• Red Sox React To Teixeira Deal

    Posted by on December 23rd, 2008 · Comments (14)

    Via Buster Olney:

    “From the moment we arrived in Boston in late 2001, we saw it as a monumental challenge,” [Red Sox] team owner John Henry said in an e-mail to The Associated Press. “We sought to reduce the financial gap and succeeded to a degree. Now with a new stadium filled with revenue opportunities, they have leaped away from us again. So we have to be even more careful in deploying our resources.”

    …from the moment we arrived in Boston in late 2001…

    Shouldn’t that be: “From the moment Bud handed us this franchise in late 2001…”

    In any event, don’tcha just love it when the Red Sox try and pretend like they’re the Tampa Bay Rays?

    Comments on Red Sox React To Teixeira Deal

    1. kia
      December 23rd, 2008 | 8:39 pm

      I want to see what the Yankees are going to do when the economy is going to get worst and they are going to be stuck with all these high contracts. People are losing their homes, their jobs. Do you think that they are going to pay thousands of dollars to watch baseball games? This is going to backfire for the Yankees and then who is going to look foolish? Henry or Hal? Post mark my message. In a couple years Henry would look like genious for sticking to his guns and not giving outrageous contracts like the Yankees.

    2. Raf
      December 23rd, 2008 | 8:42 pm

      I suppose this will be yet another opportunity to try to replace Fenway Park.

    3. Raf
      December 23rd, 2008 | 8:44 pm

      Do you think that they are going to pay thousands of dollars to watch baseball games?
      ——
      We’ll find out when the season starts. But I have a feeling getting tickets to the 2009 season may be a bit difficult.

    4. Raf
      December 23rd, 2008 | 8:45 pm

      In any event, don’tcha just love it when the Red Sox try and pretend like they’re the Tampa Bay Rays?
      ————
      I find it amusing, if not disingenuous.

    5. Corey
      December 23rd, 2008 | 8:49 pm

      In a couple years Henry would look like genious for sticking to his guns and not giving outrageous contracts like the Yankees.
      =====
      i highly doubt it. for every person not wanting to get a seat in that new stadium theres 5 behind them waiting to take their place. (you can include myself in one of those 5)

    6. thenewguy
      December 23rd, 2008 | 9:16 pm

      In any event, don’tcha just love it when the Red Sox try and pretend like they’re the Tampa Bay Rays?
      ———————–

      Nothing makes me happier. You know they go to that excuse when they have nothing else to say at all. Why don’t they talk to the Twins, A’s, Royals, or even the Rays and see what its like to be a small market team. I don’t want to hear from Sawx, Mets, or Dodgers fans about “Steinbrenner Money.” (Although, now that the “Wilpon Money” magically disappeared thanks the Madoff, maybe they really are poor.)

    7. thenewguy
      December 23rd, 2008 | 9:21 pm

      In a couple years Henry would look like genious for sticking to his guns and not giving outrageous contracts like the Yankees.
      ————————

      That’s just not true. The Yankees are not only a baseball team, but they are a *highly* successful business that employs many ‘businessmen’ who probably don’t know the first thing about baseball. With YES, revenue sharing, the new stadium, advertising, and all the other complicated business and legal obligations that go into being “The Yankees,” I think it is safe to say they have very intelligent people running these operations.

      And don’t talk about how sub-prime mortgage people are also “intelligent” and still managed to screw everything up. The Yankees aren’t trying to pull a “fast one” on anyone here. If they couldn’t afford the players, they wouldn’t pay for them. Hank and Hal aren’t going to be reckless with their money to the point that it may bankrupt them. Maybe if the financial crisis happened after this offseason, they Yankees would need to worry. But they went through with their off-season plans after the financial crisis hit, knowing full well what their limitations will be moving forward. They weren’t investing money blindly.

    8. kia
      December 23rd, 2008 | 9:22 pm

      What about 2010 or beyond? Its a fact that the economy is going to get worst.Business are closing down.By way. Did the Yankees sold all the luxury suites for 2009?

    9. thenewguy
      December 23rd, 2008 | 9:40 pm

      What about 2010 or beyond? Its a fact that the economy is going to get worst.
      ——————

      And you are not the only person to realize that. I’m sure Brian Cashman, Hank, and Hal, are well aware of the troubles of the economy. Hank and Hal like to win, but I’m sure they like to make sure they don’t go bankrupt even more.

