Baseball
Cardinals Gain Clarity on Revenues, Prepare for Pivotal Offseason
2024-11-11
The annual General Manager Meetings may not have ended with the usual flurry of signings or trades for the St. Louis Cardinals, but the team returned from Texas and the posh San Antonio resort in a different position than when they left. The Cardinals have gained clarity on their revenues, setting the stage for a pivotal offseason as they look to reshape their roster and contend in the NL Central.
Navigating a Changing Landscape
The Cardinals have been proactive in trimming salaries and declining options, setting the stage for conversations about high-dollar players who want to stay with the club and have the no-trade power to do so. This comes as the team has gained clarity on their revenues, which will have a significant impact on their offseason strategy.Embracing the Sports Betting Opportunity
The narrow passage of Amendment 2 in Missouri has set the stage for legalized sports betting in the state, which will mean a sportsbook opening near Busch Stadium, likely at Ballpark Village. This new revenue stream will provide the Cardinals with an additional avenue to generate income, potentially offsetting some of the challenges they've faced with their broadcast partner.Renegotiating the Broadcast Deal
The Cardinals have reached an agreement with Diamond Sports Group, the broadcast company speeding toward a pivotal bankruptcy hearing, on a multi-year deal to broadcast Cardinals games and provide a direct-to-consumer streaming option. While the team is taking a 23% "haircut" on the planned payment from their broadcast partner this season, the new deal provides them with more control over their digital rights and the opportunity to explore alternative revenue streams in the future.Balancing the Roster and Budget
The Cardinals have been proactive in trimming salaries and declining options, with the goal of gaining more flexibility in their payroll. Mozeliak has indicated that the team is still looking to make further cuts to their budget, but they have reached a "good place" in terms of their financial situation. The team's focus now shifts to finding the right balance between their young talent and strategic additions to create a contending roster within their budgetary constraints.Developing the Next Generation
The Cardinals' reset includes a focus on giving their young players a significant opportunity to showcase their talents at the major league level. Names like Pallante, Walker, Nootbaar, and a yet-to-be-determined center fielder will be given a chance to prove themselves, with the team hoping to uncover the next wave of impact players to complement their established stars.Parallels to the Brewers' Approach
Several people outside the Cardinals organization have drawn parallels between the team's current situation and the Brewers' position a year ago. The key difference, however, is that the Brewers have been successful in developing impact players, something the Cardinals will need to emulate if they hope to contend within their division.Navigating the Middle Ground
The Cardinals are not embracing a full-fledged rebuild, nor are they going "all-in" on a win-now approach. Instead, they are finding a middle ground, aiming to remain competitive while also investing in their long-term future. This delicate balance will be crucial as they navigate the offseason and beyond.Exploring Trade Opportunities
The Cardinals are not shying away from exploring trade opportunities, particularly with some of their high-dollar players who have no-trade clauses. Nolan Arenado's future with the team remains a topic of discussion, with the Cardinals weighing the potential benefits of a trade against the impact it could have on their competitive outlook.Developing the Catching Depth
The Cardinals' catching depth has become a point of focus, with Jimmy Crooks and Ivan Herrera positioning themselves for potential debuts in the near future. The team will need to carefully manage this position, balancing the development of their young talent with the needs of the major league roster.Preparing for the Winter Meetings
As the Cardinals look ahead, the next significant event on their calendar is the Winter Meetings in December, where they will have the opportunity to further shape their roster and explore potential trades and free agent signings. The team's actions during this period will provide valuable insights into their long-term vision and their commitment to contending in the NL Central.