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	<title>The Cardinal Nation blog &#187; Bill DeWitt Jr.</title>
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	<description>Brian Walton&#039;s news and commentary on the St. Louis Cardinals (TM) and their minor league system</description>
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		<title>Breadon outshines Busch and DeWitt as Cardinals owner</title>
		<link>http://thecardinalnationblog.com/2009/12/09/breadon-outshines-busch-and-dewitt-as-cardinals-owner/</link>
		<comments>http://thecardinalnationblog.com/2009/12/09/breadon-outshines-busch-and-dewitt-as-cardinals-owner/#comments</comments>
		<pubDate>Wed, 09 Dec 2009 23:04:59 +0000</pubDate>
		<dc:creator>Brian Walton</dc:creator>
				<category><![CDATA[August Busch]]></category>
		<category><![CDATA[Bill DeWitt Jr.]]></category>
		<category><![CDATA[Cardinals History]]></category>
		<category><![CDATA[Cardinals history]]></category>
		<category><![CDATA[Sam Breadon]]></category>
		<category><![CDATA[St. Louis Cardinals]]></category>

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		<description><![CDATA[Passed over in the Hall of Fame veterans committee vote was the winningest St. Louis Cardinals owner ever, Sam Breadon.]]></description>
			<content:encoded><![CDATA[<p><img class="alignright size-full wp-image-5730" title="Dizzy Dean, Frankie Frisch and Sam Breadon in spring training, 1935 (Getty Images)" src="/wp-content/uploads/2009/12/Dean-Frisch-Breadon-35-getty-200.jpg" alt="Dizzy Dean, Frankie Frisch and Sam Breadon in spring training, 1935 (Getty Images)" />Lost in all the excitement over the Monday announcement of the election of <strong>Whitey Herzog</strong> to Baseball’s Hall of Fame and the outrage of former union chief <strong>Marvin Miller </strong>missing out again was a defeat for the history of the St. Louis Cardinals.</p>
<p>The Veterans Committee for Executives and Pioneers was unable to agree on a single name from their candidate list of ten. In the process, they left behind another most deserving man along with Miller, the late owner of the Cardinals, <strong>Sam Breadon</strong>.</p>
<p>Being named on nine of 12 (75 percent) of the ballots was necessary. Voters were instructed to vote for up to four names.</p>
<p>Here are the results:</p>
<ul>
<li><strong>John Fetzer</strong>, Detroit      (eight votes, 66.7%)</li>
<li><strong>Marvin Miller</strong>, players union (seven votes, 58.3%)</li>
<li><strong>Jacob Ruppert</strong>, Yankees (seven votes, 58.3%)</li>
<li><strong>Ewing Kauffman</strong>, Royals (six votes, 50%)</li>
<li>Fewer than three votes, less      than 25%: <strong>Gene Autry</strong>, Breadon, <strong>Bob Howsam</strong>, <strong>John McHale</strong>, <strong>Gabe Paul</strong> and <strong>Bill White</strong>.</li>
</ul>
<p>Breadon’s showing was especially disappointing since the 12 voters included two with deep Cardinals knowledge &#8211; <strong>Rick Hummel</strong> of the Post-Dispatch and club chairman <strong>Bill DeWitt</strong>.</p>
<p>The other committee members included Hall of Fame players <strong>Robin Roberts</strong> and <strong>Tom Seaver</strong>; former executive <strong>John Harrington</strong> (Red Sox); current executives <strong>Jerry Bell</strong> (Twins), <strong>Bill Giles</strong> (Phillies), <strong>David Glass</strong> (Royals), <strong>Andy MacPhail</strong> (Orioles) and <strong>John Schuerholz</strong> (Braves); and media veterans <strong>Hal McCoy</strong> (Dayton Daily News) and <strong>Phil Pepe</strong> (New York Daily News).</p>
<p>Breadon and others may receive another chance in two years. The two Veterans Committees that vote on managers and umpires as well as executives and pioneers will consider candidates again in 2011 for 2012 induction. The bar is high, with fewer than a dozen owners currently enshrined.</p>
<p>Perhaps it is because I just wrote about <a href="http://thecardinalnationblog.com/2009/12/08/don%E2%80%99t-retire-herzog%E2%80%99s-number-%E2%80%93-a-different-approach/">retired numbers</a> and still disagree over the related decision to honor <strong>Gussie Busch</strong> in that manner, but I decided to make a quick comparison of the owners, Breadon and Busch, along with the current group under DeWitt. They make up the longest-tenured and most dominant of the seven different Cardinals owners in the club’s recognized history starting in 1892.</p>
