Last season the Red Sox spent more than $20 million less on their payroll than they did in 2007. With the current economic climate the team does not have the income it had two years ago. NESN viewership is down meaning ad revenue is down. In addition John Henry's hedge fund is hemorrhaging money, so much so that he had to lay off a quarter of his staff. He has entered into other areas like Nascar but money is even tighter there. The Mark Teixeira negotiations may not have been a simp...
Original Story:
http://www.fenwaywest.com/2009-articl...
Original Story:
http://www.fenwaywest.com/2009-articl...
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