It is currently Thu Jan 30, 2025 6:09 pm

All times are UTC - 6 hours [ DST ]




Post new topic Reply to topic  [ 515 posts ]  Go to page Previous  1 ... 7, 8, 9, 10, 11, 12, 13 ... 18  Next
Author Message
 Post subject: Re: Future of MLB
PostPosted: Wed Mar 02, 2022 12:26 pm 
Offline
User avatar

Joined: Sun Nov 26, 2006 8:10 pm
Posts: 38609
Location: "Across 110th Street"
This will all be moot unless they make structural changes to the game. It's the fourth most popular game because the season is too long, the games are too slow and analytics are killing it.

_________________
There are only two examples of infinity: The universe and human stupidity and I'm not sure about the universe.


Top
 Profile  
 
 Post subject: Re: Future of MLB
PostPosted: Wed Mar 02, 2022 12:27 pm 
Offline
User avatar

Joined: Thu Jun 22, 2006 3:55 pm
Posts: 33214
Location: Wrigley
pizza_Place: Warren Buffet of Cock
The proper measure of profits is in relation to the value of the asset or so called opportunity cost. Typically an equity investor would require at least 10% average annually on an investment. So what are the Braves worth? $3B?

If they only earned $104M, then that asset is way underperforming. Now, of course, like real estate we have to take into account the unrealized capital gain on the value of the franchise. So I suspect they realized a reasonable return overall.

_________________
Hawaii (fuck) You


Top
 Profile  
 
 Post subject: Re: Future of MLB
PostPosted: Wed Mar 02, 2022 12:28 pm 
Offline
User avatar

Joined: Thu Jun 22, 2006 3:55 pm
Posts: 33214
Location: Wrigley
pizza_Place: Warren Buffet of Cock
Regular Reader wrote:
This will all be moot unless they make structural changes to the game. It's the fourth most popular game because the season is too long, the games are too slow and analytics are killing it.


Agree with all that and would add too many teams are not even trying to win.

_________________
Hawaii (fuck) You


Top
 Profile  
 
 Post subject: Re: Future of MLB
PostPosted: Wed Mar 02, 2022 12:54 pm 
Offline
User avatar

Joined: Thu Sep 30, 2010 3:40 pm
Posts: 16689
pizza_Place: Boni Vino
denisdman wrote:
The proper measure of profits is in relation to the value of the asset or so called opportunity cost. Typically an equity investor would require at least 10% average annually on an investment. So what are the Braves worth? $3B?

If they only earned $104M, then that asset is way underperforming. Now, of course, like real estate we have to take into account the unrealized capital gain on the value of the franchise. So I suspect they realized a reasonable return overall.


Here is an interesting link regarding franchise values:

https://law.marquette.edu/assets/sports ... t.2018.pdf

Some highlights:
The average NFL franchise (as of 2018) was worth $2.4B
The average for MLB and the NBA was $1.65B
The average for the NHL was about $600m

Interesting that as recently as 2000, the average for the NFL was only $400m. Also interesting that the NHL had a billion dollar team before the NBA.

_________________
To IkeSouth, bigfan wrote:
Are you stoned or pissed off, or both, when you create these postings?


Top
 Profile  
 
 Post subject: Re: Future of MLB
PostPosted: Wed Mar 02, 2022 1:02 pm 
Offline
User avatar

Joined: Wed Jul 04, 2018 9:43 am
Posts: 2574
pizza_Place: Palermo's 95th
Frank Coztansa wrote:
So how long do we think this lasts?

I think the most optimistic timeline is Opening Day around May 1st. It would not surprise me if this drags to or past Memorial Day though.

Its just brutal.


The 1994 strike took out abot six weeks of games in 94 and about three weeks of games in 95. There seems to be a similar level of acrimony here, so I'm going to say 8 weeks worth of games and a start date around June 1st.


