Tnetennba Posted February 25, 2022 Share Posted February 25, 2022 4 minutes ago, Quin said: Since he didn't respond to me, I'm assuming he'd play for the $18-24K that Gil Luna might make. Its just fascinating watching someone twist themselves into knots defending ownership for any of their ills, while also being in complete denial at the level to which they hate the players. Obviously my dollar a day example is an intentional exaggeration to prove my point, but anyone put into those shoes would hopefully wake up to the hard realities of trying to make it to a point where they might land a multi-year multi-million dollar deal playing a game. Quote Link to comment Share on other sites More sharing options...
Dick Allen Posted February 25, 2022 Share Posted February 25, 2022 For tax purposes, these guys get to reduce their income each year for 15 years after buying a team by 1/15th the purchase price of the team. So if you buy a team for $2 billion, you get to reduce your income over $133 million each year for 15 years. 1 Quote Link to comment Share on other sites More sharing options...
southsider2k5 Posted February 25, 2022 Author Share Posted February 25, 2022 10 minutes ago, Chicago White Sox said: I refuse to get too concerned over a fight between millionaires and billionaires, but it’s very clear if the MLB wasn’t basically a monopoly the players would get paid more. There isn’t really much of a debate that the owners were getting more than their fair share of the pie under the previous CBA and aren’t negotiating in good faith. And it’s that latter point that bothers me, because it doesn’t seem like the players are asking for all that much and yet the owners are willing to fuck over their customer base to claim a couple ten million more dollars here or there. Hopefully the owners will cave a bit last second, because we should all be enraged if they cost us baseball games because they refuse to concede any ground to the players. If games are cancelled, so am I. I will not pay to go to any games in 2022 if games are lost. 1 Quote Link to comment Share on other sites More sharing options...
southsider2k5 Posted February 25, 2022 Author Share Posted February 25, 2022 Quote Link to comment Share on other sites More sharing options...
southsider2k5 Posted February 25, 2022 Author Share Posted February 25, 2022 https://twitter.com/MattSpiegel670/status/1497273080288358400?s=20&t=TjommoQlON19RWqa-nWjjw Quote Link to comment Share on other sites More sharing options...
southsider2k5 Posted February 25, 2022 Author Share Posted February 25, 2022 1 2 Quote Link to comment Share on other sites More sharing options...
southsider2k5 Posted February 25, 2022 Author Share Posted February 25, 2022 Quote Link to comment Share on other sites More sharing options...
southsider2k5 Posted February 25, 2022 Author Share Posted February 25, 2022 This is fun. Quote Link to comment Share on other sites More sharing options...
Harry Chappas Posted February 25, 2022 Share Posted February 25, 2022 The annual income / cash flow is not why you buy a team, it is the asset appreciation. Quote Link to comment Share on other sites More sharing options...
Balta1701 Posted February 25, 2022 Share Posted February 25, 2022 4 minutes ago, Harry Chappas said: The annual income / cash flow is not why you buy a team, it is the asset appreciation. Isn't this entire fight about the annual income/cash flow? Quote Link to comment Share on other sites More sharing options...
Balta1701 Posted February 25, 2022 Share Posted February 25, 2022 25 minutes ago, southsider2k5 said: This is fun. I gotta say, I have no idea whether you're saying that person quoting Passan is right on or laughing at them. Quote Link to comment Share on other sites More sharing options...
Quin Posted February 25, 2022 Share Posted February 25, 2022 35 minutes ago, southsider2k5 said: This is fun. I enjoy these two responses: Quote Link to comment Share on other sites More sharing options...
palehose1 Posted February 25, 2022 Share Posted February 25, 2022 (edited) 1 hour ago, southsider2k5 said: If games are cancelled, so am I. I will not pay to go to any games in 2022 if games are lost. I wish there was some method for baseball fans to ban together and put pressure on this lockout. It always happens after the fact like in 1995 when it took awhile to wins fans back. I wish we could give an ultimatum as a fan base. Edited February 25, 2022 by palehose1 spelling Quote Link to comment Share on other sites More sharing options...
Dick Allen Posted February 25, 2022 Share Posted February 25, 2022 5 minutes ago, Quin said: I enjoy these two responses: When Samson was with the Marlins, they were hoarding their revenue sharing checks. Their payroll was so low, I remember reading an article that stated they could lock their gates and not let anyone in and still turn a profit. Samson has signed off on tax returns stating they lost money. He isn't going to say anything different now. Quote Link to comment Share on other sites More sharing options...
Dick Allen Posted February 25, 2022 Share Posted February 25, 2022 It is pretty funny none of these teams that lose cash every year ever want to show their books to players. When I lived in a high rise, they would always take pictures of condos that hadn't been updated to fight property tax increases. If they are losing money, why don't they show anyone? 1 Quote Link to comment Share on other sites More sharing options...
caulfield12 Posted February 25, 2022 Share Posted February 25, 2022 4 hours ago, poppysox said: If you were as smart as you obviously think you are...the name-calling wouldn't be necessary. Do you have lots of Amazon, Tesla, Wal-Mart and FB/Meta shares? Just curious… Quote Link to comment Share on other sites More sharing options...
caulfield12 Posted February 25, 2022 Share Posted February 25, 2022 3 hours ago, Kyyle23 said: I also have a very large party with some v famous friends attending, ta ta everyone Suicide Squad or Doom Patrol? Quote Link to comment Share on other sites More sharing options...
