The money lost by having no ticket sales, concessions, parking or corporate partnerships, has dealt a massive blow the cash-strapped Indians can’t absorb. On top of that, there’s no guarantee things will be significantly better in 2021.
Antonetti wouldn’t put a ballpark figure on Cleveland’s financial hit except to say that it’s in the “tens of millions” of dollars.
“That puts us in a really difficult financial position that will take us years to recover from,” he said. “It’s a real, cash loss that we have to borrow a lot of money to be able to fund.”
Antonetti and general manager Mike Chernoff addressed other pressing issues:
— the Indians expect Francona to be ready for the start of the ’21 season after he missed most of this year with health issues. The 61-year-old Francona was only in uniform for 14 games.
“He’s starting to feel better and he’s really confident he’ll be able to manage right from the start next season,” Antonetti said.
— no decisions have been made on team contract options for closer Brad Hand, first baseman Carlos Santana or catcher Roberto Pérez. Cleveland would like to re-sign second baseman César Hernández, who fit in nicely in his first season.