Major League Baseball canceled Opening Day and the first two series of the season Tuesday. In the process, they tacitly laid out a bleak future for the game.
But the conversations over the last few days in Jupiter, Fla. have not focused on figuring out how to best position the game to compete for up-for-grabs, post-pandemic entertainment dollars in the ’20s were not the conversations that have been happening over the last few days in Jupiter, Florida.
In other sports, the salary cap goes up as the sport’s collective revenues grow. We’ll see a spike in the NFL salary cap in 2023. The NBA had a 32 percent bump in one offseason that allowed the Warriors to sign Kevin Durant. Now, these owners will not be selling their teams. No, there’s so much more money to make in this sport, just found on the periphery of the diamond — literally.
It almost seems as if the actual baseball part is a necessary evil for the real goal: using the civic value of teams to procure sweetheart real estate deals.Look at all the construction around Oracle Park these days. Payroll has been going down year after year for the Giants inside the fences, but outside of them, hotels and condos are going up.
We’ve seen this in Wrigleyville and suburban Atlanta, Arlington, Texas, and Washington, D.C. San Francisco and Oakland will hardly be the last places this playbook is used.
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