Originally Posted by
ensco
I need help with the "let's go build a superteam" argument, from the ownership POV.
TFC have been the top spending team in the league, by a lot, ever since the Leiweke era. They have been on the "superteam" model, at least in MLS terms, for quite a while. They have probably spent $5-10M a year more than, say, Seattle or LA Galaxy, the two teams I think they might most closely compare themselves to. (If I am wrong about these numbers, I am sure someone will correct me. The actual amounts aren't core to my argument, they have outspent all others by a lot.)
So that's, to pick a number, call it $5M a year for 7 years, a $35M total incremental investment in being an "MLS superteam". Has it worked?
Well, there's the second half of 2016, 2017 and the 2018 CCL run. For sure. Some of that was still historic by league standards
Playoff outcomes are a bit random. The best measure of a superteam is regular season dominance. Which we didn't have after 2017. Far from it. We were one of the worst teams in the league in 2018 and 2021, which should be inconceivable in this model, and which surely had big negative financial consequences. For that matter we were pretty mediocre in 2019 most of the year, too. (yes, I know about the Cup run in 2019, and yes, we were weirdly good in Hartford in 2020. But these seem like things KC or Portland or Columbus or whomever do regularly, with much lower payrolls.)
So what was the problem? I think it's the three DP rule. You have what happened here with Jozy (Soteldo and Pozo too) and you are screwed. Superteams can't work with this kind of vulnerability, it's why superteams in other leagues load up with so many good players.
________
So imagine you are on the MLSE Board or Directors. You are inclined to believe. You want reasons to do this. TFC is maybe the only asset in the portfolio with serious growth potential.
The big, call it $35M incremental investment you already made hasn't worked out great, and how, exactly, does paying DPs even more money than we did with Altidore, address this problem exactly? I mean, we can talk all we want about "sticking it to Dallas/Vancouver", but so long as the cap/DP rules are in place...
The Qatar 2022 and WC 2026 arguments are big. They could be a real booster shot. But do you need to spend a hundred million or more to capitalize there? Isn't Montreal showing you a way to do that for a tiny fraction of those dollars?
btw you don't get to just tell Bogers that asset values have gone to the moon, or MLSE are rich and it's rounding error. Budgets connect to revenues. Just because everyone in Toronto has a house now worth more than a million dollars, doesn't mean everyone is buying a Maserati.
Bottom line: this isn't just a "vision" question, it's a structural question, you are not just going to be persuaded by a stirring speech from Tanenbaum. Who is 76 years old and is not guaranteed to be the one to see a 5-10 year plan of this magnitude through.