John J. Fisher. The son of Gap Inc. Founders. A business man with a net worth of $2.3 billion dollars. The owner of the Oakland Athletics.
You may have heard his name before. He was the same guy that stopped giving minor leaguers their mere $400 weekly stipends during peak COVID. Those players became unpaid employees and couldn't file for unemployment, which resulted in the organization saving one million dollars.
But I digress. This blog is about the financials of the Oakland Athletics, who yet again, never fail to surprise baseball fans.
After a fire sale during the offseason and the deadline, the A's have made their priority straight of eliminating any costs. This isn't Money Ball anymore...
They just released Stephen Piscotty, who has been on the team since 2017. Now, they are set to chop Elvis Anduras. He's making $14 million on the season, which clearly overpriced for Fisher. He also has 386 plate appearances. If he hit 550, he would convert a $15 million team option for 2023 into a player option. A no-brainer move for the 34 year old.
Now, by cutting Piscotty and Anduras, plus trading away Frankie Montas and Lou Trivino to the Yankees at the deadline, the A's have two guys that make seven-figures.
Chad Pinder makes the most money of the group. A whopping $2.725M.
The A's rank dead last in payroll at just shy of $43 million. Their 26-Man payroll is just $14,162,228. To put it in perspective, the highest paid MLB player in 2022 is New York Mets pitcher Max Scherzer, who will earn $43,333,333 as part of a three-year, $130,000,000 deal. His yearly salary is worth more than the entire A's payroll.
And for those who said Kyler made the wrong choice, his $230.5 million extension, says otherwise.
The players deserve better and the fans deserve better.
At this rate, just excel the deal to Vegas, and shake things up. Team officials are already having meetings about a potential ballpark deal on the north strip. The A’s are also still negotiating a deal in Oakland regarding a $12 billion mixed-use stadium project at Howard Terminal. That includes a $1 billion waterfront stadium, but why bother. Nobody cares.
The A's are currently averaging 8,789 people per game, lowest in the majors — and that is paid attendance, not actual humans in seats.
It's one of those things that the A's won't make a splash unless the Fisher sells the team. I think moving them to Vegas will at least help. I mean, look at the Golden Knights?
There is only one duo who can help this team at the rate their at...