Thread: Baseball 2010
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Old 12-22-2009, 07:20 PM   #64 (permalink)
pan6467
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Quote:
Originally Posted by jaymoney View Post
First that is a blog, second I did go to the Forbes article, I went through a few teams and never saw mention of "profit". I saw "operating Income" which IS NOT profit.

A measure of a company's earning power from ongoing operations, equal to earnings before deduction of interest payments and income taxes.

Forbes may be good at many things but they are estimates at best.

Somehow, I seriously doubt the Yankees lost money or the Marlins owner made a 43 million dollar profit.

I'm sorry I tend to believe Selig when he says teams are on the cusp of bankruptcy and close to not making payroll.
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