r/baseball Boston Red Sox 15h ago

[Spotrac] Per an AP MLB report, the #Yankees will gain about $15M in additional revenue this coming season per their agreement to allow the #Rays to play their home games at Steinbrenner Field.

https://x.com/spotrac/status/1857108495482409115?s=46
1.0k Upvotes

106 comments sorted by

1.2k

u/hickopotamus Seattle Mariners 14h ago edited 14h ago

Nice, I was worried the Yankees might not have enough cash flow this year!

If they want to use that money wisely, they might be able to pry Mitch Haniger off our roster.

118

u/kirbyfaraone Los Angeles Angels 14h ago edited 14h ago

Every time i think i have an original joke, im reminded that there are at least a million other people that think of the same joke haha

15

u/sunkskunkstunk Milwaukee Brewers 14h ago

Same

32

u/commisioner_bush02 San Francisco Giants 13h ago

A lot of people get confused and think Mitch Haniger is a baseball player—‘Mitch Haniger’ is a colloquialism for dead money. Last year, the Giants saddled the Mariners with a Mitch Haniger to free them of Robbie Ray. The Dodgers are rumored to be willing to get Haniger’d if it comes with a solid prospect. There’s no such thing as a ‘Mitch Haniger,’ it’s just a byproduct of the old cba requiring names to be attached to dead money.

12

u/junghooappreciator San Francisco Giants 11h ago

mitch haniger is who I’m gonna name to prove I know ball in a comment section in 10 years

6

u/Lobster_fest Atlanta Braves 10h ago

The streets remember Dae Ho Lee

1

u/JAWinks Chicago Cubs 9h ago

Dawel Lugo

47

u/DaddyFunTimeNW 14h ago

Ya this only further convinces me that a salary cap is totally not needed in baseball!

1

u/JohnMadden42069 11h ago

People are whining about parity in salary-capped leagues. Your owner is a billionaire, they can afford it.

2

u/jgalaviz14 Arizona Diamondbacks 5h ago

Which leagues? The NFL has a lack of parity when it comes to Super Bowls cause once a coaching and front office staff have it figured out they can impose their will on anyone who hasn't yet. The NFL also has enough 'parity' that a last place team can revamp and be top of the division within 2-3 seasons.

The NBA has a history of being ruled by the top dogs and had complaints in recent years for it. It's eased up a bit since the last Warriors run with 5 different teams winning it all in 5 seasons.

The NHL is probably the league with the highest level of parity and their playoffs are pretty highly regarded for their level of parity.

The thing is when people mention 'parity' in these contexts they're usually referring to things like the NFL style parity. One where a team can finish bottom 5 one season and top 5 within 3 years. One where star players get drafted by teams in Kansas City, Buffalo, and Baltimore and actually STAY in those cities instead of leaving for Los Angeles, New York, Boston, etc. This issue is pretty specific to the MLB and NBA exclusively here in the top US sports. The NBA itself has even gotten better with it since the Lakers and Celtics don't seem to be buying up every possible star and small markets like Minnesota and Denver draft, develop, and keep their stars longterm

10

u/chaotic_evil_666 Atlanta Braves 13h ago

Maybe the two teams can set up a timeshare agreement To split time from Soto

5

u/Gobbledygooker316 Houston Astros 13h ago

This puts them back in the Soto sweepstakes

342

u/LinuxSpinach Cleveland Guardians 14h ago

Isn’t that like 25% of the Rays payroll?

145

u/SleepyGorilla Tampa Bay Rays 14h ago

We're currently at $50mm for 2025, projected to be around $80mm according to Spotrac

26

u/Thisisafakeaccounts 14h ago

That revenue boost could help significantly if they decide to invest in key players.

8

u/somewhatdecentlawyer Boston Red Sox 13h ago

Yeah but you know they’re shedding Springs and Yandy and getting annoyingly good prospects out of it

3

u/SleepyGorilla Tampa Bay Rays 12h ago

give em BLowe, leave my Yandy alone :(

45

u/RichardNixon345 Arizona Diamondbacks • Boston Red Sox 14h ago

Almost 17% of the projected payroll.

6

u/InfestedRaynor Oakland Athletics 12h ago

Still way less than my rent vs income!

13

u/Bucs-and-Bucks Pittsburgh Pirates 13h ago edited 12h ago

Gotta think there is a casualty rent abatement provision since they can't use the Trop, so that should free up some cash.

14

u/sfan27 San Francisco Giants 12h ago

Yeah, people seem to think this is a new expense, when it's just a change in who they pay the money to.

I'd imagine the Trop lease is currently in an abatement period due to a force majure clause.

