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EspañolFIRE SALE
:''For the movie of the same name starring Alan Arkin, Sid Caesar and Rob Reiner, see Fire Sale (film); for the Super Mario World cartoon see Fire Sale.''
A 'fire sale' is the sale of goods at extremely low prices, typically when the seller faces bankruptcy or other impending distress. The term may originally have been based on the sale of goods at a heavy discount due to fire damage.
In professional sports, a 'fire sale' occurs when a team ships many of its veteran players to other teams for less expensive players, usually for financial reasons. The term is generally thought of as separate from merely "rebuilding", because during rebuilding, teams often obtain players who are in the major leagues already or who are close to being major-league-ready. On the other hand, trades in a fire sale often result in a team receiving draft picks and prospects who have little to no major-league experience in their sport. The term comes from the perception that the team is trying to get rid of all its players.
★ The textbook example of a "fire sale", and the incident usually meant when the term is used in a United States sport context, is when the Florida Marlins traded away most of their high-priced players after their 1997 World Series victory and finished in last place the following year. Most of the prospects they obtained never became regular major-league players, and the Marlins did not have a winning record again until 2003. They also suffered a substantial drop in attendance.
★ During the 2005 offseason, the Marlins held another fire sale, shipping off many of their star players (including 2003 World Series MVP Josh Beckett) for mainly minor-league pitching prospects. Notable prospects acquired in this fire sale were Hanley Ramirez, Anibal Sanchez, Ricky Nolasco,Mike Jacobs, Gaby Hernandez, and Yusmeiro Petit who is no longer with the team. About the same time that they had announced their plans to explore relocation.
★ The Montreal Expos had a fire sale following the strike shortened 1994 season, which robbed them of a possible berth in the 1994 World Series. Among the notable players who were either traded or released were Larry Walker, John Wetteland, Delino DeShields and Marquis Grissom. Some of the notable players the Expos received were Pedro Martinez, David Segui and Henry Rodriguez. Following the fire sale, fan interest in the team declined dramatically and the team was sold to Major League Baseball prior to the 2002 season, with the hopes of the franchise being contracted. The demise of the Expos paved the way for their eventual relocation to Washington, D.C. where they became the Washington Nationals prior to the 2005 season.
★ The San Diego Padres had a fire sale at the end of their 1998 NL championship run. Ken Caminiti, Steve Finley and Kevin Brown were all granted free agency status and signed with the Houston Astros, Arizona Diamondbacks and the Los Angeles Dodgers respectively (though in their defense, Brown was offered a reported 5-year, $60 million dollar deal, which was rejected in favor of a 7-year, $105 million dollar contract with the Dodgers). Joey Hamilton was traded to the Toronto Blue Jays for Woody Williams and two other players. Greg Vaughn and Mark Sweeney were traded to the Cincinnati Reds for Reggie Sanders, Damian Jackson and a minor leaguer. Jim Leyritz, who was considered their late-inning hero down the stretch was sent back to the New York Yankees for a minor leaguer.
★ Similarly, the Washington Capitals had a fire sale during the 2003-04 NHL season because their team was in the midst of what would become their worst season in 26 years. They traded several of their veteran stars, obtaining many minor-league players and draft picks. One of the players that they traded, Robert Lang, was the NHL's scoring leader at the time; this was the first time in NHL history that an NHL player was traded during a season in which he had led the league in scoring.
★ The Chicago Bulls had a fire sale after winning their sixth NBA championship following the 1997-98 NBA season. Michael Jordan retired for the second time, Scottie Pippen was traded to the Houston Rockets, and Dennis Rodman was also released. Other players would also leave the team, and the Bulls lost 37 games in a lockout-shortened 50-game season in 1999. Chicago would not make the playoffs again until the 2004-05 NBA season, when they lost to the Washington Wizards in the first round of the playoffs.
★ The Phoenix Coyotes, at the end of the 2006-07 season may have been in the midst of a fire sale of their own - as of the NHL trade deadline, they have traded away some of their top players in Ladislav Nagy, Mike Comrie, All-Star centre Yanic Perreault, former first-round pick Oleg Saprykin and enforcer Georges Laraque.
★ The Nashville Predators are currently also engaged in a fire sale, and the term is being used frequently in connection with the team. It is believed that if the attendance level drops below 14,000 per night, the team's owner's (the team will probably be sold), will be able to exit the lease for a penalty. ESPN article on subject One of the top teams in the league in the 2006-07 season, many analysts expect the team to be one of the leagues worst in the 2007-08 season after the talent hemorrhage.
The term "fire sale" is used in the 2007 movie ''Live Free or Die Hard (Die Hard 4.0 outside North America)'' to describe a hypothetical attack by Black hat computer hackers on vital networks of the United States government, infrastructure, and economy. Use of the term is explained with a reference to a typical fire sale: "everything must go." Any computer-operated system will be a target for such an attack, although the movie focused on four primary objectives: disrupting transportation, stealing and destroying financial records, disabling all public utilities, and creating fear with a PSYOP media campaign. This theoretical process drives the plot of the movie, threatening to bring the United States of America to its knees through widespread chaos and fear.