<p>I recognize that the Hall of Fame is different from retired number recognition, but that backdrop seems an interesting introduction to their respective legacies.</p>
<table style="border-collapse: collapse; height: 79px;" border="0" cellspacing="0" cellpadding="0" width="633">
<col style="width: 41pt;" width="55"></col>
<col style="width: 31pt;" width="41"></col>
<col style="width: 26pt;" span="2" width="35"></col>
<col style="width: 42pt;" width="56"></col>
<col style="width: 60pt;" width="80"></col>
<col style="width: 67pt;" width="89"></col>
<col style="width: 59pt;" width="79"></col>
<col style="width: 34pt;" width="45"></col>
<tbody>
<tr style="height: 12.75pt;" height="17">
<td style="height: 12.75pt; width: 41pt;" width="55" height="17">Owner</td>
<td style="width: 31pt;" width="41">Years</td>
<td style="width: 26pt;" width="35">Won</td>
<td style="width: 26pt;" width="35">Loss</td>
<td style="width: 42pt;" width="56">Win rate</td>
<td style="width: 60pt;" width="80">NL pennants</td>
<td style="width: 67pt;" width="89">NL pennant %</td>
<td style="width: 59pt;" width="79">WS champs</td>
<td style="width: 34pt;" width="45">WS %</td>
</tr>
<tr style="height: 12.75pt;" height="17">
<td style="height: 12.75pt;" height="17">Breadon</td>
<td>31</td>
<td>2657</td>
<td>2061</td>
<td><strong>0.563</strong></td>
<td><strong>9</strong></td>
<td><strong>29.0%</strong></td>
<td><strong>6</strong></td>
<td><strong>19.4%</strong></td>
</tr>
<tr style="height: 12.75pt;" height="17">
<td style="height: 12.75pt;" height="17">Busch</td>
<td>43</td>
<td>3477</td>
<td>3280</td>
<td>0.515</td>
<td>6</td>
<td>14.0%</td>
<td>3</td>
<td>7.0%</td>
</tr>
<tr style="height: 12.75pt;" height="17">
<td style="height: 12.75pt;" height="17">DeWitt</td>
<td>14</td>
<td>1232</td>
<td>1034</td>
<td>0.544</td>
<td>2</td>
<td>14.3%</td>
<td>1</td>
<td>7.1%</td>
</tr>
</tbody>
</table>
<p>(Three losing years are included under Breadon during which he was a minority investor and there was no majority owner. Busch’s years include the six following Augie’s death when the brewery ran the team.)</p>
<p>As the above table indicates, Breadon’s Cardinals teams not only had the highest regular season winning percentage, they also collected the most National League pennants and World Championships. Not only that, but when Breadon’s club made the Series, they won 2/3 of the time as opposed to half the time for the others.</p>
<p>I added percentage columns as an equalizer. Breadon’s clubs took the NL crown twice as frequently as during the other two ownership tenures and the ultimate prize almost three times as often. (For more information about Breadon, check out this article, “<a href="../2009/11/14/breadon-among-deserving-hall-of-fame-candidates/">Breadon among deserving Hall of Fame candidates</a>”.)</p>
<p>As an aside, note the striking post-season similarities between the Busch and DeWitt regimes, though the current owners have a better regular season mark.</p>
<p>Bottom line, Sam Breadon appears to have solid Hall of Fame credentials, and based on results is more deserving of special recognition from the game of baseball than Busch.</p>
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		<title>Cardinals’ financial onion peeled back</title>
		<link>http://thecardinalnationblog.com/2009/03/18/cards-financials-exposed/</link>
		<comments>http://thecardinalnationblog.com/2009/03/18/cards-financials-exposed/#comments</comments>
		<pubDate>Wed, 18 Mar 2009 12:19:09 +0000</pubDate>
		<dc:creator>Brian Walton</dc:creator>
				<category><![CDATA[All-Star Game - 2009]]></category>
		<category><![CDATA[Business of Baseball]]></category>
		<category><![CDATA[Financials/Payroll]]></category>
		<category><![CDATA[All-Star Game]]></category>
		<category><![CDATA[Bill DeWitt Jr.]]></category>
		<category><![CDATA[budget]]></category>
		<category><![CDATA[financials]]></category>
		<category><![CDATA[payroll]]></category>
		<category><![CDATA[St. Louis Cardinals]]></category>
		<category><![CDATA[ticket sales]]></category>

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		<description><![CDATA[St. Louis Cardinals chairman Bill DeWitt Jr. offers up more information on the team’s past and present financial picture.]]></description>
			<content:encoded><![CDATA[<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;"><br />
