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The Cap Sheet

The business behind the game. Salary caps, valuations, media rights, prize money.

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PricingOnly free issuesPublishesTwice weekly
Issues59Founded7 months agoLast Issue4 days ago
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Latest Issues

The Money Was All at the Back

On Tuesday I wrote that LIV Golf’s players sit at the top of its creditor list, and that the amounts filed are far below the contracts that were reported. This is the piece about why that was always a possible ending, and about the thing al...

4 days ago
1

Jon Rahm Is Listed at $7.4 Million

On 8 September, LIV Golf filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the District of New Jersey. The case sits with Judge Michael B. Kaplan in Trenton.

That sentence is worth slowing down on, becaus...

6 days ago
2

The Pool Stops at Game Four

On Tuesday I wrote that baseball’s postseason bonus pool is funded from ticket sales and nothing else. This is the piece about why that is strange, and about the one number that makes it strange.

What the formula counts

To recap in tw...

11 days ago

Baseball Stops Paying Salaries Today

The regular season ended on Sunday. The postseason starts today. And somewhere in between, without anyone announcing it, baseball stopped paying its players a salary.

This is not a figure of speech. Player contracts cover the regular seaso...

13 days ago
2

Twenty-One Million Is the Floor

On Tuesday I wrote about a school suing two former players for buyouts worth $950,000 between them. The obvious question that leaves is where a university finds that kind of money, given that college sports now operates under a salary cap....

18 days ago
1

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  • The Cap Sheet

    The business behind the game. Salary caps, valuations, media rights, prize money.

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