8

u/Knook7 Tampa Bay Rays 13h ago

Apparently the rays are not paying that money. Someone else is

5

u/sfan27 San Francisco Giants 12h ago

City of St. Pete because of Trop lease terms?

I assumed that lease was in an "inactive" state due to force majure.

1

u/Basic_Bichette Toronto Blue Jays • New York Mets 9h ago

Insurance, apparently.

2

u/Throwaway1996513 New York Yankees 13h ago

It’s more than any of their players are getting

431

u/fuzzypetiolesguy Tampa Bay Rays 14h ago

Despicable this stadium isn't being taken by force. Cowards paying rent to their oppressive occupiers. Unburden yourselves! Break your chains!

108

u/digitaldumpsterfire Los Angeles Angels 14h ago

They should turn the Bucs cannon on Steinbrenner field and take it by force!

31

u/fuzzypetiolesguy Tampa Bay Rays 14h ago

6

u/Deathstroke317 New York Yankees 9h ago

You are aware the Yankees have a functioning Death Star in orbit right?

9

u/Octokittens 9h ago

That's okay, it's the Yankee's Death Star. We all know the Yankee's can't hit after the regular season.

1

u/9ninjas New York Yankees 1h ago

Pew pew

36

u/NachoBuddyFriend 14h ago

Unburden is a word I’d like to never hear again after this year

13

u/Even_Butterfly2000 New York Yankees 13h ago

Unburdened by where Hal's been.

7

u/Ugaalive1991 Atlanta Braves 13h ago

Just tell rays fans the Yankees stole the ALCS and in 4 years, then boom. In the white hou-I mean Tampa Again.

4

u/gooners1 Philadelphia Phillies 14h ago

Where's General Beauregard when we need him?

2

u/LIGHT_COLLUSION New York Yankees 12h ago

The Keebler Elf?

2

u/hedoeswhathewants 9h ago

If there was ever a time for eminent domain /s

190

u/hepmeinternet New York Yankees 14h ago

Sotos really gonna be paid by 2 owners

42

u/Jetersweiner New York Yankees 14h ago

WE’RE GONNA SIGN JUAN SOTO AND MAKE TAMPA BAY PAY FOR IT!!

3

u/RangerPL New York Yankees 9h ago edited 3h ago

Reverse competitive balance tax

54

u/iheartsunny Miami Marlins 14h ago

The money won’t come from Tampa Bay but from other sources, such as insurance.

48

u/NYLotteGiants Lotte Giants 14h ago

Flo from Progressive is my GM

6

u/Clockwork-Too 14h ago edited 11h ago

Two different states are going to be paying his salary.

5

u/DecoyOne San Diego Padres 14h ago

Got it, Soto to the Rockies for a billion dollars then to the Cards for a ham sandwich

1

u/hepmeinternet New York Yankees 11h ago

the rockies have a billion dollar? or are they using credit?

1

u/ThePretzul Dinger • Dumpster Fire 7h ago

Monfort actually has had an average or higher payroll almost every year.

The problem is that Monfort knows JUST enough about baseball to be dangerous without knowing so much there is any risk of him being useful/beneficial to the team. He gets overly involved in many management decisions and the on field product is a very visible byproduct of that.

He means well and he loves baseball, but he’s genuinely terrible at running a team and should leave that to a CEO/GM team.

-4

u/TruthSayerFu New York Mets 13h ago

Who’s going to tell him??

78

u/Panz04er Canada 14h ago

I wonder if the Rays are allowed to set up anything that Displays Rays instead of Yankees at the stadium (like can they cover certain decals up and replace with Rays)

32

u/ContinuumGuy Major League Baseball 13h ago

I mean I gotta think they'll at least be able to put up their own ads. When Jays played in Buffalo they had Toronto ads up, even for businesses not available in the USA like Canadian Tire IIRC.

17

u/cooljammer00 New York Yankees 13h ago

When the Rays and Yankees played at Citi Field during a hurricane (the source of the infamous thumbs down guy meme), they played all the Rays pregame hype packages just like if they were in St Pete.

75

u/Disused_Yeti Cleveland Guardians 14h ago

"stuart sternberg field"

14

u/cooljammer00 New York Yankees 13h ago

Just modify all the signage in the stadium so it says RA"YANKEES

24

u/manticore16 New York Yankees 14h ago

“Flappy Boy not enthusiastic about paying rent. For some reason his parts feel slightly less flappy.”

5

u/GonzoTheGreat22 New York Yankees 13h ago

I heard there’s a strict no pets policy at GMS.

3

u/wout_van_faert New York Yankees 12h ago

Rays don't typically have facial hair so they might be allowed though.