    10. gs
      December 23rd, 2008 | 11:04 pm

      “In any event, don’tcha just love it when the Red Sox try and pretend like they’re the Tampa Bay Rays?”

      Steve, is your reading comprehension that bad or are you being disingenuous? There’s no mention of the rays. It’s a strawman argument.

      Do you think red sox revenue is equal to yankee revenue? It either is, or it isn’t. If you think it’s equal, that the red sox bring in as much money as the yankees, then ok.

      But if not, and with the new stadium, there’s nothing untruthful about Henry’s statement. Which means, from your response, you simply hate the truth.

    11. Tresh Fan
      December 23rd, 2008 | 11:52 pm

      GS, I’m afraid you missed the point entirely here. It isn’t a question of whether the Red Sox have resources equal to the Yankees. No one does. But that doesn’t expunge the fact that the Red Sox are a large market team (like the Angels or Dodgers) and not a small market team (like the Rays). And whenever I hear Henry or one of his minions bellyache over the disparity in revenue it strikes me like, say, Donald Trump claiming that he hasn’t the vast wealth of Bill Gates and must somehow manage like any other middle class small business owner.

    12. kia
      December 23rd, 2008 | 11:57 pm

      Well I for one doesn’t think that Hal and Hank think of the bad economy. They think they are immune to that. I think all these signings show that they are desperate.Good luck selling all these expensive tickets in 2010. Nobody answer my question. Did the Yankees sell all the luxury suites for 2009? At least the Red Sox didn’t request taxpayers money to finish their stadium. I can’t wait to hear about how the mayor inflated the value of the land so the Yankees can get the tax free bonds. It would be very interesting to see what the IRS is going to do about that especially now that the yankees spend over 420 millions in just 3 players.Buckle up your seats people because its going to be an interesting ride. Especially if the Yankees have to pay for the rest of the stadium.

    13. thenewguy
      December 24th, 2008 | 1:52 am

      Nobody answer my question. Did the Yankees sell all the luxury suites for 2009?
      ——————–

      I’m not sure why you think we need to be your encyclopedia because you can simply look this stuff up yourself by typing it into Google (what a surprise, right?) But, since you were too lazy to look it up, I took the liberty of doing so. There are reports from two seperate days. One is on or around Oct. 7th, which says that “Economic Downturn Isn’t Slowing Luxury Box Sales” from the NY Times.

      Another set of articles is around Nov. 11th. From the Post: “SUITE SALES SLOW AT YANKEE STADIUM
      BUT ECONOMY WON’T AFFECT FREE-AGENT TARGETS”

      It goes on to say that 44 of 51 luxury boxes have been sold, the same number that was sold in August. So, no, they are no sold out. But 7 is not a whole lot to sell, and you can see that it didn’t affect the FA signings, both in reports on Nov. 11th and on reports earlier this afternoon.

      I didn’t find anything since Nov. 11th, since I only looked for about 30 seconds (which I’m sure you could have done kia.) But I would be willing the bet the Yankees have sold at least a couple of those suites, and expect to sell them all before the season begins.

      Well I for one doesn’t think that Hal and Hank think of the bad economy.
      ———————-

      I don’t see how you can say that. These two didn’t care about the team 5 years ago, and now you think they are willing to risk their fortune/business/lifestyle/future on winning a few baseball games? You are insane if you think that. They may be willing to lower the margins more than some other owners, but they are not going at this ‘business’ thing blindly.

    14. butchie22
      December 24th, 2008 | 9:12 am

      The Red Sox simply don’t have the revenue streams that the Yankees had and now will have with the new Stadium. Isn’t their revenue officially a lttle over the 200 mill mark? The Yank reve will be something like 800 mill! Look the Red Pox are not Tampa Bay BUT they ain’t the Yankees especially right now. All the happy dicks in Massholia, wanted to keep their so-called “beloved”(actually a wretched, ugly and cramped)park instead of building a new one which would have been an economic boom to the New Evil Empire with less money than the Old One , but they said no. The Red Sox have an entire region,New England ,to themselves( with the exception of pockets of Rhode Island) unlike the Yankees (the old very wealthy Evil Empire) who compete with revenues and the back pages with another team in their own backpage.
      Honestly, the Red Pox can play the whole poor man’s team because the people in New England buy into that fantasy of being the underdog. BUT after this year , the Yankees are on an island by themselves in terms of spending, reaping the ecomonic rewards of their new stadium and making the Red Sox look like a middle market team by comparison!

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