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Rays' payroll problem more vexing than most

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07:29 AM ET 10.14 | Simply put, this is nothing new in Tampa. Each offseason is challenging for the Rays, given the requisite turnover and ensuing creativity necessary to field a competitive team on a limited budget. This one looks to be particularly vexing. Money will again be tight, numerous big holes on the roster need to be filled (including first base, closer, DH and at least platoon catcher) and there will be incessant, near-daily speculation about LHP David Price's future, rumored trades, etc. The Rays don't share, nor even set, an official payroll figure for each season, but based on what top team officials said after finishing last in attendance, assume at best it will be around the same $60 million they had in 2013. Figure about $23.6 million is already committed to five players.

Tampa Bay Times

David Price, Icon Sports David Price, Icon Sports
Comment #1 has been removed
October 14, 2013  09:00 AM ET

It looks like the only option for this franchise is to move to another city when their contract is up in St. Pete.- Tampa area.

October 14, 2013  09:21 AM ET

There's nothing new here.

October 14, 2013  09:58 AM ET
QUOTE(#1):

There is no problem......Either spend more $ or keep letting high level guys goIts one thing to save $ in a rebuild....which they did for years.....but they are there NOW and have been the last few years......SPEND MONEY

To what end will they spend? They have no support no matter what they do. Spending money they don't have and will never have will not solve their problems. I think you have a future in the US congress with your attitude on spending money that simply isn't there to be spent.

October 14, 2013  10:18 AM ET

They need to get the hell out of there, and fast. It's not like they were a one year wonder, they have been one of the best teams in baseball for the last 5 years. And still they still can't get anybody to show up and watch them play, sadly they never will.

October 14, 2013  10:28 AM ET

Until they, or any team, opens their books then it is all just reporters making up stuff based on what the teams and MLB tell them. And you know they are not going to tell you the whole story.

October 14, 2013  10:43 AM ET
QUOTE(#4):

To what end will they spend? They have no support no matter what they do. Spending money they don't have and will never have will not solve their problems. I think you have a future in the US congress with your attitude on spending money that simply isn't there to be spent.

There are often more retiree Red Sox fans at games than Rays fans.
Sort of funny, and pathetic.

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October 14, 2013  01:32 PM ET

Tis is the perfect example on why there needs to be a salary cap so that everyone can field a competitive team.

October 14, 2013  05:50 PM ET
QUOTE(#4):

To what end will they spend? They have no support no matter what they do. Spending money they don't have and will never have will not solve their problems. I think you have a future in the US congress with your attitude on spending money that simply isn't there to be spent.

Very well said.

October 14, 2013  06:24 PM ET
QUOTE(#10):

But it does tell the story as new owners wouldn't buy it if it was a bad investment....I mean they are businessmen after all.And if you buy for a dollar, accrue 2 more dollars in debt and sell for 4 you still make $There is plenty of $ in the game....and there is plenty off $ earned that isn't reported or accounted for when the final non keeping comes due.....including free advertising for the owners other business venturesThis is big business

They would lose a ton of money if they decided to spend, spend, spend. It simply doesn't work when there is no market to be won.

Comment #14 has been removed
October 14, 2013  08:21 PM ET
QUOTE(#14):

http://www.forbes.com/teams/tampa-bay-rays/

Revenue is 167 million per year. You can't have a $100 million + payroll. There are other plenty of other expenses. They are also dead last in market value.

October 14, 2013  09:22 PM ET

The Rays need to move to Tampa. Should have happened five years ago. But a $60 million payroll is a utter scam. Revenue sharing of TV money alone will be $54 million per team. The truth is that teams such as the Rays and Rockies, whose owners do not have significant debt from buying the team or a stadium are raking in the cash. Possibly as much as $50-60 million per year. Those two home playoff games for the Rays likely were a $10 million windfall for the owners.

October 14, 2013  09:25 PM ET
QUOTE(#16):

The Rays need to move to Tampa. Should have happened five years ago. But a $60 million payroll is a utter scam. Revenue sharing of TV money alone will be $54 million per team. The truth is that teams such as the Rays and Rockies, whose owners do not have significant debt from buying the team or a stadium are raking in the cash. Possibly as much as $50-60 million per year. Those two home playoff games for the Rays likely were a $10 million windfall for the owners.

The problem with that though is that their Trop lease with the City of St. Petersburg runs until 2027.

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October 15, 2013  08:33 AM ET
QUOTE(#17):

The problem with that though is that their Trop lease with the City of St. Petersburg runs until 2027.

Yep. And the mayor of St Pete won't budge on the lease. Until the team is able to move to a new ballpark (either in Tampa or elsewhere) the team will have the lowest payroll in baseball.

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