chitownsportsfan Posted February 25, 2022 Share Posted February 25, 2022 (edited) 1 hour ago, southsider2k5 said: If games are cancelled, so am I. I will not pay to go to any games in 2022 if games are lost. I'm about done with this fucking sport. I will not spend a fucking dime on anything. I will pirate every single game for the rest of my life and I will never pay to go to a single game. Fuck it. I've defended baseball and MLB to so many people over my life and I'm sick of it, fuck them. If MLB misses the season there's a good chance in 10 years it's relegated to NHL status in NA. Edited February 25, 2022 by chitownsportsfan Quote Link to comment Share on other sites More sharing options...
caulfield12 Posted February 25, 2022 Share Posted February 25, 2022 (edited) A year ago, the Braves reported $442 million in revenue, with $404 million of that baseball-related and $38 million from business development on the real estate surrounding the stadium. Expenses are not separated in the same way, but that totaled $348 million, giving the team $94 million in profits before writing off most of that in amortization and depreciation to avoid tax liability. That amount likely includes a $50 million payment for the MLB sale of BAMTech in 2018. Compared to Forbes’ numbers, which do not include the $50 million from BAMTech, they estimated the Braves’ revenues at $344 million, which is fairly close to the quarterly report numbers and a profit of $71 million, which would also be right in line with the team’s report assuming that business development expenses were fairly close to revenues. Forbes’ numbers do come with some skepticism given the closed-off nature of MLB teams’ books, but they come pretty close with the Braves. The 2019 season was another banner year for the Braves on the field and off. As Liberty explained in their release: For the full year 2019, baseball revenue grew primarily due to increased ballpark operations revenue driven by higher attendance as well as growth in local and national broadcast rights. Development revenue grew modestly in the fourth quarter primarily due to increased retail tenant rental income. For the full year 2019, development revenue was flat despite the absence of revenue from the residential portion of the Battery in the current year due to its sale on October 9, 2018. Baseball revenue grew from $404 million to $438 million. The team drew 100,000 more fans in 2019 and played an extra home playoff game. The comment regarding an increase in local broadcast rights is an interesting one. I had previously indicated that the Braves had one of the worst local television deals in baseball. The club was able to renegotiate their contract in 2013, and those negotiations were more fruitful that I had imagined. Per an AJC article by Tim Tucker: “It’s … 83 million dollars, rising to, like, 113 (million) in 2028,” Liberty Media CEO Greg Maffei said during a presentation at the Moffett Nathanson Media and Communications Summit in New York last month. He later clarified that the final year of the deal is 2027. That figure is roughly double my previous estimates and gives the Braves considerably more money to work with than once thought. The club’s profits ended up at $54 million, similar to the 2018 figure without BAMTech money. The team was able to turn a good profit despite a significant $74 million increase in expenses. From the release: Revenue growth was more than offset by growth in operating expenses due to higher player salaries, increased baseball operations costs related to the new spring training facility and higher player development costs, increased obligations under MLB’s revenue sharing plan and higher concession related costs due to increased attendance. https://blogs.fangraphs.com/braves-print-money-for-liberty-media/ Edited February 25, 2022 by caulfield12 Quote Link to comment Share on other sites More sharing options...
Ducksnort Posted February 25, 2022 Share Posted February 25, 2022 3 hours ago, Balta1701 said: Good, considering I’m pretty certain he works for ESPN. That too. Quote Link to comment Share on other sites More sharing options...
caulfield12 Posted February 25, 2022 Share Posted February 25, 2022 7 minutes ago, chitownsportsfan said: I'm about done with this fucking sport. I will not spend a fucking dime on anything. I will pirate every single game for the rest of my life and I will never pay to go to a single game. Fuck it. I've defended baseball and MLB to so many people over my life and I'm sick of it, fuck them. If MLB misses the season there's a good chance in 10 years it's relegated to NHL status in NA. Maybe you too can threaten to move to Nashville! I’ve always believed living in a AA MiLB community like San Antonio would be more rewarding…if you have family, at least. And speaking of the dangers of billionaires/corporations…https://ips-dc.org/wp-content/uploads/2019/10/IPS-Report-Who-Is-Buying-Seattle.pdf Quote Link to comment Share on other sites More sharing options...
chitownsportsfan Posted February 25, 2022 Share Posted February 25, 2022 1 hour ago, Harry Chappas said: The annual income / cash flow is not why you buy a team, it is the asset appreciation. Yes, I made that point weeks ago. Don't b**** and moan that you aren't getting a dividend from a high growth asset that has gone up in price 1000% as you've been sitting on it. Quote Link to comment Share on other sites More sharing options...
chitownsportsfan Posted February 25, 2022 Share Posted February 25, 2022 4 minutes ago, caulfield12 said: Maybe you too can threaten to move to Nashville! I’ve always believed living in a AA MiLB community like San Antonio would be more rewarding…if you have family, at least. And speaking of the dangers of billionaires/corporations…https://ips-dc.org/wp-content/uploads/2019/10/IPS-Report-Who-Is-Buying-Seattle.pdf My boycott won't make a bit of difference and I DGAF. It's personal with me now and baseball. They fucked me as a kid in 97 and now they are fucking me again. Fuck them. Quote Link to comment Share on other sites More sharing options...
Dick Allen Posted February 25, 2022 Share Posted February 25, 2022 4 minutes ago, chitownsportsfan said: Yes, I made that point weeks ago. Don't b**** and moan that you aren't getting a dividend from a high growth asset that has gone up in price 1000% as you've been sitting on it. That said, there is a reason why these businesses keep appreciating at incredible rates, and it isn't because they bleed cash. 1 Quote Link to comment Share on other sites More sharing options...
Dick Allen Posted February 25, 2022 Share Posted February 25, 2022 These RSNs who actually pay baseball teams, hope like crazy some games are cancelled. They lose money every year, yet the people they pay can't seem to make ends meet, yet still fly private jets. Weird. Quote Link to comment Share on other sites More sharing options...
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