CNBC's Darren Rovell examined the financial ramifications of last night's blown call and what it means for all of the parties involved. The financial perspective of all this is very interesting, especially when you consider what effect it could have on Armando Galarraga's earnings down the road.
Unless MLB issues a stunning reversal, Galarraga will not have the 21st perfect game in baseball history. Because of that Galarraga, who will make $400,000 this year, lost between $20,000 and $25,000 in potential earnings from signing “perfect game” items over the next six months, according to Bobby Mintz, vice president of operations for memorabilia company Tri Star Productions. Mintz said that if Galarraga — who has a 20-18 career record — didn’t develop into a good pitcher, he’d still be guaranteed about $5,000 a year in signatures from being part of the “Perfect Game” club. That’s $175,000 over the next 35 years and $200,000 total.
Unless Galarraga is awarded a perfect game, he is stuck in the "Losers" category from a financial perspective. One of the winners in all of this, however, is Lumber Liquidators. Their ad was showing behind home plate during this now-infamous play, and as Rovell pointed out, who knows how many times this replay has already been viewed.
And there’s Lumber Liquidators sign saying “Lumber Liquidators: HARDWOOD FLOORS FOR LESS!” Even better is the simple number 1-800-Hardwood, which is easy to see. As of 11 a.m. ET, shares of Lumber Liquidators [LL 29.83 0.58 (+1.98%) ] were up more than 1.8 percent.
For Lumber Liquidators, this was definitely a case of being in the right place at the right time.