Top
 Profile  
 
 Post subject: Re: Future of MLB
PostPosted: Wed Mar 02, 2022 1:09 pm 
Offline
User avatar

Joined: Thu Jun 22, 2006 3:55 pm
Posts: 33214
Location: Wrigley
pizza_Place: Warren Buffet of Cock
Ok Braves were worth $1.9B four years ago. I wonder how the new stadium figures into the value today?

_________________
Hawaii (fuck) You


Top
 Profile  
 
 Post subject: Re: Future of MLB
PostPosted: Wed Mar 02, 2022 1:13 pm 
Offline
User avatar

Joined: Sun Nov 26, 2006 8:10 pm
Posts: 38609
Location: "Across 110th Street"
Jaw Breaker wrote:
denisdman wrote:
The proper measure of profits is in relation to the value of the asset or so called opportunity cost. Typically an equity investor would require at least 10% average annually on an investment. So what are the Braves worth? $3B?

If they only earned $104M, then that asset is way underperforming. Now, of course, like real estate we have to take into account the unrealized capital gain on the value of the franchise. So I suspect they realized a reasonable return overall.


Here is an interesting link regarding franchise values:

https://law.marquette.edu/assets/sports ... t.2018.pdf

Some highlights:
The average NFL franchise (as of 2018) was worth $2.4B
The average for MLB and the NBA was $1.65B
The average for the NHL was about $600m

Interesting that as recently as 2000, the average for the NFL was only $400m. Also interesting that the NHL had a billion dollar team before the NBA.


That ESPN largely walked away from the prior coverage should've been a wake-up call but the wanton stupidity of the owners prevented that

Of course the idiot players chafing at every proposed change didn't help either.

_________________
There are only two examples of infinity: The universe and human stupidity and I'm not sure about the universe.


Top
 Profile  
 
 Post subject: Re: Future of MLB
PostPosted: Wed Mar 02, 2022 1:28 pm 
Offline
User avatar

Joined: Mon Aug 07, 2006 8:35 pm
Posts: 10872
Location: Parrish, FL
pizza_Place: 1. Peaquods 2. Aurelios
Warren Newson wrote:
Frank Coztansa wrote:
So how long do we think this lasts?

I think the most optimistic timeline is Opening Day around May 1st. It would not surprise me if this drags to or past Memorial Day though.

Its just brutal.


The 1994 strike took out abot six weeks of games in 94 and about three weeks of games in 95. There seems to be a similar level of acrimony here, so I'm going to say 8 weeks worth of games and a start date around June 1st.

May 1 is optimistic, but I think that is the date where both sides will start seriously having "uh oh" shit my pants thoughts. Baseball starting after Memorial Weekend starts to look really ugly for both sides.

I'll say game 1 of regular season is May 5 or 6.

I'm clear on what the owners want....all of which is bad for the game. The MLBPA doesn't seem to be asking for much since they dropped their age based Free agency demand. That (IMO) should have been where hey dug their heels. Last report is $725,000 league minimum....that's pretty reasonable. $85 pre-arbitration bonus pool....that's probably way over what they will get, and higher luxury tax thresholds. Seems both sides have already agreed a draft lottery is a good idea, so that's close.

I won't lose any sleep over the season starting early May, but anything later will royally piss me off.

_________________
This Ends in Antioch wrote:
brick (/brik/) verb
1. block or enclose with a wall of bricks
2. Proper response would be to ask an endless series of follow ups until the person regrets having spoken to you in the first place.


Top
 Profile  
 
 Post subject: Re: Future of MLB
PostPosted: Wed Mar 02, 2022 2:05 pm 
Offline
User avatar

Joined: Sat Mar 24, 2018 9:19 pm
Posts: 32562
pizza_Place: What??
Brick wrote:
Nardi wrote:
Brick wrote:
Are you saying they are lying about talking to a MLBPA spokesman? This was done in 2018 in a major news source. I don't think MLBPA has called them out for making it up.

MLB Advanced Media is included in the data in the chart. Based on the date of the Disney purchase, it probably would be in the 2018 numbers but the chart only goes up to 2017 since the article was written in 2018.

