MLB Commissioner Rob Manfred Prefers Stock Market Investments Over Owning An MLB Team: “Return Would Be Better”

Commissioner Rob Manfred seems to be on a mission. Whether that is to end the lockout or not is anyone’s guess, but a mission nonetheless. In a recent comment covered by the media, he has reportedly stated that the owners of MLB teams would be better off investing in the stock market. That the returns guaranteed by the S&P would be more than what they could stand to make from having a team in the league.

These comments are bound to draw the ire of the players, especially in the middle of strained negotiations. One can hope that the commissioner will be able to sort out the lockout in time for the season to resume and before any games are lost.

Rob Manfred addressed the media on Thursday regarding the ongoing lockout with an update. Reportedly, several points of agreement, such as the universal designated hitter and the lottery, have been discussed. But other discussion points remain to be agreed upon.

Chief among them are the economic considerations that the players have put forward. And Rob Manfred does not seem to be making things easier for the players. With comments about the money that owners would be able to make from elsewhere, Manfred certainly has not eased the negotiations.

Read More: MLB Commissioner Rob Manfred to Finally Address Fans Amidst MLB Lockout

Rob Manfred speaks about owners’ return on investment

Manfred spoke about the earning from the league, specifically with respect to the owners during a media interaction. He stated that the owners in the league would have been better off investing in the stock market than in a team. Especially if they were after a return on their investment.

Reporter Bill Shaikin stated that Manfred went as far as to say that with considerations like purchase price, sale price and cash needed for operations, ownership is even riskier than the stock market.

Manfred’s claims received some flak online from fans when put forth. Fans cited reports and articles from alternate sources to make their case for why ownership was not worse than the stock market.

While the League’s lockout continues; fans are now less and less hopeful for a timely start to spring training. And the more spring training is delayed, the less likely a full season is too. Fans will have their fingers crossed that the two sides are able to figure out their differences with some time still to go. Here’s to hoping we see the player out on the diamond as scheduled.

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