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Did every MLB team make a profit in 2012?
Posted on 3/5/13 at 1:21 am
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.
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.
13
Posted on 3/5/13 at 1:25 am to LSUIEGRAD13
Tv?
Posted on 3/5/13 at 6:51 am to LSUIEGRAD13
180 games means more chances for more money
Posted on 3/5/13 at 6:52 am to LSUIEGRAD13
quote:are they not counting player salaries as debt??
Also, an interesting note. The ATL braves have a grand total of ZERO debt.
Posted on 3/5/13 at 8:28 am to LSUIEGRAD13
quote:
How do MLB franchises make so much money?
162 games and TV deals
Posted on 3/5/13 at 8:31 am to LSUIEGRAD13
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 on 3/5/13 at 8:33 am to LSUIEGRAD13
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
Gonna go try and find it
Posted on 3/5/13 at 8:33 am to LSUIEGRAD13
quote: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
Did every MLB team make a profit in 2012?
Posted on 3/5/13 at 8:34 am to LSUIEGRAD13
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 on 3/5/13 at 8:35 am to LSUIEGRAD13
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 on 3/5/13 at 8:39 am to LSUIEGRAD13
quote:
How do MLB franchises make so much money?
The Dodgers just got $7 Billion for their 3rd tier TV rights.
Posted on 3/5/13 at 8:49 am to LSUIEGRAD13
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 on 3/5/13 at 10:19 am to LSUIEGRAD13
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 $$$.
Large, fanatic fan base, 3mil+ fans per, and season ticket holders in 23 states.
they are the only midmarket team, who can spend major market money, in any sport, and still rake in the $$$.
Posted on 3/5/13 at 11:19 am to LSUIEGRAD13
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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