The lowest price franchises are worth $1.1B and they have a much less favorable home market. The Brewers are valued higher than the Twins despite having a smaller market to draw from. The Cardinals and Mariners are each worth $2.2B which tells you what a well-run mid-market franchise is worth,
Both Arizona and Baltimore won because they turned out a helluva lot of cheap talent in a short period of time. Let's see if they can sustain that or if they'll be rebuilding again shortly.
At a $150M payroll they can afford to keep some of their own talent through the first years of what would be free agency with contract extensions (Kepler, Polanco). At $100M that isn't possible (see Tampa) and at $120M it means they have to be perfect when handing out those extensions.
If it is only a 1 year hiccup then it's even more stupid. No business has to make money every single year. It's common practice for a baseball team to take a short-term loss to try to win a World Series. It shows a nearsighted focus on short term gain at the expense of building durable franchise value.
The Twins have Polanco and Kepler on team friendly contracts and we hear constant rumors about trading them because of budget concerns. They haven't offered a long-term contract to a pitcher other than Pablo Lopez.
There is some hyperbole in my comments but they cannot expect to field a contending team on a $120M payroll unless the farm system is consistently turning out talent - at least 3 major leaguers a year.
Detroit has room in the budget to add at the deadline. I don't see them having a fire sale that gives the Twins the division title like Cleveland did last year.
I don't buy that explanation. What the Dodgers and Yankees do in free agency doesn't change the value equation for the Twins.
Free agent prices are up because MLB revenues are up. The prices at the beginning of free agency are higher than at the end because there are more bidders. It's simple supply and demand.
Unless they continually find 3-5 rookies who can contribute it kind of needs to happen every year. You can't have a contending team with just 3 good players.
I understand dialing back spending when your team isn't good but not when it was just 2 wins away from the ALCS.
It's funny how the Twins are the only small market team that can't seem to afford free agents. It's even funnier still that the Twins aren't a small market team, but instead a mid-market team like Colorado, Detroit, St. Louis and Seattle.
Sounds like I will be visiting the museum a different time and watching the ceremony on TV from my home like most years. I have a trip plan that I'd like to execute eventually that includes Cooperstown, Niagara Falls and the Corning Glass museum.