How do we look at the Braves $104 million profit after the 2021 revenues have been dispersed?

What do you mean?

The Braves made $104 million profit after $457 million spent. That seems to be a justifiable profit for the World Series champions.

Can we call that $561M in revenue?


Top
 Profile  
 
 Post subject: Re: Future of MLB
PostPosted: Wed Mar 02, 2022 2:30 pm 
Offline
User avatar

Joined: Wed Jun 21, 2006 6:57 pm
Posts: 93295
Location: To the left of my post
Nardi wrote:
Brick wrote:
Nardi wrote:
Brick wrote:
Are you saying they are lying about talking to a MLBPA spokesman? This was done in 2018 in a major news source. I don't think MLBPA has called them out for making it up.

MLB Advanced Media is included in the data in the chart. Based on the date of the Disney purchase, it probably would be in the 2018 numbers but the chart only goes up to 2017 since the article was written in 2018.

How do we look at the Braves $104 million profit after the 2021 revenues have been dispersed?

What do you mean?

The Braves made $104 million profit after $457 million spent. That seems to be a justifiable profit for the World Series champions.

Can we call that $561M in revenue?

The math checks out.

_________________
You do not talk to me like that! I work too hard to deal with this stuff! I work too hard! I'm an important member of the CSFMB! I drive a Dodge Stratus!


Top
 Profile  
 
 Post subject: Re: Future of MLB
PostPosted: Wed Mar 02, 2022 6:44 pm 
Offline

Joined: Fri May 25, 2018 8:58 am
Posts: 6382
pizza_Place: Frozen
I wish Theo was involved in the negotiations.
-Jesse Rogers

Bernstein pointing out Manfred blasting Mike Trout in the past. Also, Bernstein blames Trout doesn't have a huge Instagram following because baseball is sinking. Not he has no personality.


Top
 Profile  
 
 Post subject: Re: Future of MLB
PostPosted: Wed Mar 02, 2022 6:52 pm 
Offline

Joined: Fri Oct 24, 2008 10:28 am
Posts: 4129
denisdman wrote:
The proper measure of profits is in relation to the value of the asset or so called opportunity cost. Typically an equity investor would require at least 10% average annually on an investment. So what are the Braves worth? $3B?

If they only earned $104M, then that asset is way underperforming. Now, of course, like real estate we have to take into account the unrealized capital gain on the value of the franchise. So I suspect they realized a reasonable return overall.


I think another way to determine if owning a MLB franchise is an average or better performing asset is looking at the fact that every time a franchise is for sale, a half a dozen or more guys who have been successful in many different business areas trip over each other to buy the asset.


Top
 Profile  
 
 Post subject: Re: Future of MLB
PostPosted: Wed Mar 02, 2022 7:01 pm 
Offline
User avatar

Joined: Mon May 02, 2011 4:29 pm
Posts: 40829
Location: Everywhere
pizza_Place: giordanos
I think the problem with the smaller teams whether that is Pirates or Royals or even White Sox isn’t team value. It’s operating revenue. With having to invest in minors and all that modern development as well as stadium and payroll it’s probably hard.

I’m not crying for them but sitting on a $1B team valuation isn’t paying the bills so to speak.

_________________
Elections have consequences.


Top
 Profile  
 
 Post subject: Re: Future of MLB
PostPosted: Wed Mar 02, 2022 7:17 pm 
Offline
User avatar

Joined: Wed Jun 21, 2006 6:57 pm
Posts: 93295
Location: To the left of my post
One Post wrote:
denisdman wrote:
The proper measure of profits is in relation to the value of the asset or so called opportunity cost. Typically an equity investor would require at least 10% average annually on an investment. So what are the Braves worth? $3B?

If they only earned $104M, then that asset is way underperforming. Now, of course, like real estate we have to take into account the unrealized capital gain on the value of the franchise. So I suspect they realized a reasonable return overall.


