Catie ⚾️

Cardinals. Taylor Swift. DubNation. Blues.🏳️‍🌈

[Catie ⚾️ @Koerbsy]

View of #690 in section 160. Incredible. Amazing. Jaw dropping. Astonishing. Electric. Jolting. Champion. Legend #stlcards #albertpujols #mlb

[Catie ⚾️ @Koerbsy]

@ScottFriedman3 @StubHub @Brewers @StubHub if this family isn’t in the best seats you have available for game 2 and quite frankly, if the series goes to games 6 & 7, they should have tickets to those games, too. Worthless company.

[Catie ⚾️ @Koerbsy]

@TonyPeric @ScottFriedman3 @StubHub @Brewers How was he supposed to know what to look up if he wasn’t aware of an issue? Monday morning quarterbacking isn’t needed nor telling him what he “should” have done.

[Pop Base @PopBase]

Taylor Swift makes surprise appearance during ‘Law & Order: SVU’ skit about her at the #Emmys.

[Catie ⚾️ @Koerbsy]

@JeffPassan been waiting all week to read your article about the dodgers scam

[Catie ⚾️ @Koerbsy]

@TMASTL cover this soon? So fascinating

[Jake @EconomPic]

How do the Dodgers carry an unlimited payroll?

Filings uncovered by @NickNemo17 show roughly $1.45 billion in debt for American Media Productions, the entity behind SportsNet LA and the Dodgers' 25-year, $8.35 billion Charter deal, sitting on the balance sheets of 5 life insurance companies tied to or controlled by the Dodgers' own ownership group.

i.e. the Dodgers get a sweetheart deal on their TV rights from a media company their owners co-own, financed by insurance companies those same owners control.

Because ownership sits on both sides, as borrower and lender, the setup functions as a closed loop:

-When RSNs hit turbulence, banks enforce covenants or force restructuring. Here the lenders are insurers the owners manage, so the capital stays patient and cash flow to the team never gets choked.
-MLB taxes net local revenue at 34% but allows deductions for debt service and interest tied to running the network. Carrying $1.45 billion in media debt on AMP's balance sheet generates interest expense that shrinks reportable net TV income and the resulting revenue-sharing bill.

Then there's the payroll itself. Over $1 billion of it is deferred, owed to 9 players through 2047. Pushing that cash out frees up money today, some of which is going toward servicing that same debt, and kicks the actual bill to a stretch of decades many of today's owners won't be around for.

LA built a (seemingly illegal) structure that captures its own interest yield, shelters TV income from league revenue sharing, and helps fund payroll dominance in the process.

[Catie ⚾️ @Koerbsy]

This guy has amazing crash outs @tmckernan @TMASTL

[MboneHD @MboneHD]

Worst Cubs Game of the Season.

Get Well Soon Dansby🙏🏻

[Catie ⚾️ @Koerbsy]

I AM IN SHOCK #stlcards Holy Baez

[Alex Guess @alexguess_]

Joshua Baez’s first swing HR right behind his family #STLCards

[Catie ⚾️ @Koerbsy]

🥲

[St. Louis Cardinals @Cardinals]

A message from Lars Nootbaar to Cardinals fans ❤️

[Catie ⚾️ @Koerbsy]

@NoahKahan passenger tonight queen??

[Catie ⚾️ @Koerbsy]

Jordan Freaking Walker

[Catie ⚾️ @Koerbsy]

@2aNomandates @kid_riles This comment is exactly why it’s important 🙄

[Catie ⚾️ @Koerbsy]

Weak

[Matt Lively @mattblively]

Very tense moment between Buster Posey and the press when questioned about the Giants pride hats and their players.

Before this, he began with a statement saying the organization had shared their response on pride night and he wasn't going to revisit. @KPIXtv

[Catie ⚾️ @Koerbsy]

@AreYouReady2Roc @AdamSchottuymz @Cardinals Show your hatred just a liiiiiiiiiiiitle bit more 😘

[Catie ⚾️ @Koerbsy]

@AreYouReady2Roc @AdamSchottuymz @Cardinals So you do support abortions? You literally are oppressing a minority because it’s being celebrated. I’m sure you’re a real peach in life. 😂😂😂😂😂 joke is on you by being bothered by others freedom and love 💋

[Catie ⚾️ @Koerbsy]

@AreYouReady2Roc @AdamSchottuymz @Cardinals Imagine seeing a Juneteenth post and immediately thinking, “This is why we lost 14-6.” Lmao. You sound even more ridiculous. Shitty pitching has nothing to do with not oppressing minorities and celebrating freeing people who were treated like animals.

[Catie ⚾️ @Koerbsy]

@AdamSchottuymz @Cardinals You sound ridiculous

[Catie ⚾️ @Koerbsy]

@barstoolsports They sound so stupid

[Catie ⚾️ @Koerbsy]

@SFAClubBsbl What do you mean by this