FanPost

DLD 8.23 Audit/Bankruptcy Edition

Im on leave from work this week so Im hoping to get 3 fanposts on potential offseason moves as well as my mileage for work completed in addition to everything else.  These are some important links if you want to understand how teams are run, everyone should read them.

Chasing the Rangers is a blog post by Mavericks owner Mark Cuban about his attempt to first buy the Rangers outright and then win them at auction.  It describes the process by which he was trying to separate bad assets from the bankruptcy proceedings as well as plans so Cuban could create a regional sports network in Texas (or bid Fox up to ungodly levels for the right to do the same) since Cuban would own both the Mavericks and the Rangers

The Pirates had their financials leaked to the media.  Apparently they had to trade Aramis Ramirez to the Cubs because they were losing so much money but there is a lot of debate about whether or not the team should have paid their owners over $20m in 2008 when the team has had more consecutive losing seasons than any other in major American sports. 

Read the actual financials here for the Rays and Angles as well.

The Seattle Mariners also had their financials leaked to deadspin.  Apparently they lost $4.5m during the second to last year of the Bavasi regime.

If you aren't Iglew and aren't an accountant but want to know what the hell all of this means I would check out the Biz of Baseball blog its fricking awesome.

The big thing that I took away from it is it looks like (from the Rays and the Angles) that the payout of making the playoffs is significantly less than I thought it was and that the Marlins spend far more on player development than anyone else released.  Maybe thats why they consistently have good cheap young cost controlled players. HINT HINT BILLY.

Also Dudes in Japan have created baseball playing robots...  We're all going to die (but at least Pirates owners will do so with $20.4m more!)

 

 

 

And If you still haven't read the Biz of Baseball link you are fricking lame

X
Log In Sign Up

forgot?
Log In Sign Up

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join Athletics Nation

You must be a member of Athletics Nation to participate.

We have our own Community Guidelines at Athletics Nation. You should read them.

Join Athletics Nation

You must be a member of Athletics Nation to participate.

We have our own Community Guidelines at Athletics Nation. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.

tracking_pixel_9351_tracker