I think another way to determine if owning a MLB franchise is an average or better performing asset is looking at the fact that every time a franchise is for sale, a half a dozen or more guys who have been successful in many different business areas trip over each other to buy the asset.

Are superyachts good investments?

_________________
You do not talk to me like that! I work too hard to deal with this stuff! I work too hard! I'm an important member of the CSFMB! I drive a Dodge Stratus!


Top
 Profile  
 
 Post subject: Re: Future of MLB
PostPosted: Wed Mar 02, 2022 7:17 pm 
Offline

Joined: Fri Oct 24, 2008 10:28 am
Posts: 4129
Frank Coztansa wrote:
denisdman wrote:
The players do not want to give MLB more revenues (ie 14 team playoffs) because they have no incentive to grow league revenues.
I don't care about the revenue aspect. I care about the watered down aspect of expanded playoffs. You can't play 162 then have a bunch of 1 game play in games determine who gets into the A/NLDS


What I don't understand about the players is that "expanded playoffs" is just a mechanism for the owners to spend less money and still have the appearance of success or contention. Also more playoff games = more money.

What the players should do is call the owner's bluff and say that sure we agree to expanded playoffs. Then propose an 8 team playoff. The Division Series is best of seven, the LCS is best of seven, and the World Series is best of 9.

That's the "expanded playoffs" the owners want, but it really shoves the concept up the asses of the Orioles, Indians, Pirates, and the other teams that want to limp into the playoffs with 80 wins.


Top
 Profile  
 
 Post subject: Re: Future of MLB
PostPosted: Wed Mar 02, 2022 7:19 pm 
Offline

Joined: Fri Oct 24, 2008 10:28 am
Posts: 4129
Brick wrote:
One Post wrote:
denisdman wrote:
The proper measure of profits is in relation to the value of the asset or so called opportunity cost. Typically an equity investor would require at least 10% average annually on an investment. So what are the Braves worth? $3B?

If they only earned $104M, then that asset is way underperforming. Now, of course, like real estate we have to take into account the unrealized capital gain on the value of the franchise. So I suspect they realized a reasonable return overall.


I think another way to determine if owning a MLB franchise is an average or better performing asset is looking at the fact that every time a franchise is for sale, a half a dozen or more guys who have been successful in many different business areas trip over each other to buy the asset.

Are superyachts good investments?


Is a superyacht a business or a luxury? Regardless of your dipshit answer..

When you own an superyacht and run it as a business it sure the fuck is a good investment.


Top
 Profile  
 
 Post subject: Re: Future of MLB
PostPosted: Wed Mar 02, 2022 7:22 pm 
Offline
User avatar

Joined: Fri Sep 18, 2020 8:05 pm
Posts: 25208
pizza_Place: Pizanos
Brick wrote:
One Post wrote:
denisdman wrote:
The proper measure of profits is in relation to the value of the asset or so called opportunity cost. Typically an equity investor would require at least 10% average annually on an investment. So what are the Braves worth? $3B?

If they only earned $104M, then that asset is way underperforming. Now, of course, like real estate we have to take into account the unrealized capital gain on the value of the franchise. So I suspect they realized a reasonable return overall.


I think another way to determine if owning a MLB franchise is an average or better performing asset is looking at the fact that every time a franchise is for sale, a half a dozen or more guys who have been successful in many different business areas trip over each other to buy the asset.

Are superyachts good investments?

I’ll get back to you after I hear back on my application to the yacht repo task force.

_________________
Peter Clavin wrote:
Because you are stupid, maybe read some books educate yourself.
Nardi wrote:
We walk, talk, and won't shit our pants


Top
 Profile  
 
 Post subject: Re: Future of MLB
PostPosted: Wed Mar 02, 2022 7:23 pm 
Offline
User avatar

Joined: Fri Sep 18, 2020 8:05 pm
Posts: 25208
pizza_Place: Pizanos
One Post wrote:
Frank Coztansa wrote:
denisdman wrote:
The players do not want to give MLB more revenues (ie 14 team playoffs) because they have no incentive to grow league revenues.
I don't care about the revenue aspect. I care about the watered down aspect of expanded playoffs. You can't play 162 then have a bunch of 1 game play in games determine who gets into the A/NLDS


What I don't understand about the players is that "expanded playoffs" is just a mechanism for the owners to spend less money and still have the appearance of success or contention. Also more playoff games = more money.

