Quote:
Originally Posted by jaymoney
MLB last year transferred about $400M in revenue sharing and luxury tax, and the Indians received more than $20M while the Pirates -- "despite their beautiful, eight-year-old, taxpayer-funded stadium" -- received more than $40M. thats of the top of my head
all MLB teams received $35M from the league's "central fund, which includes revenue from licensing, properties, national TV and advanced media." Thus, the Indians prior to this season had about $55M in revenue and an $81M opening-day payroll, a deficit of just $25M "before they sold one ticket. In addition, all MLB teams received $35M from the league's "central fund, which includes revenue from licensing, properties, national TV and advanced media."
The Pirates had earned $75M and had a $48M payroll, a profit of about $27M before ticket sales.
Indians and Pirates owners are "not willing to spend what it takes to be competitive." They instead are collecting "all that revenue-sharing and central fund dough and claim they're losing money, meaning they must trade away their best players to 'secure the future'
---------- Post added at 02:54 AM ---------- Previous post was at 02:52 AM ----------
yet the yankees are the evil empire if so then what will you label the indians and pirates (THE FAT CATS)
---------- Post added at 02:56 AM ---------- Previous post was at 02:54 AM ----------
thats base ball 101 face the facts PAN dont give me fantasy numbers look it up
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I think if you look at the percentage of ticket sales that goes to MLB and the visiting team it equals about what I gave them. I gave them 100% of ticket sales, when in reality it's about 60-65%. Last I heard, visiting teams got like 25% of the gate and MLB got 10%. Also, I was very generous in my concession sales (because a percentage goes to the stadium and the company licensed to run the concessions). Same with media revenue, a portion of the local revenue goes to MLB.
I'll stand by my numbers. Because I even showed what they have for payroll when they bring in $150 million.
You totally ignored their OTHER expenses. Payroll is probably 75% (and that's generous) because along with all the ones I listed in my past post, there is still the loan to the bank the owner has to pay, taxes, insurance on the players and so on.
And if you watch MLB when teams are for sale, it's not like 20 years ago or even 10, where you could have many groups trying to buy.... very few are willing to buy a team these days. Why? If there is such a great profit to be made, as you want to believe, would someone not want to buy? Even cities are backing away from trying to get teams.
BTW DJ the team needing to show its books are the Packers because they are city owned and non profit, I believe.