Does Economic Slump Mean a Baseball Slump?

Shanan H.Analyst IMarch 23, 2009

NEW YORK - OCTOBER 16:  Workers lay sod at the new Yankee Stadium on October 16, 2008 in the Bronx borough of New York City.  (Photo by Mike Ehrmann/Getty Images)

The Yankees will be inaugurating a new stadium this year, but will they have sell-out crowds?

The official economic recession we are in could mean fewer ticket sales in baseball. 

Ticket sales are one of the biggest revenue-providers in baseball, so if ticket sales slow, some teams may have issues with payroll.

I believe that there are three things that baseball officials should do. They may not need to do all of them.

First, there should be a cap on the amount of money a player can make in a year. This would make it so that teams don't overspend, and may allow teams like the Rays, Twins, and Rookies, thought of as small market teams, to do well.

Second, baseball games may have to have longer commercial breaks to allow for more commercial air time. Yes, this will mean people get upset, and axes will go flying through television sets when they see that stupid Pizza Hut commercial for the fourth time this break; however, it will make more money for MLB. Also, with more TVs being destroyed by frustrated fans, the TV industry may see a boost, too!

Third, baseball can lower ticket prices. This will attract more people to buy tickets, and the seats fill up. This will make Pro-Player Stadium look better, and give teams a higher amount of one of their main revenues.

We'll see if baseball even needs to take this step in '09 during the season, but watch out, your commercial break may be getting longer!