What the players should do is call the owner's bluff and say that sure we agree to expanded playoffs. Then propose an 8 team playoff. The Division Series is best of seven, the LCS is best of seven, and the World Series is best of 9.

That's the "expanded playoffs" the owners want, but it really shoves the concept up the asses of the Orioles, Indians, Pirates, and the other teams that want to limp into the playoffs with 80 wins.

If they could subdivide those series to sell the rights across several carriers, there may be something there. All they really care about is the rights’ fees.

_________________
Peter Clavin wrote:
Because you are stupid, maybe read some books educate yourself.
Nardi wrote:
We walk, talk, and won't shit our pants


Top
 Profile  
 
 Post subject: Re: Future of MLB
PostPosted: Wed Mar 02, 2022 7:27 pm 
Offline

Joined: Fri Oct 24, 2008 10:28 am
Posts: 4129
This Ends in Antioch wrote:
One Post wrote:
Frank Coztansa wrote:
denisdman wrote:
The players do not want to give MLB more revenues (ie 14 team playoffs) because they have no incentive to grow league revenues.
I don't care about the revenue aspect. I care about the watered down aspect of expanded playoffs. You can't play 162 then have a bunch of 1 game play in games determine who gets into the A/NLDS


What I don't understand about the players is that "expanded playoffs" is just a mechanism for the owners to spend less money and still have the appearance of success or contention. Also more playoff games = more money.

What the players should do is call the owner's bluff and say that sure we agree to expanded playoffs. Then propose an 8 team playoff. The Division Series is best of seven, the LCS is best of seven, and the World Series is best of 9.

That's the "expanded playoffs" the owners want, but it really shoves the concept up the asses of the Orioles, Indians, Pirates, and the other teams that want to limp into the playoffs with 80 wins.

If they could subdivide those series to sell the rights across several carriers, there may be something there. All they really care about is the rights’ fees.


I mean they can package it any way they want, it's a potential X number of playoff games. The issue is that this isn't the "expanded playoffs" that the owners want, they want more teams to make the playoffs, not just more games. With more teams making the playoffs, and shorter series in the playoffs, your regular shitbox 79 win ($80MM payroll team) team can not only make the post season but get frisky in a series or two. So with more teams to "expand" the playoffs, they get more TV revenue and have to spend less to be a "playoff team".


Top
 Profile  
 
 Post subject: Re: Future of MLB
PostPosted: Wed Mar 02, 2022 7:34 pm 
Offline

Joined: Fri May 25, 2018 8:58 am
Posts: 6382
pizza_Place: Frozen
This is so great. "J-Hey Kid" going off on Instagram that MLB is negotiating in bad faith. That's like a bank robber complaining his bag of loot is too heavy.


Top
 Profile  
 
 Post subject: Re: Future of MLB
PostPosted: Wed Mar 02, 2022 7:50 pm 
Offline
User avatar

Joined: Wed Jun 21, 2006 6:57 pm
Posts: 93295
Location: To the left of my post
One Post wrote:
Brick wrote:
One Post wrote:
denisdman wrote:
The proper measure of profits is in relation to the value of the asset or so called opportunity cost. Typically an equity investor would require at least 10% average annually on an investment. So what are the Braves worth? $3B?

If they only earned $104M, then that asset is way underperforming. Now, of course, like real estate we have to take into account the unrealized capital gain on the value of the franchise. So I suspect they realized a reasonable return overall.


I think another way to determine if owning a MLB franchise is an average or better performing asset is looking at the fact that every time a franchise is for sale, a half a dozen or more guys who have been successful in many different business areas trip over each other to buy the asset.

Are superyachts good investments?


