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Showing posts with the label economics

Wanted: Better Blue Jays owners

One of the most interesting themes around the Blue Jays lately is the discussion of how their ownership has changed [ Stephen Brunt , The Globe and Mail ] since the death of Ted Rogers . Rogers CEO Nadir Mohamed recently said the company remains committed to the Jays in a conference call, but talked of " bringing costs in line " [ Jeff Blair , The Globe and Mail ]. Those comments, as well as the recent trade of Alex Rios for nothing [ Bob Elliott , Toronto Sun ] and Scott Rolen for prospects , have led to speculation that Rogers may sell the team, as well as plenty of indignation over the team being run like a business. However, that indignation is misplaced in my mind. There's nothing wrong with running a team like a business; after all, a business-driven approach led to Billy Beane 's Moneyball strategy in Oakland. That exact approach is more difficult to execute these days , but the business principles behind it of finding undervalued assets, developing them ...

More notes on Deadspin, Gawker, and Denton

Quite a while ago, I wrote about the commenting purges over at Deadspin and interviewed editor A.J. Daulerio about them. There have plenty of other developments in the sports world and the blogosphere since then, so I haven't returned to the subject; Andy Hutchins has a good breakdown of the new commenting system over at The Arena (and one that sparked a rather interesting response , plus substantial further debate ) if you're interested in that. However, some further material came to light today, which I felt was worth briefly addressing. Hutchins passed on a link to a Mediaite piece on Gawker Media czar Nick Denton 's reinstatement of pageview bonuses to Gawker Media writers and potential willingness to pay for tips or photos, and that piece in turn linked to a fascinating interview with Denton at the Nieman Journalism Lab (a great site, by the way). There's a few tidbits in this one that are worthy of note. Most interesting is an internal memo Denton passe...

The death of Moneyball, as a film and an idea?

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Some interesting news came out this evening. Apparently, Columbia Pictures decided to cancel [ Will Brinson , FanHouse ] the upcoming movie of Michael Lewis ' famed book Moneyball at the last minute, only a few days before shooting was set to start. It's rare to see that kind of cancellation so close to production on any film, but even more unusual when it's a big-ticket film involving the likes of Brad Pitt and director Steven Soderbergh . Apparently, the studio didn't like the direction Soderbergh was taking the project. There's a chance the film could still get picked up by someone else; we'll have to wait and see on that front. This is a somewhat unfortunate move in my mind. Moneyball was a brilliant book, and one that truly revolutionized how many segments of people—from print journalists to television personalities to fans, bloggers, and even team executives—approached baseball. Its influence spread beyond baseball to other leagues, and it dramatically...

The Rise of the Phoenix and the NFL's dominance

So, I've added another site to the long list of places I write for. This one, The Phoenix Pub , is imagined as a sports hangout open to all, full of comedy pieces, analytical pieces and pretty much anything else you can think of. There's already a great cast of writers and editors on board, including Sculptor , the Avoiding the Drop gang and First Derivative of The Red Carders . My initial piece for them is one of the nightly Last Call series (open-thread commenting; you can find the full schedule over there as well), featuring booze, a Big Dirty Band music video and also an analysis of some of the reasons why the NFL has become the dominant professional sports league in North America. Check it out !

What could Setanta's demise mean for soccer?

Things aren't looking too good for Setanta, one of the primary worldwide broadcasters of the English Premier League. According to The Times , the company may go off the air "at any moment" after fellow broadcaster BSkyB declined to provide them with a £50 million [ BBC News ] loan in exchange for access to their live EPL rights. They've also apparently suspended new subscriptions [ Ireland Online , found via Brian Zygo ]. Founders Leonard Ryan and Michael O'Rourke are reportedly trying to find a new source of financing, but that isn't easy these days. This could have profound implications for soccer across the globe. Some of the most drastic effects will likely take place in the Scottish Premier League. Check out this passage from the Times article: "The worst effects of a Setanta collapse, though, would be felt in Scotland. Payments currently due to the individual SPL clubs range in size from £70,000 to nearly £750,000, with the Old Firm obviously ...

