Friday, August 27, 2010

(Pittsburgh) Pirates Make Millions

Who said piracy is dead? According to documents leaked to deadspin.com, the Pittsburgh Pirates baseball franchise made over $30 million last year. For years, the team's management has pleaded poverty, traded any player who would command a marginally high salary, and showed no commitment to improve its team.

Some of the Pirates' loot comes from revenue sharing, a scheme in which prosperous franchises such as the New York Yankees and Boston Red Sox give small market teams some money. The notion is that the funds would be used to improve the small fries' talent pool and thus add more equitable competition to major league baseball.

The Pirate organization chose to keep the money, and essentially stiff its team's fans and sponsors. Major League Baseball is fighting furiously to shut the deadspin.com leak. However, this leak has as much life as BP's leak in the Gulf of Mexico. And for greedy baseball team owners, the financial documentation leak demonstrates their view of credibility parallels BP's perspective on the subject.

This leads me to the conclusion that Pittsburgh's team might be the most aptly named sports franchise in America.

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