Is a superyacht a business or a luxury? Regardless of your dipshit answer..

When you own an superyacht and run it as a business it sure the fuck is a good investment.

Owning a sports franchise is a luxury item for billionaires.

You think Steve Ballmer and Cuban are in it for the profits? They can spend that money far better to make more money.

_________________
You do not talk to me like that! I work too hard to deal with this stuff! I work too hard! I'm an important member of the CSFMB! I drive a Dodge Stratus!


Top
 Profile  
 
 Post subject: Re: Future of MLB
PostPosted: Wed Mar 02, 2022 8:02 pm 
Offline
User avatar

Joined: Sun Nov 26, 2006 8:10 pm
Posts: 38609
Location: "Across 110th Street"
Brick wrote:
One Post wrote:
Brick wrote:
One Post wrote:
denisdman wrote:
The proper measure of profits is in relation to the value of the asset or so called opportunity cost. Typically an equity investor would require at least 10% average annually on an investment. So what are the Braves worth? $3B?

If they only earned $104M, then that asset is way underperforming. Now, of course, like real estate we have to take into account the unrealized capital gain on the value of the franchise. So I suspect they realized a reasonable return overall.


I think another way to determine if owning a MLB franchise is an average or better performing asset is looking at the fact that every time a franchise is for sale, a half a dozen or more guys who have been successful in many different business areas trip over each other to buy the asset.

Are superyachts good investments?


Is a superyacht a business or a luxury? Regardless of your dipshit answer..

When you own an superyacht and run it as a business it sure the fuck is a good investment.

Owning a sports franchise is a luxury item for billionaires.

You think Steve Ballmer and Cuban are in it for the profits? They can spend that money far better to make more money.

Ask the late Paul Allen's sister.

_________________
There are only two examples of infinity: The universe and human stupidity and I'm not sure about the universe.


Top
 Profile  
 
 Post subject: Re: Future of MLB
PostPosted: Wed Mar 02, 2022 8:09 pm 
Offline

Joined: Fri Oct 24, 2008 10:28 am
Posts: 4129
Brick wrote:
One Post wrote:
Brick wrote:
One Post wrote:
denisdman wrote:
The proper measure of profits is in relation to the value of the asset or so called opportunity cost. Typically an equity investor would require at least 10% average annually on an investment. So what are the Braves worth? $3B?

If they only earned $104M, then that asset is way underperforming. Now, of course, like real estate we have to take into account the unrealized capital gain on the value of the franchise. So I suspect they realized a reasonable return overall.


I think another way to determine if owning a MLB franchise is an average or better performing asset is looking at the fact that every time a franchise is for sale, a half a dozen or more guys who have been successful in many different business areas trip over each other to buy the asset.

Are superyachts good investments?


Is a superyacht a business or a luxury? Regardless of your dipshit answer..

When you own an superyacht and run it as a business it sure the fuck is a good investment.

Owning a sports franchise is a luxury item for billionaires.

You think Steve Ballmer and Cuban are in it for the profits? They can spend that money far better to make more money.


Steve Ballmer and Cuban are egomaniacs who incessantly crave attention and self gratifying accolades, that is why they own sports franchise.
Oh yeah, and they are also interested in the handsome annual profits and rapidly increasing value of their assets. Cuban bought the Mavs for 280MM. It's now worth north of 2.7BB. When you risk adjust that for the relative safety of the US Sports Entertainment industry, that's a fabulous return. Also when you consider the ability to lever that given the relative safety of the US Sports Entertainment industry, that's a fucking fabulous investment.

This idea of yours that owning the Texas Rangers is the same splurge as owning a helicopter is just beyond dumb.


Top
 Profile  
 
 Post subject: Re: Future of MLB
PostPosted: Wed Mar 02, 2022 8:14 pm 
Offline
User avatar

Joined: Sat Mar 24, 2018 9:19 pm
Posts: 32562
pizza_Place: What??
Brick wrote:
Nardi wrote:
Brick wrote:
Nardi wrote:
Brick wrote:
Are you saying they are lying about talking to a MLBPA spokesman? This was done in 2018 in a major news source. I don't think MLBPA has called them out for making it up.

