I don’t make U-turns very often. But I have made one in recent days and it’s a major-league about-face.
It concerns Red Sox owner John Henry, whom I’ve always defended amid all the whining that goes on around here. I defended him for two reasons.
First: All I heard in the first 30 years since I moved behind enemy lines was the whining about bad luck as the Sox World Series streak kept growing until it reached 86 years after the cruelest loss of all to the Yanks in 2003; that ended the next year in glorious fashion and was followed by titles in 2007, 2013 and 2018 to give them four in his first 16 years on the job, yet after a short abatement the whining started all over again. So with the knowledge that no other team has won as much as during his time on the job, I’ve always been willing to stand up for him and ask the question, what more do you ingrates want?
The second reason is obvious: John I. Taylor notwithstanding, he is the best owner in franchise history. It’s been a time when they have mostly spent big on payroll and made the wise decision to save/reinvest in their landmark ballpark, all while ending the curse and delivering some of the most exciting moments in franchise history. Not the least of which was climbing out of an 0-3 hole to finally beat the Yanks in 2004.
But, sadly, I’ve come to the conclusion It’s time for Henry to sell the Red Sox.
Here’s why, and I’ll start with the little things.
It Just Feels Old: There is no vitality in the ownership group. It’s a long way from when Henry pulled up at the Sports Hub to defend his team after listening to the endless negativity of Michael Felger and Tony Mazz while tooling around town in his car. Pretty unusual, but I liked the fight.
Not Dealing With the Media: I’m sure team president Sam Kennedy is a fine fellow. But since the owner deigns to speak to the nuisance media once a year he seems like a lap dog when he constantly is answering for the owner. I get it – the media can be obtrusive. But sorry, pal, it’s part of the job and I shouldn’t have to tell that to the guy who owns the Boston Globe. The Nation wants to hear from the boss.
It’s Become Just an Investment: Again I defended him when Fenway Sports Group bought the soccer team. But now there is an auto racing team and the Pittsburgh Penguins along with soccer, and the team seems like just part of the investment portfolio.
The Tampa Bay Way: I have pointed out many times that over the last few years Tampa Bay has won more than the Red Sox while spending millions less. But it wasn’t in support of how they conducted business. It was to show that it’s not what you spend, it’s how you spend it. Like wasting $170 million on Pablo Sandoval and Hanley Ramirez as an overreaction to fan discontent after a last-place finish in 2014. Or losing Jon Lester thanks to a ludicrous lowball offer and then having to spend $8 million per more the next year to bring in the soon to be hated David Price to replace him.
I’m Chaimed Out: I not only hate his stat geek, cookie-cutter, bargain basement vision of baseball, but I also find it insulting that one of the great franchises in sports history is copying the ways of one of the worst franchises in baseball history, one that barely draws 10,000 a game while the Sox had a 10-year sellout streak.
I thought he was going to come in to do what his Tampa Bay boss Andrew Friedman did when he landed in L.A.— clean up the payroll, build a farm system and then when he was done use their big market financial clout to fill out the line-up with big-time players like Mookie Betts and now NL home run leader Kyle Schwarber.
But that has not materialized, as it looks more like his place in Red Sox history will be as the 21st century’s answer to Harry Frazee by giving Raffy Devers and Xander Bogaerts insulting (idiotic) lowball contract offers on top of already dumping Betts.
Which brings me to the point of this diatribe. I was OK with not giving Betts what he wanted based on the risk of giving a 12-year contract. And I’m right about that.
But more deals like that have followed, and with Juan Soto (somehow) turning down a 15-year, $550 million deal last weekend it’s not likely going to go in the other direction. So if you don’t want to play that game it’s time to leave. Plus while the overall record is good, amid constant turnover at GM and manager there appears to be no real plan, which might be why they’ve finished last three times and missed the playoffs seven times since 2010.
Take The Money and Run: The team is now worth $3.9 billion, which is a 459 percent return on the $700 million you bought it for in 2002. For the mathematically challenged that’s $187 million appreciation per year or a $3.2 billion profit before whatever they made in annual profits.
So at the risk of understating the case: You have made your money. How much more do you need?
Bottom Line: While you technically own the team, Patriots owner Bob Kraft gets it right when he says teams are a public trust owned by fans who’ve been here longer than any owner ever was or will be.
So unless you still have the passion and energy to lead, along with the willingness to invest at today’s rate, take your $3.9 billion and ride into the sunset.
Yankees fans would never accept anything less. And neither should the fans who you are asking to pay the highest ticket prices in baseball while letting Chaim Bloom turn the Sox into baseball’s version of TJ Maxx.
Email Dave Long at [email protected].