soft hands.

this morning, i read some mild wah wah about payroll disparity and as i wondered where exactly the flow from the pink hats and rsn cards and the monster seats et cetera is going, clicked on buster olney's blog to discover he was thinking about the same thing:

The Red Sox may not spend as much as the Yankees, they may not believe that they should. But consider the incredible sources of income for the team -- perhaps the best local revenue streams of any club, with NESN and tremendous local radio coverage and advertising; the expansion of Fenway Park; the highest seat prices in the majors; the surprising and enormous dollars that every team is getting for the success of MLB.com; dramatically increased concessions, with dozens of additional beer taps in the park to charge big money for the brew. It is apparent that the Red Sox are grossing enormous amounts of money.

The Red Sox have basically held to their budget since they won the World Series in 2004. I don't have access to their books -- the next writer who does will be the first -- but this does beg a question: Where is the additional money going?

George Steinbrenner has rightly been criticized over the years for exorbitant spending, for crazy financial decisions on mediocre players. But he plows a lot of his profit back into the team.

Are the Red Sox doing that?
12:04 PM :: ::
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