MLB Advanced Media is included in the data in the chart. Based on the date of the Disney purchase, it probably would be in the 2018 numbers but the chart only goes up to 2017 since the article was written in 2018.

How do we look at the Braves $104 million profit after the 2021 revenues have been dispersed?

What do you mean?

The Braves made $104 million profit after $457 million spent. That seems to be a justifiable profit for the World Series champions.

Can we call that $561M in revenue?

The math checks out.

The reason I focus on the Braves is they are the only franchise with open books. 54% of 561 is $302M. They averaged 29,000 fans and were 8th in local TV revenue. MLB offer is $214M ceiling. With higher penalties than the last CBA.
I changed my mind. Players should offer revenue sharing.


Top
 Profile  
 
 Post subject: Re: Future of MLB
PostPosted: Wed Mar 02, 2022 8:38 pm 
Offline
User avatar

Joined: Fri Sep 18, 2020 8:05 pm
Posts: 25208
pizza_Place: Pizanos
Nardi wrote:
Brick wrote:
Nardi wrote:
Brick wrote:
Nardi wrote:
Brick wrote:
Are you saying they are lying about talking to a MLBPA spokesman? This was done in 2018 in a major news source. I don't think MLBPA has called them out for making it up.

MLB Advanced Media is included in the data in the chart. Based on the date of the Disney purchase, it probably would be in the 2018 numbers but the chart only goes up to 2017 since the article was written in 2018.

How do we look at the Braves $104 million profit after the 2021 revenues have been dispersed?

What do you mean?

The Braves made $104 million profit after $457 million spent. That seems to be a justifiable profit for the World Series champions.

Can we call that $561M in revenue?

The math checks out.

The reason I focus on the Braves is they are the only franchise with open books. 54% of 561 is $302M. They averaged 29,000 fans and were 8th in local TV revenue. MLB offer is $214M ceiling. With higher penalties than the last CBA.
I changed my mind. Players should offer revenue sharing.

They have expenses aside from salaries.

_________________
Peter Clavin wrote:
Because you are stupid, maybe read some books educate yourself.
Nardi wrote:
We walk, talk, and won't shit our pants


Top
 Profile  
 
 Post subject: Re: Future of MLB
PostPosted: Wed Mar 02, 2022 8:44 pm 
Offline
User avatar

Joined: Wed Jun 21, 2006 6:57 pm
Posts: 93295
Location: To the left of my post
Nardi wrote:
Brick wrote:
Nardi wrote:
Brick wrote:
Nardi wrote:
Brick wrote:
Are you saying they are lying about talking to a MLBPA spokesman? This was done in 2018 in a major news source. I don't think MLBPA has called them out for making it up.

MLB Advanced Media is included in the data in the chart. Based on the date of the Disney purchase, it probably would be in the 2018 numbers but the chart only goes up to 2017 since the article was written in 2018.

How do we look at the Braves $104 million profit after the 2021 revenues have been dispersed?

What do you mean?

The Braves made $104 million profit after $457 million spent. That seems to be a justifiable profit for the World Series champions.

Can we call that $561M in revenue?

The math checks out.

The reason I focus on the Braves is they are the only franchise with open books. 54% of 561 is $302M. They averaged 29,000 fans and were 8th in local TV revenue. MLB offer is $214M ceiling. With higher penalties than the last CBA.
I changed my mind. Players should offer revenue sharing.

But they won the title. Not exactly a good representation of everyone. Plus it includes things like rent for stuff near the park they own which isn't baseball revenue.

_________________
You do not talk to me like that! I work too hard to deal with this stuff! I work too hard! I'm an important member of the CSFMB! I drive a Dodge Stratus!