A 'fire sale' is the sale of goods at extremely low prices, typically when the seller faces bankruptcy or other impending distress. The term may originally have been based on the sale of goods at a heavy discount due to fire damage.
| Contents |
| Use in sports |
| Recent fire sales in sports |
| Use in fiction |
Use in sports
In professional sports, a 'fire sale' occurs when a team ships many of its veteran players to other teams for less expensive players, usually for financial reasons. The term is generally thought of as separate from merely "rebuilding", because during rebuilding, teams often obtain players who are in the major leagues already or who are close to being major-league-ready. On the other hand, trades in a fire sale often result in a team receiving draft picks and prospects who have little to no major-league experience in their sport. The term comes from the perception that the team is trying to get rid of all its players.
Recent fire sales in sports
★ The textbook example of a "fire sale", and the incident usually meant when the term is used in a United States sport context, is when the Florida Marlins traded away most of their high-priced players after their 1997 World Series victory and finished in last place the following year. Most of the prospects they obtained never became regular major-league players, and the Marlins did not have a winning record again until 2003. They also suffered a substantial drop in attendance.
★ During the 2005 offseason, the Marlins held another fire sale, shipping off many of their star players (including 2003 World Series MVP Josh Beckett) for mainly minor-league pitching prospects. Notable prospects acquired in this fire sale were Hanley Ramirez, Anibal Sanchez, Ricky Nolasco,Mike Jacobs, Gaby Hernandez, and Yusmeiro Petit who is no longer with the team. About the same time that they had announced their plans to explore relocation.
★ The Montreal Expos had a fire sale following the strike shortened 1994 season, which robbed them of a possible berth in the 1994 World Series. Among the notable players who were either traded or released were Larry Walker, John Wetteland, Delino DeShields and Marquis Grissom. Some of the notable players the Expos received were Pedro Martinez, David Segui and Henry Rodriguez. Following the fire sale, fan interest in the team declined dramatically and the team was sold to Major League Baseball prior to the 2002 season, with the hopes of the franchise being contracted. The demise of the Expos paved the way for their eventual relocation to Washington, D.C. where they became the Washington Nationals prior to the 2005 season.
★ The San Diego Padres had a fire sale at the end of their 1998 NL championship run. Ken Caminiti, Steve Finley and Kevin Brown were all granted free agency status and signed with the Houston Astros, Arizona Diamondbacks and the Los Angeles Dodgers respectively (though in their defense, Brown was offered a reported 5-year, $60 million dollar deal, which was rejected in favor of a 7-year, $105 million dollar contract with the Dodgers). Joey Hamilton was traded to the Toronto Blue Jays for Woody Williams and two other players. Greg Vaughn and Mark Sweeney were traded to the Cincinnati Reds for Reggie Sanders, Damian Jackson and a minor leaguer. Jim Leyritz, who was considered their late-inning hero down the stretch was sent back to the New York Yankees for a minor leaguer.
★ Similarly, the Washington Capitals had a fire sale during the 2003-04 NHL season because their team was in the midst of what would become their worst season in 26 years. They traded several of their veteran stars, obtaining many minor-league players and draft picks. One of the players that they traded, Robert Lang, was the NHL's scoring leader at the time; this was the first time in NHL history that an NHL player was traded during a season in which he had led the league in scoring.
★ The Chicago Bulls had a fire sale after winning their sixth NBA championship following the 1997-98 NBA season. Michael Jordan retired for the second time, Scottie Pippen was traded to the Houston Rockets, and Dennis Rodman was also released. Other players would also leave the team, and the Bulls lost 37 games in a lockout-shortened 50-game season in 1999. Chicago would not make the playoffs again until the 2004-05 NBA season, when they lost to the Washington Wizards in the first round of the playoffs.
★ The Phoenix Coyotes, at the end of the 2006-07 season may have been in the midst of a fire sale of their own - as of the NHL trade deadline, they have traded away some of their top players in Ladislav Nagy, Mike Comrie, All-Star centre Yanic Perreault, former first-round pick Oleg Saprykin and enforcer Georges Laraque.
★ The Nashville Predators are currently also engaged in a fire sale, and the term is being used frequently in connection with the team. It is believed that if the attendance level drops below 14,000 per night, the team's owner's (the team will probably be sold), will be able to exit the lease for a penalty. ESPN article on subject One of the top teams in the league in the 2006-07 season, many analysts expect the team to be one of the leagues worst in the 2007-08 season after the talent hemorrhage.
Use in fiction
The term "fire sale" is used in the 2007 movie ''Live Free or Die Hard (Die Hard 4.0 outside North America)'' to describe a hypothetical attack by Black hat computer hackers on vital networks of the United States government, infrastructure, and economy. Use of the term is explained with a reference to a typical fire sale: "everything must go." Any computer-operated system will be a target for such an attack, although the movie focused on four primary objectives: disrupting transportation, stealing and destroying financial records, disabling all public utilities, and creating fear with a PSYOP media campaign. This theoretical process drives the plot of the movie, threatening to bring the United States of America to its knees through widespread chaos and fear.
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