I guess the good thing about the Pirates never having a big regional cable deal, is that the impact of the RSN collapse will not have a huge impact on their go-forward revenues.
Looks like the Twins are the first mid-market team feeling the brunt and having slash payroll.
https://www.spotrac.com/mlb/payroll/2023/
Twins were a 150mm payroll last year, I am thinking the payroll cap for like size teams is going to be more like 130mm.
Just trying to game out what teams are going to be aggressive (current projected '24 payroll):
1 New York Mets $202,981,859
2 New York Yankees $202,973,333
3 Philadelphia Phillies9 $196,591,189
4 Houston Astros $187,378,141
5 Texas Rangers $184,300,000
6 Atlanta Braves $175,200,000
7 Chicago Cubs $168,730,000
8 San Diego Padres $146,935,453
9 Boston Red Sox $143,188,181
10 Toronto Blue Jays $142,824,284
11 Los Angeles Angels $138,688,094
12 Colorado Rockies $127,970,000
13 St. Louis Cardinals $126,166,667
14 Seattle Mariners $124,399,049
15 San Francisco Giants $122,400,000
16 Minnesota Twins $108,941,190
17 Los Angeles Dodgers $108,800,000
18 Chicago White Sox $101,173,333
19 Tampa Bay Rays $89,521,212
20 Washington Nationals $81,196,429
21 Arizona Diamondbacks $73,515,000
22 Detroit Tigers $71,100,000
23 Kansas City Royals $62,650,000
24 Cleveland Guardians $61,721,428
25 Miami Marlins $61,305,000
26 Milwaukee Brewers $49,064,960
27 Pittsburgh Pirates $40,350,000
28 Cincinnati Reds $36,373,333
29 Oakland Athletics $33,330,000
30 Baltimore Orioles $26,526,668
Top: Hard to see the Yanks/Mets throw good money at bad, but I don't think they have an alternative. So they'll be active. Phils, Astros, Rangers and Braves likely to be pretty inactive. Cubs and Red Sox likely to sign a big FA each. Padres, Blue Jays, Angels more likely to cut payroll. Cardinals and Giants will add, and the Dodgers likley to blow their load on Ohtani. Reds and Orioles will be active in the mid-tier most likely, being the teams who the Pirates will be bidding against for their mid-targets. Tigers and Nationals are wildcards, no idea what those orgs will want to do.