Top
 Profile  
 
 Post subject: Re: Future of MLB
PostPosted: Wed Mar 02, 2022 8:44 pm 
Offline
User avatar

Joined: Wed Jun 21, 2006 6:57 pm
Posts: 93295
Location: To the left of my post
One Post wrote:
Brick wrote:
One Post wrote:
Brick wrote:
One Post wrote:
denisdman wrote:
The proper measure of profits is in relation to the value of the asset or so called opportunity cost. Typically an equity investor would require at least 10% average annually on an investment. So what are the Braves worth? $3B?

If they only earned $104M, then that asset is way underperforming. Now, of course, like real estate we have to take into account the unrealized capital gain on the value of the franchise. So I suspect they realized a reasonable return overall.


I think another way to determine if owning a MLB franchise is an average or better performing asset is looking at the fact that every time a franchise is for sale, a half a dozen or more guys who have been successful in many different business areas trip over each other to buy the asset.

Are superyachts good investments?


Is a superyacht a business or a luxury? Regardless of your dipshit answer..

When you own an superyacht and run it as a business it sure the fuck is a good investment.

Owning a sports franchise is a luxury item for billionaires.

You think Steve Ballmer and Cuban are in it for the profits? They can spend that money far better to make more money.


Steve Ballmer and Cuban are egomaniacs who incessantly crave attention and self gratifying accolades, that is why they own sports franchise.
Oh yeah, and they are also interested in the handsome annual profits and rapidly increasing value of their assets. Cuban bought the Mavs for 280MM. It's now worth north of 2.7BB. When you risk adjust that for the relative safety of the US Sports Entertainment industry, that's a fabulous return. Also when you consider the ability to lever that given the relative safety of the US Sports Entertainment industry, that's a fucking fabulous investment.

This idea of yours that owning the Texas Rangers is the same splurge as owning a helicopter is just beyond dumb.

Your idea is that billionaires are lining up to buy sports franchises because they are a good use of money. They are luxury items.

_________________
You do not talk to me like that! I work too hard to deal with this stuff! I work too hard! I'm an important member of the CSFMB! I drive a Dodge Stratus!


Last edited by Brick on Thu Mar 03, 2022 6:42 am, edited 1 time in total.

Top
 Profile  
 
 Post subject: Re: Future of MLB
PostPosted: Wed Mar 02, 2022 10:44 pm 
Offline
User avatar

Joined: Thu Sep 30, 2010 3:40 pm
Posts: 16689
pizza_Place: Boni Vino
vitoscotti wrote:
This is so great. "J-Hey Kid" going off on Instagram that MLB is negotiating in bad faith. That's like a bank robber complaining his bag of loot is too heavy.


:lol:

I agree with One Post that owners not only see more revenue from added postseason games, but also face less pressure to add payroll if they can sneak into an expanded postseason. Still cracks me up that St. Louis added old man Lester at the deadline, went on a run to make the playoffs, then canned their manager.

_________________
To IkeSouth, bigfan wrote:
Are you stoned or pissed off, or both, when you create these postings?


Top
 Profile  
 
 Post subject: Re: Future of MLB
PostPosted: Thu Mar 03, 2022 8:30 am 
Offline
User avatar

Joined: Sun May 11, 2014 8:50 pm
Posts: 6347
pizza_Place: PizzaHut
:lol:



Top
 Profile  
 
 Post subject: Re: Future of MLB
PostPosted: Thu Mar 03, 2022 8:43 am 
Offline
User avatar

Joined: Wed Jun 21, 2006 6:57 pm
Posts: 93295
Location: To the left of my post
MLB has fallen.

_________________
You do not talk to me like that! I work too hard to deal with this stuff! I work too hard! I'm an important member of the CSFMB! I drive a Dodge Stratus!


Top
 Profile  
 
Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 515 posts ]  Go to page Previous  1 ... 7, 8, 9, 10, 11, 12, 13 ... 18  Next

All times are UTC - 6 hours [ DST ]


Who is online

Users browsing this forum: No registered users and 2 guests


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum

Search for:
Jump to:  
Powered by phpBB® Forum Software © phpBB Group