Forbes: Baseball's Most Valuable Teams 2009
Interesting read from Forbes:
Forbes: Baseball's Most Valuable Teams 2009
including some of the economics of baseball.
From this comprehensive assessment, it's interesting to see each team's business models:
- Yankess rely on lucrative television network deals (YES!) while subtracting the new debt and operating costs associated with its new 1.5 Billion (!!!!) stadium to curtail revenue sharing from its player's salaries for a meager loss of -$3million in an off year of sorts
- Contrastingly, the Florida Marlins have the lowest revenue stream in baseball, but yet reap the highest operating income due to the handouts from such teams as the Yankees, Red Sox, etc. No wonder they are content with the once a decade MLB King, then garage sale after...
- On the other end of the spectrum are the Detroit Tigers with a net loss of $26.3 million dollars and nothing to show for it! I predict a firesale of epic proportions to shed the high player salaries soon. Are the looking soon for bailout money like their local auto companies?
- As for our Athletics, due to major costs cutting in salaries last year and even with the declining attendance figures, the A's raked in a $26.2 million dollar profit most likely helped by the charities of richer ballclubs. The organizational valuation didn't change that much year over year (-1%), but how long will that last staying at a bastard of a stadium?
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4 comments
Comments
You Bite Your Tongue!
When talking about the Coliseum.
It's just more exciting with Billy Beane running the team.
by ru155 on Apr 23, 2009 11:53 AM PDT reply actions 0 recs
Raiders fan...
eh? ;)
"Twenty minutes," says Jack Sr. "Thank god for Billy Beane."
"Any fan that wants us to do that is going to be disappointed because that just isn’t us." - Wolff
"Joe Morgan's going to think Beane wrote the movie too..." -whitshoes40
"What am I going to do, seriously? Maybe be a bouncer at strip joints. That's about all I'm qualified to do." -Giambi
by ST on Apr 23, 2009 1:44 PM PDT up reply actions 0 recs
26 million dollar profit
This is why I get a little pissed when I see our owners act as if their families future depends on moving the team. Like they’d be on the streets if a new stadium isn’t built. Don’t get me wrong — I’d love a new yard. But owners are a greedy lot.
I needed a team so I wouldn’t turn into one of the eighty million pink hat-wearing Bud Light-drinking mulleted idiots at Fenway.
by Vacafan on Apr 23, 2009 7:25 PM PDT reply actions 0 recs
The problem is that this profit is most likely about the same or less than the amount of revenue sharing received.
It’s not sustainable. The other owners aren’t going to want to subsidize a losing proposition forever. I wouldn’t, if I were a revenue sharing contributing owner. They need to consider alternative locations where they can make money, or they’ll be worth more as a contraction candidate than as a going concern.
It's not the results, it's how you look going about those results -- Tim McCarver
by WaddellCanseco on Apr 23, 2009 10:41 PM PDT up reply actions 0 recs

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