It’s possible that the Miami Marlins and Tampa Bay Rays’ upper management won’t be inviting Randy Levine, president of the New York Yankees, out to dinner anytime soon.
Revenue sharing, which transfers money from higher-earning clubs like the Yankees to lower-earning teams like Miami and Tampa, has been a target of Levine’s criticism of Florida’s two Major League Baseball franchises.
These remarks were made last week at the Invest in Sports conference hosted by Sportico.
“A lot more focus has to be on individual teams to do better and not just rely on revenue sharing,” Levine said, as reported by the Associated Press. Two Florida clubs can’t each draw 15,000 people a game. It’s off limits to you. You won’t find anything like that in an NFL stadium or an NBA arena.
It’s possible that the Miami Marlins and Tampa Bay Rays’ upper management won’t be inviting Randy Levine, president of the New York Yankees, out to dinner anytime soon.
Revenue sharing, which transfers money from higher-earning clubs like the Yankees to lower-earning teams like Miami and Tampa, has been a target of Levine’s criticism of Florida’s two Major League Baseball franchises.
These remarks were made last week at the Invest in Sports conference hosted by Sportico.
“A lot more focus has to be on individual teams to do better and not just rely on revenue sharing,” Levine said, as reported by the Associated Press. Two Florida clubs can’t each draw 15,000 people a game. It’s off limits to you. You won’t find anything like that in an NFL stadium or an NBA arena.
Even though they qualified for the playoffs, the Marlins and Rays were promptly eliminated in the wild-card round.
Both the Miami and Tampa Bay franchises have had trouble attracting supporters, making attendance a contentious issue.
The Marlins drew an average of 14,355 people per game, good for second-worst in baseball, while the Rays averaged 17,781, good for 27th.
Even during the playoffs, when the Texas Rangers eliminated the Rays in two games at Tropicana Field, the team’s low attendance was front and center.
Each MLB team receives an equal share of the league’s 48 percent revenue pool.