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    PENN Entertainment stock rating reiterated at Market Outperform by JMP – Investing.com

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    Here’s how NJ’s once-vibrant nightclub scene was born and why it died – Bergen Record

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    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

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Report: Rob Manfred Expected to Be Re-Elected as MLB Commissioner for 3rd Term

July 21, 2023
in Sports
Report: Rob Manfred Expected to Be Re-Elected as MLB Commissioner for 3rd Term
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Major League Baseball Commissioner Rob Manfred speaks to members of the media following an owners' meeting, Thursday, June 15, 2023, at MLB headquarters in New York. (AP Photo/John Minchillo)AP Photo/John Minchillo

MLB commissioner Rob Manfred is expected to be voted in for a third term next week, per sources to Evan Drellich and Ken Rosenthal of The Athletic.

“No doubt, there never was,” one person told The Athletic. “It’s a foregone conclusion.”

Manfred assumed commissioner duties in January 2015 after 16 months as MLB’s Chief Operating Officer. The 64-year-old is currently serving the second of two five-year terms in office, with his current contract expiring on January 25, 2025, per The Athletic.

The vote is expected to occur next week in Washington D.C., and Manfred needs a majority of the league’s 30 owners to approve his next term to continue on as commissioner.

Under his watch, MLB has thrived financially, surpassing $10.8 billion in revenue in 2022, per Maury Brown of Forbes. The previous record mark was $10.7 billion in 2019. The number in the season before Manfred’s arrival was $9 billion in 2014. The league also introduced popular rules in 2023 that have drastically sped up a game that had at times become laborious.

However, Manfred has not always been a popular figure with the fans for various reasons, whether it be actions during the collective bargaining agreement negotiations or the Oakland Athletics’ ongoing move to Las Vegas.

He also received criticism for his handling of the Houston Astros’ sign-stealing scandal as well as calling the World Series trophy “a piece of metal.” He’s been accused by fans of even hating the sport he oversees.

Regardless, Manfred appears on track to remain as the sport’s commissioner for the remainder of the 2020s. Per The Athletic, another five-year term would see Manfred be in office through the 2029 season.

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Copyright for syndicated content belongs to the linked Source : Bleacher Report – https://bleacherreport.com/articles/10083312-report-rob-manfred-expected-to-be-re-elected-as-mlb-commissioner-for-3rd-term

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