The stock market is in the midst of its worst decline since the Great Depression, but if your...

The stock market is in the midst of its worst decline since the Great Depression, but if your portfolio consisted mostly of Wal-Mart stock, you’d almost be forgiven for thinking otherwise....

So why is Glass willing to raise payroll while other teams are looking to cut costs everywhere? Partly because he can afford to. With the White Sox retrenching, with the Tigers adrift, and with the Indians’ ownership watching their net worth crater – Cablevision stock is down almost 10% today as I write this – Glass may be thinking that a well-timed cash spend this winter might put the Royals into contention much sooner than anyone thinks.

Rany on the Royals: Glass.

over 3 years ago RoyalsRetro 13 comments 0 recs |

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The Royals are recession-proof!

Can I buy my World Series tickets now?

This is just my opinion. I could easily be wrong.

by Scott McKinney on Dec 5, 2008 2:31 PM EST reply actions

too big to fail

by ZeppelinDZ on Dec 5, 2008 3:03 PM EST up reply actions

remember that Warren Buffet was a part owner of the Omaha Royals

the philosophy is built in the minor leagues…

The concept of progress acts as a protective mechanism to shield us from the terrors of the future. - Collected sayings of Muad'Dib

by buddyball on Dec 5, 2008 3:07 PM EST up reply actions

Is Steinbrenner Still

In the shipping business?

I used to be an A's fan until they left town and got good.

by philofthenorth on Dec 5, 2008 4:49 PM EST up reply actions

Import/export?

Relive Royals History at royalsretro.blogspot.com

by RoyalsRetro on Dec 5, 2008 4:53 PM EST up reply actions

No exporting...

Just an importer like Art Vandelay.

by Sweep_the_Leg on Dec 5, 2008 5:24 PM EST up reply actions

he is busy protecting them from pirates

The concept of progress acts as a protective mechanism to shield us from the terrors of the future. - Collected sayings of Muad'Dib

by buddyball on Dec 5, 2008 10:45 PM EST up reply actions

Good news

I wish the Star would have set a little higher standard for information such as payroll and ownership commitment, past and present. Oh, well.

Has Rany discussed this matter w/ front office exec’s or the brass? If so, this is very, very good news. However, spending cash on the right personnel is perhaps more important. For instance, it makes little sense to dump $12MM on Teahen, Crisp, and Jacobs, subtract two excellent relief pitchers, deflate DeJesus’ positional value substantially, and make Teahen, Butler, Shealy, et al less valuable as trade fodder and NOT sign Adam Dunn or Pat Burrell.

I always feel antsy that I’ll read a ‘Royals trade for Juan Pierre’ headline, every day I check RR. Just imagine the circumstances….Royals agree to pay all of Pierre’s salary and then trade DeJesus to Atlanta for a C+ level AA relief pitching prospect. Uggggh.

The Nation at large.

by Royals Nation on Dec 5, 2008 5:09 PM EST reply actions

they could have that standard

but then we’d risk losing contact with Ken Harvey completely

OMG Banny. FWIW I am only crdtng u w/3 runs allwd bc of DDJ OMFG

by Matt Klaassen on Dec 5, 2008 5:13 PM EST up reply actions

Kinda makes you wonder though

in a time when Glass is doing som much better than his counterparts yet he is still keeping his checkbook pretty tight to the vest. Oh well as long as he sticks with the current draft strategy can’t bitch much as a fan.

It takes 46 muscles to frown but only 4 to flip 'em the bird.

by kcscoliny on Dec 6, 2008 1:34 PM EST reply actions

som=so

It takes 46 muscles to frown but only 4 to flip 'em the bird.

by kcscoliny on Dec 6, 2008 1:34 PM EST up reply actions

Agreed; The Willingness

To draft and sign top prospects is more important than signing declining vets to 5 year deals. When the prospects start coming up to the big team, that might be worth doing, but for now I’m happy with the incremental improvement and the occasional signing of a mid-level FA to a short term contract. It would really suck to see the kids come up to a team full of over the hill rich guys who had never put the team over the top.

I used to be an A's fan until they left town and got good.

by philofthenorth on Dec 6, 2008 2:13 PM EST up reply actions

I will repeat what I said earlier: Pro sports owners very rarely invest their own money in the team's payroll

The re-invest revenues. The better owners re-invest more of the revenues and take a smaller proportion as profit. I’m sure the economy is scaring many owners, but not because their personal wealth is down; it’s because they are afraid of what the state of the economy will do to revenues in the near term. So the fact that an owner’s stock portfolio is doing better isn’t going to lead to more spending.

This is just my opinion. I could easily be wrong.

by Scott McKinney on Dec 6, 2008 2:17 PM EST up reply actions