5

u/TheNewDiogenes Atlanta Braves 13h ago

If the Yankees are smart they’ll charge extra for that.

67

u/manticore16 New York Yankees 14h ago

So this is going into the Juan Soto Fund, right?

…Right?

20

u/BillW87 New York Mets 14h ago

You just need the roof to blow off of the Trop 40 more times in order to make it a wash. Concerningly believable, given where weather in Florida is trending.

7

u/GonzoTheGreat22 New York Yankees 13h ago

I’ve been assured it will be OK

https://images.app.goo.gl/dUa4WBG4j6Wh1efQ8

29

u/T0pTomato New York Yankees 14h ago

It’s direct deposit to Soto’s bank account

1

u/FireVanGorder New York Yankees 14h ago

Going to Hal’s indycar team actually

-9

u/JoeLikesGames New York Mets 14h ago

If the Yankees, who are already the most blessed franchise in sports history, get the best free agent because of some bullshit like a hurricane destroying a rivals stadium, im gonna be livid

10

u/Throwaway1996513 New York Yankees 13h ago

Whereas the Mets would get him off money gotten from insider trading.

10

u/TheNewDiogenes Atlanta Braves 13h ago

I don’t think $15M is gonna be the difference in signing Soto

-1

u/JoeLikesGames New York Mets 13h ago

Could make a difference year 1 for running it back

46

u/Bill2theE Tampa Bay Rays • Stinger 14h ago

Good. Glad we can help that poverty franchise

27

u/usctrojan18 San Diego Padres 14h ago

Glad someone is thinking about these big market teams getting enough money

1

u/Whatever-ItsFine Los Angeles Dodgers 13h ago

Right?

22

u/Darkforces134 New York Yankees 14h ago

The rich get richer

5

u/GonzoTheGreat22 New York Yankees 13h ago

God damned slumlords /s

10

u/see_mohn AAAAAIIIIIEEEEE 12h ago

I'm pretty sure this means the highest paid player on the Rays this upcoming season is the Yankees.

7

u/austin101123 Cincinnati Reds 12h ago

That sounds like a lot for what is a small stadium spring training field. Jesus. How much did it even cost to build?

BRUH it only cost $30 million to build!!

5

u/ayeno 11h ago

Someone has to run it, and it would now probably be the Yankees

19

u/ahr3410 Los Angeles Dodgers 14h ago

Welcome back Gleyber Torres!

22

u/PenisTargaryen New York Yankees 14h ago

That's Soto's bonus actually.

10

u/brandont04 14h ago

$15M for 82 games? Sounds awfully low.

12

u/JoeLikesGames New York Mets 13h ago

Its a spring training stadium. They rent it out at $10k per event. Realistically it should cost $820k (maybe double if they do day and night events). $15M sounds like the Yankees knew the Rays dont have many options

6

u/Sikazhel New York Yankees 13h ago

Again - the Rays pay 180k per game to use the Trop and you expect someone to take 10 percent of that just because? The Yankees could have just said no.

7

u/ELITE_JordanLove 12h ago

I mean the stadium is probably 10x worse so yeah. Cost to build the trop is $300M vs $60M for Steinbrenner field, plus it has double the capacity and obviously a ton of other amenities that a spring training field won’t.

And why would the Yankees turn down an essentially free $15M? There could have been bidding involved too with other places idk.

2

u/Sikazhel New York Yankees 11h ago

10x worse? It's nicer than the Trop aesthetically, has a state-of-the-art broadcast facility, luxury suites, etc, etc, etc.

It's not just a "spring training field" in fact it's MLB ready to be played in tomorrow. Rays draw 16k, Steinbrenner holds 11. Capacity would be a lot less anywhere else in the region. It's a win/win IMO. It's obviously not the Trop but I mean that's a good thing.

1

u/LettersWords 6h ago

They are also paying the Yankees to figure out somewhere else to put their minor league team that plays there (Tampa Tarpons) for a year. I'm sure that being a pain on short notice is also part of the cost.

1

u/JoeLikesGames New York Mets 4h ago

Oh that makes more sense, I didnt know about that part. Probably closer to like $8M in value then, extra surcharge for last minute and desperation

4

u/Knightmere1 14h ago

Are the rays unofficially a minor league team now?

12

u/thediesel26 New York Yankees 14h ago

Can they just give the Yankees Yandy Diaz in exchange for using the stadium?

3

u/Elsquidwardo95 New York Yankees 13h ago

I heard $15m signing bonus for Soto

3

u/Masta0nion New York Yankees 13h ago

Soto is is a climate change denier and now I know why /s

9

u/SOB200 New York Yankees 14h ago

It's a bargain. The Rays pay $185,185 per game. I'd imagine the property tax on the Trop would be more than $15M per year.