In a Wednesday <a href="http://www.stltoday.com/stltoday/sports/stories.nsf/cardinals/story/67CC0C94AC1BDD118625757D0012C7BE?OpenDocument">article</a>, creatively entitled “Cards payroll is going down”, the <em>Post-Dispatch</em>’s Joe Strauss describes a discussion with St. Louis Cardinals chairman <strong>Bill DeWitt Jr.</strong> and provides additional supporting detail on the status of the team’s finances apparently not directly sourced from DeWitt himself. </span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;"> </span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;">This is an area of increasing interest to fans, especially given an off-season of reduced spending on players.</span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;"> </span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;">As if they were DeWitt&#8217;s talking points, I have extracted the key bullets from the article without editorial comment in the areas of 2008 and 2009 payroll, roster implications, expense/revenue last year with this year’s forecast along with ticket sales information.</span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;"> </span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;"> </span></p>
<p class="MsoNormal"><strong><span style="font-size: 10pt; font-family: Verdana;">2008 payroll</span></strong></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;"> </span></p>
<ul>
<li><span style="font-size: 10pt; font-family: Verdana;">The 2008 season-opening player payroll total was $101.8 million, but included $26 million paid to players that didn’t contribute materially last season.</span></li>
<li><span style="font-size: 10pt; font-family: Verdana;">(As another reference point, <em><a href="http://content.usatoday.com/sports/baseball/salaries/totalpayroll.aspx?year=2008">USA Today</a></em> ranked the Cardinals at number 11 in MLB at the start of 2008 with an opening player budget of $99.6 million.)</span></li>
<li><span style="font-size: 10pt; font-family: Verdana;">The club reasserts all 2008 in-season trades considered were not made were due to prospects demanded, not because of money limitations.</span></li>
<li><span style="font-size: 10pt; font-family: Verdana;">The 2008 end-of-season payroll was over $110 million.</span></li>
</ul>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;"> </span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;"> </span></p>
<p class="MsoNormal"><strong><span style="font-size: 10pt; font-family: Verdana;">2009 payroll</span></strong></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;"> </span></p>
<ul>
<li><span style="font-size: 10pt; font-family: Verdana;">The team has committed an estimated $93.2 million to the 2009 opening-day roster. (<a href="http://www.stltoday.com/stltoday/sports/stories.nsf/cardinals/story/070C6EEFDCC3EDB28625757D0012C7A8?OpenDocument">link</a> to <em>P-D</em>&#8216;s player-by-player figures behind the total)<br />
</span></li>
<li><span style="font-size: 10pt; font-family: Verdana;">Ownership forecasts the Cardinals will rank among the top 10 or 11 payrolls in MLB. </span></li>
<li><span style="font-size: 10pt; font-family: Verdana;">DeWitt reiterated his commitment “to have a payroll commensurate with revenue”.</span></li>
</ul>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;"> </span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;"> </span></p>
<p class="MsoNormal"><strong><span style="font-size: 10pt; font-family: Verdana;">2009 roster</span></strong></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;"> </span></p>
<ul>
<li><span style="font-size: 10pt; font-family: Verdana;">The two-year/$18 million offer spurned by closer <strong>Brian Fuentes</strong> was heavily backloaded. The expense assumed would probably have driven a salary dump trade of either <strong>Ryan Ludwick</strong> or <strong>Rick Ankiel</strong>.</span></li>
<li><span style="font-size: 10pt; font-family: Verdana;">Despite the uncertainty at second base, after eating the $4 million contract of <strong>Adam Kennedy</strong>, the club could not pursue free agent <strong>Orlando Hudson</strong> for financial reasons.</span></li>
<li><span style="font-size: 10pt; font-family: Verdana;">Yet the recent signing of reliever <strong>Dennys Reyes</strong> is cited as an example of the club&#8217;s financial flexibility.<br />
</span></li>
</ul>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;"> </span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;"> </span></p>
<p class="MsoNormal"><strong><span style="font-size: 10pt; font-family: Verdana;">2008 expense/revenue</span></strong></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;"> </span></p>
