Like most every person or business, all thirty MLB teams face tough questions during the time of COVID-19. Some are relatively similar for all ballclubs, but there are obviously quite a few unique issues — some more pressing than others.
Dealing with the implications of this pandemic is probably toughest for organizations that are in the midst of executing or planning major business initiatives. We’ll run down some of those here.
Angels: The team has been cooking up potentially massive plans to develop the area around Angel Stadium. Fortunately, nothing is really in process at the moment, but it stands to reason that the project could end up being reduced in scope and/or delayed.
Athletics: Oof. The A’s have done a ton of work to put a highly ambitious stadium plan in motion. Massive uncertainty of this type can’t help. It isn’t clear just yet how the effort will be impacted, but it seems reasonable to believe the organization is pondering some tough decisions.
Braves: Luckily for the Atlanta-area organization, the team’s new park and most of the surrounding development is already fully operational. But with the added earning capacity from retail operations in a ballpark village comes greater exposure to turmoil.
Cubs: Like the Braves, the Cubs have already done most of the work at and around their park, but were counting on big revenue to pay back what’s owed (and then some). Plus, the Cubbies have a new TV network to bring up to speed.
Diamondbacks: Vegas?! Vancouver?! Probably not, but the Snakes do want to find a new home somewhere in Arizona. That effort is sure to be dented. Plus, the team’s recent initiative to host non-baseball events at Chase Field will now go on hiatus.
Marlins: The new ownership group has had some good vibes going and hoped to convert some of the positivity into a healthy new TV deal. That critical negotiation will now take place in a brutal economic environment.
Mets: So … this is probably not an optimal moment to be selling your sports franchise. The Wilpon family is pressing ahead with an effort to strike a new deal after their prior one broke down (at the worst possible time).
Orioles: That bitter television rights fee dispute that just won’t stop … it’s not going to be easier to find a resolution with less cash coming through the door. It was already setting up to be a rough stretch for the Baltimore org, with past TV money due to the Nationals and more bills to come, even while going through brutally lean years on the playing field.
Rangers: The new park is now built. While taxpayers footed much of the bill, the club still has to pay back a $600MM loan. Suffice to say the Rangers (and municipal authorities) anticipated game day revenues of more than $0 in year one when they planned out the loan repayment method.
Rays: The club’s preferred Ybor City option flamed out and it is currently engaged in a somewhat confusing effort to split time between the Tampa Bay area and Montreal. Existing hurdles to that arrangement seem only to be taller in the age of the coronavirus.
Others: We may be missing some, but it seems most other organizations are engaged more in usual-course sorts of business initiatives rather than franchise-altering efforts. For instance, the Nats have an interest in that TV deal as well. The Red Sox have been working to redevelop areas around Fenway Park. The Blue Jays are dabbling in future plans. And the Dodgers have a new TV rights deal, though that came to fruition after the pandemic hit and may not be impacted any more than any other existing carriage arrangements.