Major League Baseball won't increase spending next season for the first time in four years because of the deteriorating economy, the sport's No. 2 official said. ``It's a challenging sponsorship market and advertising market,'' MLB President Bob DuPuy told reporters at the end of the first day of the quarterly owners' meeting in New York . . .Baseball has also started packing its lunch each day, buying Safeway Select items over premium brands, and has canceled its Netflix subscription.
. . . A budget was submitted for club approval that was flat compared with last year, DuPuy said while declining to reveal figures, and the sport has also put a hold on unidentified initiatives. The last time baseball didn't boost spending was in 2003-2004, he said.
Thursday, November 20, 2008
Baseball is hunkering down: