Given everything that's going on around the Blue Jays right now, this story is going to blow up pretty big.
Rogers CEO Nadir Mohamed (above) and Tony Viner, president of Rogers Media spoke about the Blue Jays on a regular quarterly earnings conference call. They noted (sit down or brace yourself) that the team needed to (remain calm) "bring costs reasonably under control and more in line with revenues."
No really. Stop freaking. (This includes you, Bob McCown.)
We know that doesn't sound good or sit well in the minds of Blue Jays fans, who already think that Rogers is taking the cheap way out by not increasing payroll sufficiently to compete in the AL East. But recognize that the quarterly earnings call is an avenue through which the company assures investors and stockholders that their money would or is being handled in a reasonable and prudent fashion. Frankly, it's almost impossible to conceive of a scenario where the executives would have indicated otherwise, especially given the $15 million golden parachute that was just handed to B.J. Ryan.
And don't forget to notice the part of the quote where Viner indicates that the baseball business is "the one division of the media company this year (where) year over year performance is better than it was."
What Viner's statements about "improving" the team's financial performance probably mean, though, is that the notion floated by Smilin' Paul Beeston that the Jays could spend upwards of $120 million on payroll is dead in the water. The Jays are going to have to make due on $80 to $90 million payrolls, and given the Vernon Wells deal, they'll have to work as hard as teams with $60 million payrolls to maximize their player personnel investments.
That is, unless there is a potential cash cow out there that could be tied to the Blue Jays (like, say, the baseball channel for which Rogers already has a license). Just sayin'.
(H/T to Out of Left Field's Neate Sager and his Twitter feed for the story.)