http://www.bizofbaseball.com/index.php?option=com_content&task=view&id=1141&Itemid=42
"In total, the cash-rich split-off will see approx. $770 million in taxes saved between Time Warner and Liberty Media."
<p class="aaa">"Odds are that Liberty will not hold onto the Braves any longer than they have to. They will be locked in till at least 2011. </p><p class="aaa"><span class="template"><span class="body">"They have committed to 4 1/2 years ownership, minimum, which frankly is more than we get guaranteed from anybody else," Selig said to the
Atlanta Journal-Constitution."
"They will have to own the club for at least several years in order to avoid paying taxes on the sale, but beyond that, Liberty would seem to have little interest in owning the Braves. While Liberty continues to gobble up regional sports networks, and now owns the majority of DirecTV (another cash-rich split-off to avoid taxes), the direct ownership of a sports franchise breaks with their portfolio. "
(This probably explains why Peachtree TV games are on DirecTV).
"As
reported earlier today , provisions are in place that guarantee that player payroll will remain at least at the same level as it has in the past three seasons (about $80 million) and a commitment that current Braves president
Terry McGuirk would remain in control of the team for Liberty."
http://www.nytimes.com/2007/02/06/sports/06iht-base.4492634.html
</span></span></p>
"The job, however, could become a little easier than it has been the past few years if Malone lets Schuerholz add to the payroll that Time Warner has limited. The Braves' payroll climbed every year they finished first, reaching a high of $104.6 million in 2003, until Time Warner cut back in 2004."
</p>
"The economy has affected all of us," said Atlanta Braves President John Schuerholz, whose team lowered its payroll from a year ago to $84.4 million, a 13% decline. "It's a fact of life."
</p>
http://content.usatoday.com/sports/baseball/salaries/teamresults.aspx?team=16
note, that what i was referring to was that payroll was being decided by accountants without regard to the situation, and IMO this holds that up. Keep that precipitous drop for this year in mind everytime you see Glaus fall to catch up to a high fastball this year, while LaRoche could have been had on a one-year arb deal for ~5M more. The low median salary in 2008 also shows that the jump that year was due to existing contracts that they couldn't get out of, and they filled up the roster as much as they could with scrubs making the minimum.</p>