Baseball's operating loss was $232 million this year, including a major league-leading $52.9 million by the Toronto Blue Jays.
Commissioner Bud Selig, summoned to testify Thursday before the House Judiciary Committee, released an unprecedented amount of financial information on the 30 major league teams.
While the Arizona Diamondbacks were a success on the field, winning the World Series in just their fourth season, they were a bottom-line bust, with an operating loss of $32.2 million, according to the report.
That was the third-highest operating loss in baseball, trailing only Toronto and the Los Angeles Dodgers ($45.3 million).
Eleven of the 30 teams had operating profits before revenue sharing, led by the New York Yankees at $40.9 million. Seattle was second at $34.3 million, followed by San Francisco at $19 million and Milwaukee at $14.4 million.
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Of course you will just dismiss this as lies by the evil cartel of baseball owners, but this is the best info available.
Did someone twist their arms to force them to trade a boatload of prospects for Juan Gonzalez who then walked away?
The Toronto Blue Jays were another team that sold out a year in advance before the present strip-mining ownership took over. If they are losing money, maybe it is because fans don't want to spend ever-escalating prices for ever more diluted talent.
And, yes, the owners are liars and, as I previously posted, you are taking their lies at face value. That is not OBJECTIVE evidence nor even very good evidence. It just happens to comport with your personal preferences.
If socialism (unearned revenue sharing) is the answer, it cannot have been a very good question!