Baseball
Dive into a collection of past posts about finance in baseball.
- The Angels haven't made the playoffs since 2014. They just sold for a record $4 billion.
Stan Kroenke is paying an MLB-record price for a team with the league's longest active playoff drought. The number makes more sense once you stop looking at the roster.
- Women's baseball came back this summer. Its investors are suing each other over the books.
The WPBL raised about $3 million and drew 55,000 fans in its first season. Its largest outside investor now says she can't get a straight answer on where the money went.
- MLB Doesn't Have A Salary Cap. It Has Something That Behaves Like One.
There's no hard limit on what an MLB team can spend, just an escalating tax that starts to bite hard the more you go over it.