Behavioral Economics and the Rise of the Player Opt-Out (via Baseball Prospectus)

“The logic of the opt-out clauses for the club escapes me.” —Commissioner Rob Manfred

Nothing gets the baseball internet writer hot like a newly popularized contract structure. Rob Neyer has weighed in on the potential benefit to team of a player opt-out, and Dave Cameron has weighed in on how these cannot be seen as anything but additional costs. Neyer’s point is that giving a player an opt-out is often preferable to giving a player more money. Cameron’s point is that giving a player an opt-out is less preferable than not giving a player an opt-out. Both points are correct. Like most things, if we change the perspective, then we can look at anything as a positive or a negative. More simply, everything is better than a worse scenario and everything is worse than a better scenario.

So why the need for another article? Because unaddressed remains the most curious question about the player option: Why has it become so popular? Put differently, what benefit does the structure provide for each side as an alternative (in most mega-deals) to just agreeing on more money? … Read More

(via Baseball Prospectus)

MLB fan safety lawsuit update

The latest on Payne v. MLB, about which I previously wrote, is the subject of my most recent post at TechGraphs. The league has moved to dismiss the lawsuit, which seeks increased safety netting at ballparks. Separately, MLB Commissioner Rob Manfred has made public comments on the subject that suggest that changes may be coming next season.

The full post is available here.

Braves Break Ground on Baseball Boondoggle

The Atlanta Braves broke ground this morning on their new Cobb County stadium, which makes today a good day to remember that the whole thing is a shameful crock.

The new field will be known as SunTrust Park. The only things I know about SunTrust are that they provided bad customer service once and now are providing material support to baseball terrorists.

At the unveiling of the brand-new park, the (almost) brand-new MLB commissioner, Rob Manfred took the opportunity to say something nonsensical:

I think what is special about this project is the scope of the project itself. It could geometrically change the economics of this particular franchise and really provide it with a great foundation for being competitive for a very long time.

?

Finally, a reminder that the traditional justification for publicly funded sports stadiums is a sham. SunTrust Park is no exception.