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MLB Payroll Cuts Loom as Once-Lucrative RSN Model Sunsets

The dissolution of the legacy RSN model is beginning to have real-world implications for teams that now find themselves without a local TV contract, and while alternative broadcast options abound, at least one MLB club has acknowledged that it’s belt-tightening time.

Speaking to reporters following the first round of MLB’s annual General Managers Meetings, Minnesota Twins president of baseball operations Derek Falvey said the AL Central champs will likely need to reduce payroll next year, after the team spent a record $153.7 million in 2023.

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“We’ve pushed our payroll to heights that we had never pushed it before with the support, certainly, of ownership,” Falvey said.