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It looks like Major League Baseball has been using "Million Man March" math. We're supposed to believe that only five teams made a profit last year, and that the Yankees, the top moneymaker, only made $8.2 million? This is like when Art Buchwald sued Paramount for stealing his idea for "Coming to America," and the movie studio claimed that it lost money on the movie!
1 posted on 12/06/2001 1:41:30 PM PST by NYCVirago
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To: Sabertooth; F16Fighter; KLT; BluesDuke
Pinging you...
2 posted on 12/06/2001 1:42:37 PM PST by NYCVirago
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To: NYCVirago
Well, ARod has half of it. Imagine if these poor guys had to pay for their own stadiums. They'd really be in a hole.
3 posted on 12/06/2001 1:46:52 PM PST by Tacis
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To: NYCVirago
No kidding... considering the player salaries and cost of tickets, I've cooled off from baseball.
4 posted on 12/06/2001 1:48:25 PM PST by nikola
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To: NYCVirago
Next we'll discover that the owners are all vulnerable adults who need to have their teams placed into a conservatorship. Or better yet, that all of the owners had brain transplants with 8 year olds, who only understand what they want, and not the cost of what they want.

You're 100% right about the Yankess. I find it extremely hard to believe that with their cable contract (worth over $80 million) that they only made a profit of $8 million. Bunch of crap!!!!!

By the way, keep me in mind for future pings. Thanks.

5 posted on 12/06/2001 1:49:55 PM PST by GreatOne
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To: NYCVirago
Baseball Teams Lost Half a Billion, Selig Says

Selig has got to be a DemocRAT, the Lying Stinking piece of dreck.

6 posted on 12/06/2001 1:53:04 PM PST by jackbill
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To: NYCVirago
The Twins, an elimination candidate, made $536,000 after revenue sharing.
7 posted on 12/06/2001 1:54:42 PM PST by Fulbright
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To: NYCVirago
30 teams at $200 million per copy is a $6 BILLION enterprise that losses 500 million per year.

WOW I can hardly wait to invest....BARF.

11 posted on 12/06/2001 2:10:39 PM PST by Agent Smith
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To: NYCVirago
As far as I am concerned major league baseball ought to go out of business entirely. These absurd salaries make no economic sense at all. Then these owners come crying to the taxpapers about how hard they have it and want to build new stadiums after playing in them 10 or 20 years. I say good riddence!
12 posted on 12/06/2001 2:14:38 PM PST by RichardW
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To: NYCVirago
Selig is so full of crap he's been declared a Superfund site.
14 posted on 12/06/2001 2:22:09 PM PST by SoDak
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To: NYCVirago
Bud- let's look at that demand curve again. You can charge more $$$ and serve a smaller customer base or you can charge less and serve a large customer base. You need to put the working crew (aka ball players) on an incentive program... perform on and off the field like regular folks.
16 posted on 12/06/2001 2:23:47 PM PST by pointsal
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To: NYCVirago
Think if they'd cut players salaries they'd break even??
18 posted on 12/06/2001 2:31:38 PM PST by Robert Lomax
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To: NYCVirago
Now I know where the President learned his funny math. JUST JOCKING!!! Don’t waste your time flaming. I think Bush and team is the best thing that has ever happened to this country. Now, as for baseball, this makes no sense at all. Try to buy a team lately? If they were losing so much money, you think they would be giving them away.
20 posted on 12/06/2001 2:37:06 PM PST by paul51
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To: NYCVirago
For several years my wife and I had weekend season tickets to the Oakland A's. We stopped going several years ago when the whole salary thing got out of control. I now live in Arlington, TX and will not go to the ball park to watch some way overpaid kids play ball and charge me a price that is way out of line for the product.
24 posted on 12/06/2001 2:47:02 PM PST by engrpat
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To: NYCVirago
Cut salaries by 50% and the collective loss would only be a more reasonable $500 million.
25 posted on 12/06/2001 2:49:51 PM PST by daniel boob
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To: NYCVirago
Let me help everyone with this. The reason baseball loses money is that it is a glamour hobby business. Rich folks own the teams for the fun of it, i.e. the psychic income. Owning a winner generates even more psychic income, and thus the overpayment of player salaries. And that income is not on any balance sheet. Which only goes to show that it is nutso for public companies to own teams, unless they are viewed as a perk for the execs.

If you want to make money, as in money, own an anti glamour company, like a toxic waste dump.

29 posted on 12/06/2001 3:00:07 PM PST by Torie
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To: NYCVirago
Peace be with you all,

My question is, if all these teams are losing all this money, why aren't the 'poor' owners unloading these moneypits?


James R. McClure Jr.
Anti-Federalist Democrat

30 posted on 12/06/2001 3:13:03 PM PST by James R. McClure Jr.
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To: NYCVirago
Funny they didnt mention the Indians in the profit category, it's still nearly impossible to get tickets.

Too bad the Expos are going under, I had heard the Indians were going to play them next year and I was planning a trip to Montreal. Oh well, Toronto's closer.

32 posted on 12/06/2001 3:41:44 PM PST by Cap'n Crunch
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To: NYCVirago
Horse hockey!
33 posted on 12/06/2001 3:47:04 PM PST by doctor noe
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To: NYCVirago
Hmmmmmm. What's wrong with this picture, Virago? Something smells to high heaven. Sounds like we're being prepared for a big announcement, don't you think?
34 posted on 12/06/2001 3:57:26 PM PST by KLT
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To: NYCVirago
Well when they pay ball players 60million and charge 4 bucks for a dog what do you expect...
45 posted on 12/06/2001 5:13:59 PM PST by Patriot
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