This article is free for anyone to read, but please consider becoming a Patreon subscriber to allow me to keep writing posts like this one. Sign up to receive articles like this one in your inbox here.
On Thursday, MLB commissioner Rob Manfred addressed the media following the quarterly meeting of the league’s owners. There… well, he said a lot of Manfred things, but none more Manfred than his declaration that owning an MLB team is a worse form of investing than the stock market. I don’t want to tackle how that looks from a Business Point of View, because it’s the kind of lie the wealthy who own sports teams want to be told in order to let them continue to operate in this exclusive, money-printing club with little questioning of where their money comes from, but I do want to discuss why we should consider this a lie in the first place.
I’m not even talking about an in-depth look at whether the numbers provided by the investment banker hired by MLB to tell the league they’re all good boys and girls who have been mistreated by the wicked press and players ring true or not. Just like, look at MLB’s history when it comes to how they talk about money, and how they hide how good the owners actually have it, and extrapolate from there.
Continue reading “Rob Manfred said some unbelievable stuff hoping you’d believe it”