theo be lying? Sure but if he had $130 mil payroll why wouldn't he spend to the limit? What does he get out of being frugal? I mean if you want to ***** about the lack of spending surely the target should be Ricketts not the front office because it's the owners who had them cut salary from their $140-150 mil peak. They tried to spend essentially their limit on Tanaka and it didn't work out. They tried to sign Sanchez similarly and it didn't work out. But he was trying to spend his money on players he thought could help long term. I'm not going to get into a debate over whether he should have put out more money for either or whether or not he should have gone after 2nd tier guys like Nelson Cruz. The point is he was trying to spend to the $105-$110 mil range. Right now they sit at $84.5M and if you subtract the $6 mil they gave Hammel and instead insert the $23 mil they would have given Tanaka had he signed you're talking about them having a 2014 opening day payroll of $101.5 mil which leaves them $4-8 mil if they were able to work out a deal to re-sign Shark long term in the 2014 budget. Shark signed a $5.34 mil deal to avoid arbitration so if you add that to $4-8 mil you get $9.5-$13.5 mil which is likely the salary range they were talking about in terms of re-signing him.

Whether or not it's ridiculous that a team in the 3rd largest market in the country should have more than $105-110 mil isn't really relevant because from all the information we have that is what the front office has to spend. If you don't like that fine, but that's again an ownership issue not a front office issue.
 

patg006

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Forbes business of baseball came out today and stated that the Cubs earned $60M in revenue from their TV deal.

So hopefully we can put down the pipe about how horrible the Cubs TV deal or the insane ignorance that the Cubs are like 20th in TV revenue.
 

daddies3angels

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Forbes business of baseball came out today and stated that the Cubs earned $60M in revenue from their TV deal.

So hopefully we can put down the pipe about how horrible the Cubs TV deal or the insane ignorance that the Cubs are like 20th in TV revenue.

Also not counting the 25 mil Team gets from national tv deal. 85 mil per year just from TV deal. Onfield payroll this year is around 72 mil. That seem right to you????
 

beckdawg

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Also not counting the 25 mil Team gets from national tv deal. 85 mil per year just from TV deal. Onfield payroll this year is around 72 mil. That seem right to you????

http://www.bleachernation.com/2014/...d-the-syncing-of-baseball-and-business-plans/

Payroll: $101.9 million
Amateur Spending: $23.12 million*
Scouting and Player Development: About $20 million**
Team Operations/Administration: About $22 million***
Ballpark and Ticket Operations: About $18 million****
Marketing: About $30 million*****
Revenue Sharing: $36.65 million******
Wrigley Field Maintenance and Upkeep: About $12.5 million

TOTAL EXPENSES: About $264.17 million

That doesn't include the $35 mil they have in interest payment from the debt that the leveraged partnership created and their estimated income is around $300 mil.
 

patg006

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http://www.bleachernation.com/2014/...d-the-syncing-of-baseball-and-business-plans/



That doesn't include the $35 mil they have in interest payment from the debt that the leveraged partnership created and their estimated income is around $300 mil.

And those TOTAL EXPENSES you are trying to pass off as a fact follow the statement quoted below.....

a hypothetical set of expenses for the Cubs in 2013 looks something like this:

So how is it that teams with similar revenues, and some that actually have lower revenues, are able to field considerably higher major league payrolls than the Cubs??

Cubs rank 6th in revenue but 20th in payroll.

So to actually make this math work, that would mean that the Cubs spending outside of major league payroll would have to be considerably higher than probably every other team in baseball.
 

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