Originally written on The Giants Cove  |  Last updated 11/19/14
The economics of Major League Baseball ownership has come a long way. Nothing illustrates this better than the recent contract extensions of the Giants' catcher Buster Posey, pitcher Justin Verlander of the Tigers, and Texas Ranger's shortstop Elvis Andrus. Contract extensions on top of existing multi-year contracts in baseball has become a template for ownership. And for one very good reason-- soaring MLB team values and revenues. While extensions will inevitably be cheaper than losing yearly arbitration awards or standing in the free agent line with five other teams bidding on your own star first baseman, many owners had a fear of economic commitment. But now all franchises up and down the team value scale have an even bigger incentive to pay 2013-2015 prices for six, seven, eight or nine year contracts: they actually have the money to do it. Today, thanks to a series of MLB national media megadeals and other revenue generating investments, there are no "small mark...
GET THE YARDBARKER APP:
Ios_download En_app_rgb_wo_45
MORE FROM YARDBARKER

WATCH: Klay Thompson takes knee to head from Ariza

DeSean Jackson skips Redskins OTAs, goes to Cavs game

Texans to be featured on HBO's 'Hard Knocks'

WATCH: Ducks score controversial goal

Report: Ray McDonald arrested for violating restraining order

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Braves, Dodgers complete six-player swap

USA Soccer, CONCACAF losers in FIFA’s ‘World Cup of fraud’

Report: Tom Brady suspension appeal date not set yet

Are the St. Louis Rams setting up Nick Foles for failure?

LeBron: Didn't see Cavs reaching Finals at start of season

Pete Carroll: Communication with Russell Wilson is ‘great’

Lil B takes credit for Harden's terrible game, lifts curse

Riley Curry steals show at postgame news conference

Warriors beat Rockets in Game 5, advance to NBA Finals

Kentucky fan in Louisville has 38-1 sticker on car

Nick Kyrgios talks sex before tourneys, dating female players

Jared Dudley: 'Melo is most overrated player in NBA

Garrick Sherman bashes NCAA in epic drunken Twitter rant

Adrian Peterson denies reports that he wants to be traded

Report: Bulls players told Tom Thibodeau will not be back

Broncos wide receiver Emmanuel Sanders "gets it"

Bucs DE George Johnson is a dog show enthusiast

The 3-point shot has become a divisive metaphor in the NBA

All Sports News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

By clicking "Sign Me Up", you have read and agreed to the Fox Sports Digital Privacy Policy and Terms of Use. You can opt out at any time. For more information, please see our Privacy Policy.
the YARDBARKER app
Get it now!
Ios_download En_app_rgb_wo_45

USA Soccer, CONCACAF losers in FIFA’s ‘World Cup of fraud’

The 3-point shot has become a divisive metaphor in the NBA

Corey Crawford is the weakest link for the Blackhawks

Star player missing OTAs? Keep calm...

Transfer rumors: Drogba, Pirlo and Gomez linked to MLS

Cano's slump: The good news, bad news

Disappointments of the MLB season

UGA wants SEC to ban transfers with misconduct issues

Long's great reaction to Bears releasing McDonald

Crazy stats from the NBA Playoffs

Royals' Guthrie sets records in blowout

Bears cut McDonald after incident

Today's Best Stuff
For Bloggers

Join the Yardbarker Network for more promotion, traffic, and money.

Company Info
Help
What is Yardbarker?

Yardbarker is the largest network of sports blogs and pro athlete blogs on the web. This site is the hub of the Yardbarker Network, where our editors and algorithms curate the best sports content from our network and beyond.