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re: Did every MLB team make a profit in 2012?
Posted on 3/5/13 at 6:52 am to LSUIEGRAD13
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.
1
Posted on 3/5/13 at 8:26 am to Pilot Tiger
Salaries are expenses, debt would be stadium, etc.
ETA - Even long term commitments would be expenses provided the team has reason to believe the services contracts will be honored. Now a player that was cut, I'm not sure how that plays into it. Or a situation like Albert Belle and my Orioles where we were paying him 6 years after he was deemed medically unable to play (but a portion of his contract was insured)
ETA - Even long term commitments would be expenses provided the team has reason to believe the services contracts will be honored. Now a player that was cut, I'm not sure how that plays into it. Or a situation like Albert Belle and my Orioles where we were paying him 6 years after he was deemed medically unable to play (but a portion of his contract was insured)
This post was edited on 3/5/13 at 8:29 am
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