Levine to Brewers: What have you done with the revenue sharing money we gave you? *Update with revenue sharing data
- Update 4/11/10 with Biz of Baseball data follows the Randy Levine article.
BOSTON -- "New York Yankees president Randy Levine fired an executive-level brushback pitch at Milwaukee Brewers owner Mark Attanasio.
- Levine's message: Stop whining.
Levine believes Attanasio should stop publicly lamenting the Brewers' troubles in signing first baseman Prince Fielder while pointing out how much the Yankees spend on salaries.
"I'm sorry that my friend Mark continues to whine about his running the Brewers," Levine told ESPNNewYork.com in a phone interview Tuesday morning. "We play by all the rules and there doesn't seem to be any complaints when teams such as the
- Brewers receive hundreds of millions of dollars that they get from us in revenue sharing the last few years. Take some of that money that you get from us and use that to sign your players.
"The question that should be asked is: Where has the hundreds of millions of dollars in revenue sharing gone?"...
- Levine made his comments in reaction to an Attanasio quote in a USA Today story about the average salaries of this year's players. Attanasio -- as he has done before -- made sure to mention the discrepancy in how much the Yankees spend on players in comparison to other teams.
"We're struggling to sign [Fielder] and the Yankees infield is making more than our team," Attanasio told the paper....
- In the initial seven years of the luxury tax, the Yankees have paid teams nearly $175 million (***see below for correction) in revenue sharing, according to the BizofBaseball.com. That is 92 percent of the total revenue sharing that has been doled out."
from ESPNNewYork.com by Andrew Marchand, 4/6/10, "Levine calls out Brewers owner"
***
Following from Biz of Baseball corrects ESPN statement about Yankee luxury tax, 4/11/10:
- “In the initial seven years of the Luxury Tax plan the Yankees have paid $175 million in revenue-sharing…
- FALSE – Adding in that “revenue-sharing” part is where matters have gone sideways in the press. As I clarified earlier this week (see MLB's Luxury Tax, Revenue-Sharing, the Yankees and the Randy Levine Story), the Luxury Tax is not part of revenue-sharing.
- $52,650,000 in 2003,
- $26,640,289 in 2002, and
- $76,000,000 in 2005,
- So, in fact, the Yankees, while paying $175 million in Luxury Tax money, have paid considerably more in revenue-sharing, if you consider the growth rate of revenue-sharing each year since 2005.
- … "that’s 92 percent of the total revenue-sharing…”
- FALSE – This is perpetuating the falsehood from the Luxury Tax figures. It is true that the Yankees have paid 92 percent of the total Luxury Tax money, but then that simply says that the Yankees are willing to ignore the system and pay the price by not being fiscally restrictive. The Yankees want to win, and have been willing to pay extra each year (because they can) than other clubs, minus the Red Sox (2004-07), Angels (2004), and Tigers (2008). ...
- We’re not going to go into matters further. But, as you can imagine, when Kuselias continues to use the total Luxury Tax figures as revenue-sharing (for the record, the majority of LT money actually goes to the players in the form of benefits)** the amounts going to each club completely falls apart (as mentioned, see the figures from 2002-03 and 2005 to get an idea of how much flows from haves to have-nots).
- from Biz of Baseball by Maury Brown, 4/11/10, "Correcting the falsehood that MLB's luxury tax is part of revenue sharing"
Labels: Yankee president tells Brewers president to stop whining
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