Baseball has the most dichotomy between have’s and have-not’s. The long term owners aren’t as rich as the newer term owners. The game isn’t as translatable to younger people so established teams are the only ones who will have loyal fan bases. There are teams in places nobody should be (Tampa and Oakland). There are places where there should be teams where there aren’t (San Antonio/Austin, Las Vegas, and Charlotte).
I get that Manfred needs to speak for the majority of the owners and the owners don’t want to lose money, but he also needs to understand the best interests of the game. If the owners lose some money in 2020, but save their sport, then that’s better for the long term value of their franchises.