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Thread: Nutting Says Pirates Are In Good Fiscal Standing

      
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    Default Nutting Says Pirates Are In Good Fiscal Standing

    Bucs owner likes fiscal standing

    By Rob Biertempfel, PITTSBURGH TRIBUNE-REVIEW
    Tuesday, February 22, 2011


    27CDB6E-AE6D-11cf-96B8-444553540000" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=9,0,47,0">

    BRADENTON, Fla. -- Owner Bob Nutting believes the Pirates are better now than they were a year ago and vowed the team's budget will be big enough to make them even better.

    "We're in a great position right now," Nutting said Monday during a stop at spring training. "We are not handcuffed to where we have to make moves we don't want to make or we are unable to make moves we do want to make, purely because of financial reasons."

    Payroll this season for the 40-man roster will be around $45 million, which will be among the lowest in the majors. The figure likely will go up, as many of the younger players, such as Andrew McCutchen and Jose Tabata, approach arbitration and free agency.

    "As the players mature, we certainly believe we need to hold on to and sign some of these core players for a long term," Nutting said. "Those are important steps that will come as we move forward."

    Nutting also said the Pirates, who have the first overall pick in the draft, will not be limited by monetary concerns. Rice third baseman Anthony Rendon, considered by some scouts as the best player available, will be advised by hard-line agent Scott Boras.

    "We certainly will not be in a position where we select based on dollars or signability," Nutting said. "We're going to select for the greatest impact."

    Nutting spoke to the players yesterday for about 15 minutes during a closed-door team meeting.

    "The message this year was a change in level of expectation," Nutting said. "It's critically important that they understand that 2011 is not going to be a year where small bits of incremental progress are adequate. Until we win a National League championship, we're not going to be satisfied with incremental progress."

    Nutting made it clear last year's 57-105 record was unacceptable but did not quantify what progress means for this year.

    "Whether it's (winning) five more games or 20 more games, I don't think a number is critical," he said. "What's important is we have a clear goal and we remain focused (on it)."

    The rewards for making progress are obvious: longer contracts, bigger salaries and such. But Nutting did not specify what the ramifications will be -- for the front office as well as the players and coaches -- if progress is not made.

    "It's not the right time to start speculating on 'what if we fail,'" Nutting said. "I saw the story about (general manager Neal Huntington's) contract terms. That's not productive. That's not the right use of energy. That's not the right place for us to focus as an organization."

    Huntington's contract expires after this season and no extension has been offered. Saturday, team president Frank Coonelly said Huntington's status will be evaluated during the year.

    http://www.pittsburghlive.com/x/pitt.../s_723986.html
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    Default Re: Nutting Says Pirates Are In Good Fiscal Standing

    I'm still questioning why I posted that. It's like smacking myself in the face

    Basically he explains more of his "expectations" which as was said, was really about nothing. just general PR talk, pep stuff.

    I was sort of surprised to see payroll up to $45 million
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    Default Re: Nutting Says Pirates Are In Good Fiscal Standing

    some of the same, but more of the transcript from Jen Langosch...

    Nutting: "I'm extremely enthusiastic about 2011"
    Jenifer Langosch/MLB.com

    Shortly after addressing the team in a brief morning meeting, Pirates owner Bob Nutting addressed members of the media. Here is some of what he said:

    On the message he gave to the team: "The real message this year was that there is a change in level of expectations. It's critically important that they understand, and we all understand, that 2011 is not going to be a year where small bits of incremental progress are adequate. I reminded them that the goal of the organization has been, since the day I got started, to build an organization that can compete and win a championship. Until we can win a National League Championship, we're not going to be satisfied with incremental progress. It's critically important that they understand that up front, that they understand I have faith in them. The level of expectation is very high."

    On what will determine success: "As an organization, I think we need to commit to winning a championship. There may be steps to get there. But until we get there, we can't say that we have achieved our goal. I don't think a number is important. What is important is that we have a clear goal at the end of the day and that we keep our eye focused on that process."

    On what is different this season: "Bringing Clint Hurdle in is going to have, I believe, a measurable impact as we're looking at energy level and enthusiasm. He is a guy who has been there, who has done it and will demonstrate the on-field leadership that we need to see to have an exceptional season in 2011 in Pittsburgh."

    On initial observations from Spring Training: "There is no question that what you do see is a commitment to each other and the energy and enthusiasm and the belief that Clint and the rest of the team ... combining to give every opportunity to these kids not only to perform up to their level, which we arguably did not do last year, but to exceed an achieve something great."

