Could somebody help me understand this sentence, the underlined part in particular?
MLB sees the practice of lobbing four meaningless pitches as antiquated, so eliminating them would serve as much as a statement as it would a practical attempt to speed up the game.
Grammatically, is it some sort of ellipsis? If so, what is omitted after "would"?
This might be looked as ellipsis. "
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This might be looked as ellipsis. The complete sentence might be something like: "...eliminating them would serve as much as a statement of principle from MLB (an organization founded on high principles) of the meaninglessness of this practice as it would serve as a practical attempt to speed up the game."
MLB sees the practice of lobbing four meaningless pitches as antiquated, so eliminating them would serve as much as a statement as [it would _____ a practical attempt to speed up the game].
Yes, I'd say it was a case of 'reduction'. Your example contains the bracketed comparative clause functioning as complement to the preposition as. Comparatives