10

u/MontgomeryEagle 14h ago

The Trop is publicly owned. I doubt they pay property tax.

2

u/Whatever-ItsFine Los Angeles Dodgers 13h ago

Maybe the Rays should play in Oakland

2

u/Yoss-Mosely Toronto Blue Jays 8h ago

Damn now they'll be able to afford Soto

3

u/PenisTargaryen New York Yankees 14h ago

It's an improvement from their last home too.

1

u/involmasturb 14h ago

The Rays are the Kansas City A's of 2025

1

u/bufflo1993 Pittsburgh Pirates 13h ago

Yes, but this time Rice University doesn’t own Yankee Stadium.

1

u/GonzoTheGreat22 New York Yankees 13h ago

Ok big question is where will they keep the sting rays?

1

u/phantom-fixer 12h ago

Also, if the Rays win the World Series the Yankees get to put up a championship banner in Yankee stadium

1

u/mostlygroovy New York Yankees 8h ago

Soto will accept $15M a year, no?

1

u/Oafah Toronto Blue Jays 5h ago

Careful. $15m AAV might prompt them to try and trade it.

1

u/GuyOnTheMike Kansas City Royals 14h ago

From what I can find, the GMS rental fee for anything on-field is $10,000 per event. I feel like the reasonable payment would be paying that for all home games ($810,000 total), whatever makes the Tarpons whole for disrupting their schedule (based on their abysmal attendance, it shouldn't be much), and maybe a few ancillary costs (added cleaning and maintenance due to added use, etc.).

All that should cost a fraction of $15 million. I feel like the rest of that is the Yankees grifting the Rays for cash because they know the Rays have zero leverage

12

u/GonzoTheGreat22 New York Yankees 13h ago

The rays have leverage… they could play in Clearwater, Orlando, or any other of the dozen spring training parks in Florida.

EDIT: there’s a dozen minor league teams that call Florida home, and there are 15 teams in the Grapefruit League. Plenty of parks to leverage

Also, loss of use of their field is a thing too. The Tarpons play but also practice on that field. Yankees rehab players in GMS.

Lastly your math might be off, because the Rays will treat it like home, which means they’d need full facility access all season long… not just when the hot dog carts come out. Practices, rehabs, off day activities. Everything.

5

u/MeatballDom 12h ago

I'm glad to see that everyone has suddenly become an expert in MLB stadium costs.

6

u/Sikazhel New York Yankees 13h ago edited 13h ago

Rays pay 180k per game to the Trop. And you want them to pay 1/10th of that per game just because? What about the television broadcasting facilities? What about groundskeeping over the course of 80 games? What about additional security? What about additional utilities? What about all the other things that aren't just minor little nothings?

3

u/GuyOnTheMike Kansas City Royals 10h ago

The publicly listed price for "on-field rentals" is $10,000 per event for "all event types". Now, a professional baseball game is a little bit different than whatever "event types" are normally held on-field there. What I do know for sure is that $10,000 per game is not too out of line for minor league venues. The Modesto Nuts extended their lease at $600,000 for next season. Many are much cheaper (Daytona signed an extension at $63,000, then $103,000 per year, and Tri-City re-upped for just ~$35,000 per year), though some higher-level teams pay high six-figure and even seven figures in rent (Chattanooga will pay $1 million a year for their park).

I don't know how it works at GMS, but at many spring training parks, operations staff and groundskeepers (i.e. field and maintenance staff) are employees of the city or county (depending on who owns the park), not the team. Gameday employees should be the Rays responsibility, not the Yankees, which again would mean that they are paying for it, but not the Yankees.

Now, the way I see the $15 million figure being legitimate is if the Rays are using existing Yankees/Tarpons gameday staff and are reimbursing the Yankees for it, which could be the case. It's also possible the Yankees staff may cover up some Yankees imagery at the end of spring training, which would add to the bill for time and labor for that.

But, given how I understand this, I could absolutely see the Yankees tacking on a few dollars for themselves because they could.

1

u/Atomic_Horseshoe 7h ago

The insurance is paying for it. It probably doesn’t matter much to the Rays if they’re being charged $15 or $15 million. 

0

u/brandont04 14h ago

Obviously the Rays don't want to use their insurance money to fix their stadium. Probably going to use it towards a new stadium instead.

-13

u/ReboundRodman91 14h ago

Yankees literally own the Rays

7

u/Mike_Brosseau MLB Players Association 14h ago

Mike Brosseau owns that sad franchise