thing is, canning Watson isn't even maximizing their cash flow or return on investment. I mean, the cheapest way to build value is through finding cheap talent. Look at the Os. Don't you think that Elias has been the best thing to happen to the Angelos's investment since . . .?
Theyre not thinking of building value like that.
They're thinking that by cutting payroll, they maximize the profit in the sale. Winning doesnt matter. The team's value lays in its location and the potential fan base, not in the ability to perform on the field.
X is how much they spend, Y is how much they get for the sale.
Y - X = Profit. To increase profit, they need Y to increase or X to decrease. They tried to push Leonsis to raise Y and it failed. Now they're cutting to decrease X.
This is also why they are suddenly hemming and hawing about Strasburg. They want him to take less or defer the payout to a later date when they wont be responsible for X.