The Oakland Athletics have not paid the $1.2 million annual rent that was due April 1 for their use of the Oakland Coliseum, and the Major League Baseball team has cited COVID-19 as the primary rea…
thehill.com
can't afford the 1.2 million in rent...whoever owns the A's should probably think about selling the team if their finances are that bad
Henry Gardner, the interim head of the Coliseum Authority, said Thursday the A's told him they had "no ability to pay" the annual rent that was due last month, the Mercury News reported.
Yeah, and that is annual rent, not monthly. If they can't come up with $1.2m, how the fuck can they even be an MLB team? Their active payroll for 2020 is $93m, but they can't even pay their $1.2m rent?
The Oakland A's are that guy that buys a $60k car and is 3 months behind on his $400 a month rent.
I heard that on average, it would only take about $1.5m - $2m (non-bonus players) for teams to pay their entire minor league salaries. On top of that, the government would probably pay back a portion of that through the PPP. So, seriously fuck these Billionaires. I hope they can't come to terms and the season gets canceled. The sport needs major reform to get current with the times.
In many areas, not just MLB and not just sports. So many institutions are making poorly thought out, haphazard, probably eventually costly mistakes.
Taking a scythe to your minor league system is like saying to Brittney Spears "You have to stop being nothing more than a female Michael Jackson impersonator because MJ was a creep."
Yankees cutting 45 minor leaguers out of almost 350 isn't remotely the same thing as the A's just not paying their minor leaguers without releasing them to find other jobs or not paying their stadium rent.
A DraftKings bettor who sued the league for $5 million wants a letter written by MLB Commissioner Rob Manfred to be unsealed because it allegedly shows the Yankees' sign stealing went deeper than the league has revealed.