Colangelo to Close Spiggot

Phil Rogers has a blurb on the D-backs finances today. Seems Colangelo lost $136 million over the last four seasons and plans budget cuts in the future. Expect the D-backs payroll to drop from $94 million this year to $80 million in 2004 and $55 million in 2005.

Looks like one bidder for Kerry Wood's services has been eliminated. As this blog said.

I knew that MBA in finace was worth something.

Chuck