<ul>
<li><span style="font-size: 10pt; font-family: Verdana;">Overall revenue in 2008 exceeded $200 million.</span></li>
<li><span style="font-size: 10pt; font-family: Verdana;">Expenses exceeded $150 million.</span></li>
<li><span style="font-size: 10pt; font-family: Verdana;">Operating profit was $23 to $25 million <span style="text-decoration: underline;">prior</span> to servicing $17 million of stadium debt.</span></li>
<li><span style="font-size: 10pt; font-family: Verdana;">DeWitt states that any “excess” money the past few years has been re-invested in the operation.</span></li>
</ul>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;"> </span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;"> </span></p>
<p class="MsoNormal"><strong><span style="font-size: 10pt; font-family: Verdana;">2009 expense/revenue</span></strong></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;"> </span></p>
<ul>
<li><span style="font-size: 10pt; font-family: Verdana;">The club is not assured of a 2009 operating profit beyond its ongoing debt service on the stadium.</span></li>
<li><span style="font-size: 10pt; font-family: Verdana;">The Cardinals are &#8220;very sensitive&#8221; to attendance due to broadcast contracts that are much smaller than large-market clubs.</span></li>
</ul>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;"> </span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;"> </span></p>
<p class="MsoNormal"><strong><span style="font-size: 10pt; font-family: Verdana;">Ticket sales</span></strong></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;"> </span></p>
<ul>
<li><span style="font-size: 10pt; font-family: Verdana;">2.7 million tickets have already been sold for the 2009 season.</span></li>
<li><span style="font-size: 10pt; font-family: Verdana;">The club will not sell 3 million tickets prior to opening day for the first time in the four years since moving into the new ballpark.</span></li>
<li><span style="font-size: 10pt; font-family: Verdana;">The worst-case scenario in which attendance only reaches 2.8 million in 2009 will be exceeded.</span></li>
<li><span style="font-size: 10pt; font-family: Verdana;">Sales are down for all-inclusive and premium-seating areas typically bought by corporations and community groups.</span></li>
<li><span style="font-size: 10pt; font-family: Verdana;">The club is projecting 3 million in attendance (which would be down 14% from the 3.43 million achieved in 2008).</span></li>
</ul>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;"> </span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;"> </span></p>
<p class="MsoNormal"><strong><span style="font-size: 10pt; font-family: Verdana;">All-Star Game impact</span></strong></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;"> </span></p>
<ul>
<li><span style="font-size: 10pt; font-family: Verdana;">The Cardinals will receive no direct revenue from the All-Star week activities.</span></li>
<li><span style="font-size: 10pt; font-family: Verdana;">The 90 percent renewal rate among season-ticket holders to date is expected to grow to 92-93% based on fan interest in All-Star Game tickets.</span></li>
</ul>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;"> </span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;"> </span></p>
<p class="MsoNormal"><img class="alignright" src=" http://thecardinalnation.com/wp-content/uploads/ultimatebaseball/ASG09_logo.jpg" alt="" width="200" height="150" /><span style="font-size: 10pt; font-family: Verdana;">OK, folks. There you have it. The Cliff’s Notes version of the <em>Post-Dispatch</em> article. </span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;"> </span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;">I am going to withhold my comments as I am interested in what you think. Does it make sense? Does the story hold together or is it just a shell game?</span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;"> </span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;">Does it matter what the team makes or spends as long as they are competitive? Should the owners have to disclose their finances in an attempt to maintain/restore the confidence of their fan base? How much profit is fair?</span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;"> </span></p>
<p class="MsoNormal"><span style="font-size: 10pt; font-family: Verdana;">What do you think?</span></p>
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