NHL to Hamilton conference call, part IV: Muddying the waters

The NHL to Hamilton situation continues to get stranger by the day. Yesterday, a new group came forward with their own plan for a team in Toronto [ The Canadian Press via The Globe and Mail ], which involves a 30,000-seat arena at Downsview Park (with Olympic-sized swimming pool!), a percentage of the profits going to charity and possibly the stupidest name ever proposed for an NHL franchise, the Toronto Legacy. MLS and WNBA clubs laugh at that name. Even the Oklahoma Thunder snicker at that name. Anyway, add them to the list of prospective owners for a GTA franchise. Of course, that list also includes Balsillie and his Hamilton plans as well as the group led by former Leaf Kevin Maguire , who are trying to bring a team to Vaughan . Even more interesting, though, was today's revelation that Toronto Argonauts owners Howard Sokolowski and David Cynamon are apparently interested in buying the Coyotes and leaving them in Phoenix [ Paul Waldie , The Globe and Mail ]. Here's the...

NHL to Hamilton conference call, part III: Does Canada make a difference?

Continuing in the vein of my first and second posts on this week's conference call about the official application to relocate the Phoenix Coyotes to Hamilton, I figured it would be worth taking a look at some of the other aspects of the situation. One element that's particularly interested me is if it makes any difference that the proposed new site would be in Canada, so that's the focus of today's post. Obviously, there are some major differences to be found in operating a professional sports franchise in the United States or in Canada. The biggest one is the currency. One of the main reasons that the Winnipeg Jets (who became the Coyotes) and Quebec Nordiques (who became the Colorado Avalanche) left for the U.S. in the 1990s was thanks to a slump in the Canadian economy and a correlated decline in the Canadian dollar. There were other issues in both cities, including arena capacity and capabilities, corporate support and television cash, but the dollar's weaknes...

NHL to Hamilton conference call, part II: Vagaries of the application

One of the interesting things that came out of yesterday's media conference call on the filing of the official application to move the Phoenix Coyotes to Hamilton was the information about the NHL's application process. The application covers the territory required by NHL By-Law 36.5, and there are some curious inclusions and omissions there. First, the application includes substantial information about the Coyotes' financial picture in Phoenix. Here are four of the key points made in the application, excerpted word-for-word from the media backgrounder I received: "- Since inception the Club has recorded cumulative EBITDA losses in excess of $316 million. - The Club has been unable to generate a significant fan base in Glendale demonstrated by a lack of interest in attending a game live, with the Club ranking 5th in attendance interest in that market behind the NFL, MLB, NBA, and NCAA Football. Historic support is weak, attendance is low, ticket sales continue to dec...

On The Ground: Deadspin editor A.J. Daulerio speaks about the recent comment apocalypse

After I wrote my initial post on the commenting apocalypse over at Deadspin, I got an e-mail from site editor A.J. Daulerio stating that Gawker head honcho Nick Denton wasn't involved. I asked Daulerio to elaborate on the rationale behind the move and his wording that seemed to suggest a Gawker Media management conspiracy, and he just got back to me with his responses. They illuminate much of what has gone on so far, so I recommend reading on for the interview if you're at all interested in the situation. I'll have my own thoughts on his comments at the end. Andrew Bucholtz: "What's the goal behind the process you mentioned [on Sunday]?Reducing the absolute number of commenters and starred commenters, getting rid of certain kinds of lazy comments or jokes, removing people for offensive jokes, or something else completely?" A.J. Daulerio: "The goal of this bloodbath -- we'll call it that, I guess 30 or so people does constitute a bloodbath -- ...

On Nick Denton, Deadspin, and the commenter apocalypse

The big news in the sports blogosphere at the moment is this post from Deadspin editor A.J. Daulerio discussing the upcoming "mass executions and de-starring" of the site's commenters. Daulerio writes, "There is no safety in tenure, personal relationships with editors/writers/commenters past or present, or number of friends/followers you may have. You will all be subject to unfair scrutiny and I have very little say in the matter ." That last part is especially interesting, as it would seem to hint at the involvement of someone over and above Daulerio's pay grade, namely Gawker head honcho Nick Denton . Denton's relationship with Deadspin is an interesting one. Back in November, he wrote an apocalyptic post at his own site about what the economic crisis might mean for the Internet advertising world, where he predicted a 40 per cent decline in companies' spending on online advertising. In that post, he mentioned that focusing on strong properties ...