Your STL Cardinals

[earp]

It looks like the St. Louis Cardinals are on track to turn a profit in 2025, though it may not be a blockbuster year financially.

Key Financial Highlights:

Revenue: $395 million

EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization): $34 million

Payroll: Around $135.9 million

Franchise Valuation: $2.55 billion

That EBITDA figure—essentially their operating profit—is a solid indicator that they’re in the black. It’s not massive compared to some of the league’s top earners, but it’s respectable, especially considering they’re in a bit of a rebuild phase.

They’re also keeping debt low (just 7% of franchise value), which helps maintain financial flexibility. So while they may not be splurging on superstar contracts this season, they’re managing their books well.

[Cranny]

It looks like the St. Louis Cardinals are on track to turn a profit in 2025, though it may not be a blockbuster year financially.

Key Financial Highlights:

Revenue: $395 million

EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization): $34 million

Payroll: Around $135.9 million

Franchise Valuation: $2.55 billion

That EBITDA figure—essentially their operating profit—is a solid indicator that they’re in the black. It’s not massive compared to some of the league’s top earners, but it’s respectable, especially considering they’re in a bit of a rebuild phase.

They’re also keeping debt low (just 7% of franchise value), which helps maintain financial flexibility. So while they may not be splurging on superstar contracts this season, they’re managing their books well.

What’s the debt service on $178.5 million?

[Bomber1]

It looks like the St. Louis Cardinals are on track to turn a profit in 2025, though it may not be a blockbuster year financially.

Key Financial Highlights:

Revenue: $395 million

EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization): $34 million

Payroll: Around $135.9 million

Franchise Valuation: $2.55 billion

That EBITDA figure—essentially their operating profit—is a solid indicator that they’re in the black. It’s not massive compared to some of the league’s top earners, but it’s respectable, especially considering they’re in a bit of a rebuild phase.

They’re also keeping debt low (just 7% of franchise value), which helps maintain financial flexibility. So while they may not be splurging on superstar contracts this season, they’re managing their books well.

Yay

[jcgmoi]

they’re managing their books well.

When did you look at their books?

[WLTFE]

Fans are finally telling DeTwit and Mo-ran to go [fork] themselves...and we were told fans were staying away due to the hot weather!

[Jatalk]

It looks like the St. Louis Cardinals are on track to turn a profit in 2025, though it may not be a blockbuster year financially.

Key Financial Highlights:

Revenue: $395 million

EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization): $34 million

Payroll: Around $135.9 million

Franchise Valuation: $2.55 billion

That EBITDA figure—essentially their operating profit—is a solid indicator that they’re in the black. It’s not massive compared to some of the league’s top earners, but it’s respectable, especially considering they’re in a bit of a rebuild phase.

They’re also keeping debt low (just 7% of franchise value), which helps maintain financial flexibility. So while they may not be splurging on superstar contracts this season, they’re managing their books well.

Not sure of source but how does it compare to 2024? Revenue? EBITDA?

[Jatalk]

It looks like the St. Louis Cardinals are on track to turn a profit in 2025, though it may not be a blockbuster year financially.

Key Financial Highlights:

Revenue: $395 million

EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization): $34 million

Payroll: Around $135.9 million

Franchise Valuation: $2.55 billion

That EBITDA figure—essentially their operating profit—is a solid indicator that they’re in the black. It’s not massive compared to some of the league’s top earners, but it’s respectable, especially considering they’re in a bit of a rebuild phase.

They’re also keeping debt low (just 7% of franchise value), which helps maintain financial flexibility. So while they may not be splurging on superstar contracts this season, they’re managing their books well.

What’s the debt service on $178.5 million?

Impossible to know without rare and terms but that debt number is over 5x EBITDA. That is a little high.

[Basil Shabazz]

It looks like the St. Louis Cardinals are on track to turn a profit in 2025, though it may not be a blockbuster year financially.

Key Financial Highlights:

Revenue: $395 million

EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization): $34 million

Payroll: Around $135.9 million

Franchise Valuation: $2.55 billion

That EBITDA figure—essentially their operating profit—is a solid indicator that they’re in the black. It’s not massive compared to some of the league’s top earners, but it’s respectable, especially considering they’re in a bit of a rebuild phase.

They’re also keeping debt low (just 7% of franchise value), which helps maintain financial flexibility. So while they may not be splurging on superstar contracts this season, they’re managing their books well.

Where did you get your information?

[Rojo Johnson]

It looks like the St. Louis Cardinals are on track to turn a profit in 2025, though it may not be a blockbuster year financially.

Key Financial Highlights:

Revenue: $395 million

EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization): $34 million

Payroll: Around $135.9 million

Franchise Valuation: $2.55 billion

That EBITDA figure—essentially their operating profit—is a solid indicator that they’re in the black. It’s not massive compared to some of the league’s top earners, but it’s respectable, especially considering they’re in a bit of a rebuild phase.

They’re also keeping debt low (just 7% of franchise value), which helps maintain financial flexibility. So while they may not be splurging on superstar contracts this season, they’re managing their books well.

If you’ve seen their books (which you must’ve done to know that they are managing them well), then I have 3 questions. One, how much is Cranny getting paid to lick all those FO boots? Two, does he get paid by the boot or just a flat fee? Three, did he get a raise after Len passed on to the great spring training grounds in the sky?

