Stuart Sternberg, the Rays' principal owner, announced before the season began that the team's payroll may end up below $60MM in 2011. Seven months later, nothing has changed. Sternberg tells Marc Topkin of the St. Petersburg Times that even if the Rays make a deep run in the postseason, the club's payroll will be significantly reduced next season.
"No question. Nothing can change that,'' Sternberg said. "Unfortunately there's nothing that can happen between now and April that can change that unless Joe Maddon hits the lottery and wants to donate it, or I hit the lottery."
If the Rays were to play in two or three playoff series, the handful of extra home games would earn the team some additional revenue. According to Sternberg though, the Rays still "can't come close" to turning a profit for 2010. With key contributors like Carl Crawford, Rafael Soriano, and Carlos Pena facing free agency, Tampa Bay's roster will likely look very different by Opening Day 2011.