The Kansas City Royals surprised the baseball community this week with the signing of star infielder Bobby Witt Jr. to a long-term contract. Witt’s agreement spans over 11 years, guaranteeing him $288.8 million, with the potential to reach up to $377 million if the Royals exercise their three-year, $89 million club option after the 2034 season. While such a financial commitment wouldn’t be surprising from big-market teams like the Yankees, Dodgers, or Giants, it is a remarkable move for the small-market Royals. Nonetheless, Witt’s exceptional performance on the field undoubtedly justifies the investment.
In the 2023 season, Witt showcased his talent with an impressive 5.7 WAR, boasting a batting line of .276/.319/.495, along with 30 home runs and 49 stolen bases. What’s even more remarkable is that he won’t even turn 24 until midway through the 2024 season. With his elite defensive skills at a premium position, Witt is precisely the kind of player that MLB teams, including lower-revenue organizations like the Royals, want to invest in.
However, this raises the question of why other small-market teams, such as the Milwaukee Brewers, aren’t making similar financial commitments. While the Royals will only pay Witt $2.7 million in the upcoming season, the average annual value of the deal pushes their luxury tax payroll to $161 million, with an estimated $115 million in salaries. This is a significant investment for a team playing in one of the league’s smallest markets, especially considering their aging stadium, which the ownership is eager to replace.
On the other hand, the Milwaukee Brewers, who have already secured funding for stadium improvements, recently traded one of their most important players for a considerably lower value because of his high salary. In contrast, the Baltimore Orioles, under new management, made a bold move by acquiring the player and showing a willingness to make significant financial investments for a better chance at winning. This stark contrast in spending habits among small-market teams raises concerns about the sustainability of such a model for fans.
For fans, the baseball season demands a substantial commitment of time and energy. The three-hour games spread out over 162 nights within a six-month period can be grueling. Fans invest their time watching games, following updates on apps, and reading news to stay connected. This is why owners like the late Peter Seidler of the San Diego Padres recognized the value of investing in star players.
The Padres, after years of mediocrity, became a must-watch team in 2022 and 2023 due to significant financial investments. Despite the on-field results, fans flocked to the games, propelling the Padres to the top of MLB’s attendance rankings. The Orioles, who were previously known for prioritizing concerts over improving their roster, now seem poised to capitalize on their successful 100-win 2023 season by adding a superstar starter. Extending players like Gunnar Henderson or Jackson Holliday in a similar manner to Witt would generate even more excitement. Even with just the acquisition of Burnes, it would be surprising if the Orioles don’t experience a significant increase in attendance for the upcoming season.
However, for Brewers fans, the situation is different. Ownership allowed their popular manager to leave for better financial prospects and essentially conveyed to fans that cost-cutting takes precedence over on-field performance. This raises the question of why fans should continue to watch a team that prioritizes financial gains over the product on the field. This sentiment is amplified when even the Royals, a small-market team, are extending their young stars and signing capable veterans like Michael Wacha and Seth Lugo.
It is evident that small-market teams do have the financial means to spend; they simply choose not to. This is why the Witt extension serves as a positive sign for the sport and for fans who hope that their favorite team will prioritize retaining their beloved players.