Pirates and the revenue sharing program
The Pirates opened the season with a big win over the Dodgers. That’s the good news. But a quick look at some cold hard facts makes it evident that this ownership group is just not committed to winning.
The Bucs open the season with Major League Baseball’s lowest roster salary. Yes, their paultry $35 million roster is again the lowest in the league. Considering the team received an estimated $35 million in league revenue sharing, there is around $100 mil not being pushed back into the club. Or at least into what is on the field. I understand there are other expenses related to running a baseball franchise. But let’s be serious, Arod and Jeter together make more than $35 million!
Let’s compare the behemoth Yankees. Of course the Bucs cannot pay salaries like that. But the Yanks revenue was estimated at $375 million with an estimated $236 million going to player costs. That amounts to around 63%. The Bucs are estimated to have revenues of about $137 million. That means the Pittsburgh Pirates are spending a miniscule 26% on player salaries!
Wonder why the Bucs cannot play 500 ball much less be a contender.
Related links & Sources:
Fanhouse.com
Forbes – Yankee Finances
Forbes – Pirates Finances
Trib – Pirates Defend Their Use of Revenue Sharing Funds