[butsir01]

It looks like the St. Louis Cardinals are on track to turn a profit in 2025, though it may not be a blockbuster year financially.

Key Financial Highlights:

Revenue: $395 million

EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization): $34 million

Payroll: Around $135.9 million

Franchise Valuation: $2.55 billion

That EBITDA figure—essentially their operating profit—is a solid indicator that they’re in the black. It’s not massive compared to some of the league’s top earners, but it’s respectable, especially considering they’re in a bit of a rebuild phase.

They’re also keeping debt low (just 7% of franchise value), which helps maintain financial flexibility. So while they may not be splurging on superstar contracts this season, they’re managing their books well.

$34M/$2.55B = 1.33%, about one-third of the return on Treasuries, with quite a bit more risk.
That has to mean at least two things. There must be steady and rather relentless tax-deferred appreciation of the ball club, such that this increase is perceived by the owners as very low-risk. Second, a subpar return such as this year’s must be an aberration.
Otherwise, they should just buy a mixture of munis, Treasuries and some stocks.

[scoutyjones2]

Fans are finally telling DeTwit and Mo-ran to go [fork] themselves...and we were told fans were staying away due to the hot weather!

Where did you hear that? On CT?

[Bob Kunush]

It looks like the St. Louis Cardinals are on track to turn a profit in 2025, though it may not be a blockbuster year financially.

Key Financial Highlights:

Revenue: $395 million

EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization): $34 million

Payroll: Around $135.9 million

Franchise Valuation: $2.55 billion

That EBITDA figure—essentially their operating profit—is a solid indicator that they’re in the black. It’s not massive compared to some of the league’s top earners, but it’s respectable, especially considering they’re in a bit of a rebuild phase.

They’re also keeping debt low (just 7% of franchise value), which helps maintain financial flexibility. So while they may not be splurging on superstar contracts this season, they’re managing their books well.

What’s the debt service on $178.5 million?

Impossible to know without rare and terms but that debt number is over 5x EBITDA. That is a little high.

Yes that is a fairly high debt service ratio. You conpare debt service to income not equity. Equity only pays the bills if you borrow from it or sell it. Having a low debt to asset ration is good but it doesn't pay the bills. That is only done with income. Their income is OK but nothing great and will be reduced again this year I assume.

The value of the franchise is high and if they continue to drop costs such as payroll and never bring it up you can expect them to sell in rhe coming years. If this is a reset and they spend more later it was just that, a reset.

[desertrat23]

It looks like the St. Louis Cardinals are on track to turn a profit in 2025, though it may not be a blockbuster year financially.

Key Financial Highlights:

Revenue: $395 million

EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization): $34 million

Payroll: Around $135.9 million

Franchise Valuation: $2.55 billion

That EBITDA figure—essentially their operating profit—is a solid indicator that they’re in the black. It’s not massive compared to some of the league’s top earners, but it’s respectable, especially considering they’re in a bit of a rebuild phase.

They’re also keeping debt low (just 7% of franchise value), which helps maintain financial flexibility. So while they may not be splurging on superstar contracts this season, they’re managing their books well.

What’s the debt service on $178.5 million?

They've got to be close to paying off the ballpark after 20 years, right?

[dugoutrex]

It looks like the St. Louis Cardinals are on track to turn a profit in 2025, though it may not be a blockbuster year financially.

Key Financial Highlights:

Revenue: $395 million

EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization): $34 million

Payroll: Around $135.9 million

Franchise Valuation: $2.55 billion

That EBITDA figure—essentially their operating profit—is a solid indicator that they’re in the black. It’s not massive compared to some of the league’s top earners, but it’s respectable, especially considering they’re in a bit of a rebuild phase.

They’re also keeping debt low (just 7% of franchise value), which helps maintain financial flexibility. So while they may not be splurging on superstar contracts this season, they’re managing their books well.

$34M/$2.55B = 1.33%, about one-third of the return on Treasuries, with quite a bit more risk.
That has to mean at least two things. There must be steady and rather relentless tax-deferred appreciation of the ball club, such that this increase is perceived by the owners as very low-risk. Second, a subpar return such as this year’s must be an aberration.
Otherwise, they should just buy a mixture of munis, Treasuries and some stocks.

unless they want to ... wait for it ... OWN A TEAM!

[Absolut]

It looks like the St. Louis Cardinals are on track to turn a profit in 2025, though it may not be a blockbuster year financially.

Key Financial Highlights:

Revenue: $395 million

EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization): $34 million

Payroll: Around $135.9 million

Franchise Valuation: $2.55 billion

That EBITDA figure—essentially their operating profit—is a solid indicator that they’re in the black. It’s not massive compared to some of the league’s top earners, but it’s respectable, especially considering they’re in a bit of a rebuild phase.

They’re also keeping debt low (just 7% of franchise value), which helps maintain financial flexibility. So while they may not be splurging on superstar contracts this season, they’re managing their books well.

What’s the debt service on $178.5 million?

Don’t you dare say the cards are profitable! Mo is my baby daddy. Grrrr

[Cranny]

Some people think operating income is bottom line after tax profit. Profit that can be used to buy FA players. It’s not.