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Did every MLB team make a profit in 2012?

Posted on 3/5/13 at 1:21 am
Posted by LSUIEGRAD13
Member since Jan 2011
3939 posts
Posted on 3/5/13 at 1:21 am
I think so. How do MLB franchises make so much money? Could someone explain this chart to me? I thought I had it figured out, until I got to operating income. LINK

Also, an interesting note. The ATL braves have a grand total of ZERO debt.
Posted by VermilionTiger
Member since Dec 2012
37629 posts
Posted on 3/5/13 at 1:25 am to
Tv?
Posted by Pedro
Geaux Hawks
Member since Jul 2008
33812 posts
Posted on 3/5/13 at 6:51 am to
180 games means more chances for more money
Posted by Pilot Tiger
North Carolina
Member since Nov 2005
73181 posts
Posted on 3/5/13 at 6:52 am to
quote:

Also, an interesting note. The ATL braves have a grand total of ZERO debt.
are they not counting player salaries as debt??

Posted by Lloyd Christmas
Baton Rouge
Member since Aug 2005
4283 posts
Posted on 3/5/13 at 8:28 am to
quote:

How do MLB franchises make so much money?


162 games and TV deals
Posted by ProjectP2294
South St. Louis city
Member since May 2007
70979 posts
Posted on 3/5/13 at 8:31 am to
quote:

Also, an interesting note. The ATL braves have a grand total of ZERO debt.


Just in terms of being a large business, not just a baseball team, this seems difficult to do.
Posted by SPEEDY
2005 Tiger Smack Poster of the Year
Member since Dec 2003
83505 posts
Posted on 3/5/13 at 8:33 am to
I read something a while back that one of the best sports investments a billionaire can make is to own a minor league baseball team. Warren Buffet owns part of one.

Gonna go try and find it
Posted by Rouge
Floston Paradise
Member since Oct 2004
136911 posts
Posted on 3/5/13 at 8:33 am to
quote:

Did every MLB team make a profit in 2012?
considering that the ownership groups do not open their books, nor do they have an obligation to do so, this is a pretty pointless question
Posted by Moustache
GEAUX TIGERS
Member since May 2008
21558 posts
Posted on 3/5/13 at 8:34 am to
quote:

How do MLB franchises make so much money?


81 games is the most by far of any sports for tix sales and concessions and merch.

No salary cap=capitalist structure. Surprise surprise. It's better than a fricking welfare league like the NBA.
Posted by Lloyd Christmas
Baton Rouge
Member since Aug 2005
4283 posts
Posted on 3/5/13 at 8:35 am to
quote:

The ATL braves have a grand total of ZERO debt.


Private entities, including NBC and other Olympic sponsors, agreed to pay a large sum of the cost to build Centennial Olympic Stadium (approximately $170 million of the $209 million bill). The Atlanta Committee for the Olympic Games (ACOG) sought to build the stadium in a way that it could be converted to a new baseball stadium, and ACOG paid for the conversion.[

worked out pretty good for the Braves
Posted by TigerintheNO
New Orleans
Member since Jan 2004
41289 posts
Posted on 3/5/13 at 8:39 am to
quote:

How do MLB franchises make so much money?


The Dodgers just got $7 Billion for their 3rd tier TV rights.
Posted by LSUTIGER in TEXAS
Member since Jan 2008
13613 posts
Posted on 3/5/13 at 8:49 am to
Plus while attending a baseball game, people use lots if cash. Cash for tickets, cash for beer, cash for food. If they're claiming a profit, you know there's even more money off the books from all the cash money
Posted by SeeeeK
some where
Member since Sep 2012
28119 posts
Posted on 3/5/13 at 10:19 am to
the cardinals are worth more than 591 mil,at least, near the 700mil mark

Large, fanatic fan base, 3mil+ fans per, and season ticket holders in 23 states.

they are the only midmarket team, who can spend major market money, in any sport, and still rake in the $$$.
Posted by GumBro Jackson
Raleigh
Member since Mar 2011
3115 posts
Posted on 3/5/13 at 11:19 am to
The link you provided that three teams had negative operating income (i.e. negative earning before interest, taxes, depreciation, and amortization). Mets, Phillies, and Angels.
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