    On who is accountable if there is no progress: "Today is the first day that I have addressed the group. It's not the right time to start speculating on, 'What if we fail?' What we need to do is be focused on what the goal is, what the target is and be committed to achieve it. I think it's too early to start speculating. That's not productive. That's not the right use of energy. That's not the right place for us to focus as an organization."

    On whether this is a better team than was here last year: "I believe it is. I believe you have supplements to the team -- you see that in the pitching staff, first base, right field. You also see a year of maturation. The leadership still has a great opportunity to mold and to inspire that team to everything it can possibly achieve this year."

    On whether there is room to add to payroll: "We're in a great position right now as an organization so that we're not handcuffed to make moves that we don't want to make or are unable to make moves that we do want to make purely from financial reasons. We're able to drive that from baseball reasons. Our current payroll is more a reflection of the players we have than a reflection of a limitation that is put on [GM Neal Huntington]. Having a certain amount of flexibility is important, whether it's this year or next year. As the players mature, we do believe that we need to hold on to and sign some of these core players for the long-term. Those are important steps that will come as we move forward."

    On how much he considers public perception of the organization:
    "I absolutely listen to it. It makes a huge difference and I have a tremendous amount of respect for and appreciation for the fans. That's the reason the franchise exists. That's one of the reasons why Pittsburgh is such a tremendous sports town. I think we owe our fans every opportunity to listen. It is always a part of the decision process and a part of my mindset. At the same time, we also have to be able to make tough moves and certainly we've seen that over the past couple of years. [Those] are always with the goal of long-term putting a better team on the field in Pittsburgh, which is what I believe is what the fans want, need and deserve."

    [READ MORE...]
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    Default Re: Nutting Says Pirates Are In Good Fiscal Standing

    I think if you read between the lines, what he is saying is, his goal since he took ownership is to win a championship and with the work put into the system foundation itself, the focus is starting to shift to the Major League side of things now that talent is starting to arrive.
    With Alvarez, McCutchen, Tabata and Walker already up and others getting closer, its time for the Pirates to start playing like they are capable of competing for a playoff spot.
    The focus would then be on player development at the same time, because the talent that has been brought in through the draft has been better than average. If that talent isn't developing, then that aspect has to be looked at as well.
    If it the top tier talent does come through and play well, then there is money to add and retain players and the effort will be made to do so. I believe that management wants to win as much as we want them to win, it's all part of the process.
    Last edited by Steelreign; Feb-22-2011 at 10:51 PM.
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    Default Re: Nutting Says Pirates Are In Good Fiscal Standing

    A slight contrarian view but not on baseball issues (want to save myself a trashing/thrashing!).

    When a man in charge of a financial operation, which supposedly is operating at the margin, says he's happy and confident (again, not about baseball matters, perse), that's a man who is making money with his operation.

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    Default Re: Nutting Says Pirates Are In Good Fiscal Standing

    Quote Originally Posted by DCBILL View Post
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    A slight contrarian view but not on baseball issues (want to save myself a trashing/thrashing!).

    When a man in charge of a financial operation, which supposedly is operating at the margin, says he's happy and confident (again, not about baseball matters, perse), that's a man who is making money with his operation.
    Oh... I don't know about that.

    We heard for years from the Pittsburgh Penguins something about fiscal and finanical concerns DESPITE having a billionaire owner in Ron Burkle and DESPITE having some of the lowest payrolls in the league post Lockout, with a cap and with a Billionaire owner.

    When the arena was built, when sellouts began to occur, you heard statements echo about being happy about the fiscal and financial position they are in.

    Any and every owner should be happy to be in a good financial position with the team. If not, then you are at risk of high debt levels which MLB can force a team into make decision to bring the debt ratio down (which is what happened with the Pirates and Aram).

    It's already been proven in articles that bob Nutting isn't walking away with any money. Nothing from the PBC is going into his newspapers or Seven Springs. Just like extra Penguins revenues aren't going into Ron Burkle's supermarkets or extra revenues going towards the Rooney's racertracks.

    Personally I want to hear that we are in good fiscal footing. That's great news. We should be embracing it. It means that when the time comes to increase payroll a bit and get guys like Andrew McCutchen signed long term, we can do it without a pause. to increase payroll past a $55-60 million ceiling, Gates are going to have to increase and so will tickets to be able to compete with teams like Milwaukee for instance who are pulling in double what we are in gates and concessions and most likely merchandise and defenitely parking. However, right now, we are at the point where we won't be going backwards or have any financial worries. Loans and debt of any large amounts to pay off/be concerned about.

    That's great news
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