MLB teams lost a combined $1.8 Billion last year

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Youboughtit
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MLB teams lost a combined $1.8 Billion last year

Post by Youboughtit »

MLB teams reportedly lost a combined $1.8 billion last year, with the New York Mets accounting for approximately $350 million of those losses. This financial information was reportedly shared privately with team owners, and a high payroll was a major factor in the Mets' significant losses.
Total losses: The total loss for all MLB teams was reported to be around $1.8 billion.
Mets' contribution: The New York Mets were the biggest contributor to this loss, reportedly accounting for about $350 million.
Reason for Mets' losses: The team's high payroll was cited as the primary reason for their financial losses.
Context: While the losses were significant, other financial metrics like the growth in franchise value and record revenues were not detailed in the report
Goldfan
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Re: MLB teams lost a combined $1.8 Billion last year

Post by Goldfan »

Youboughtit wrote: 13 Nov 2025 18:22 pm MLB teams reportedly lost a combined $1.8 billion last year, with the New York Mets accounting for approximately $350 million of those losses. This financial information was reportedly shared privately with team owners, and a high payroll was a major factor in the Mets' significant losses.
Total losses: The total loss for all MLB teams was reported to be around $1.8 billion.
Mets' contribution: The New York Mets were the biggest contributor to this loss, reportedly accounting for about $350 million.
Reason for Mets' losses: The team's high payroll was cited as the primary reason for their financial losses.
Context: While the losses were significant, other financial metrics like the growth in franchise value and record revenues were not detailed in the report
Cohen needs a proper advocate for Business Profits like BDW has on this forum……. :lol: :lol: :lol:
The Nard
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Re: MLB teams lost a combined $1.8 Billion last year

Post by The Nard »

Just the owners trying to gain a positional advantage, in advance of the upcoming labor negotiations. If it was a true loss, who in their right mind would own a MLB team? Better to own a Bananas team and barnstorm.
Goldfan
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Re: MLB teams lost a combined $1.8 Billion last year

Post by Goldfan »

The Nard wrote: 13 Nov 2025 18:37 pm Just the owners trying to gain a positional advantage, in advance of the upcoming labor negotiations. If it was a true loss, who in their right mind would own a MLB team? Better to own a Bananas team and barnstorm.
How much of the Dewitts salary, homes, cars, expenses are accounted for in “operating expenses”
Youboughtit
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Re: MLB teams lost a combined $1.8 Billion last year

Post by Youboughtit »

The Nard wrote: 13 Nov 2025 18:37 pm Just the owners trying to gain a positional advantage, in advance of the upcoming labor negotiations. If it was a true loss, who in their right mind would own a MLB team? Better to own a Bananas team and barnstorm.
3 of the last 5 teams put for sale were unable to find a buyer because of profitability. Parsers likely to make it 4/6. Apparently lost $250m last year
Youboughtit
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Re: MLB teams lost a combined $1.8 Billion last year

Post by Youboughtit »

Goldfan wrote: 13 Nov 2025 18:39 pm
The Nard wrote: 13 Nov 2025 18:37 pm Just the owners trying to gain a positional advantage, in advance of the upcoming labor negotiations. If it was a true loss, who in their right mind would own a MLB team? Better to own a Bananas team and barnstorm.
How much of the Dewitts salary, homes, cars, expenses are accounted for in “operating expenses”
He only considers gate and TV as Cardinals income. Everything else under different ventures. That’s why this is all a scam.
Goldfan
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Re: MLB teams lost a combined $1.8 Billion last year

Post by Goldfan »

Youboughtit wrote: 13 Nov 2025 18:45 pm
The Nard wrote: 13 Nov 2025 18:37 pm Just the owners trying to gain a positional advantage, in advance of the upcoming labor negotiations. If it was a true loss, who in their right mind would own a MLB team? Better to own a Bananas team and barnstorm.
3 of the last 5 teams put for sale were unable to find a buyer because of profitability. Parsers likely to make it 4/6. Apparently lost $250m last year
I’m not sure where you got that info. Last 3 sold teams. Not sure about Zalupski but the other 2 are Wall St. multi billionaires…..

Tampa Bay Rays: Sold to an ownership group led by Patrick Zalupski in September 2025.
Baltimore Orioles: Sold to David Rubenstein in March 2024.
New York Mets: Sold to Steve Cohen in 2020.
ramfandan
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Re: MLB teams lost a combined $1.8 Billion last year

Post by ramfandan »

Goldfan wrote: 13 Nov 2025 18:50 pm
Youboughtit wrote: 13 Nov 2025 18:45 pm
The Nard wrote: 13 Nov 2025 18:37 pm Just the owners trying to gain a positional advantage, in advance of the upcoming labor negotiations. If it was a true loss, who in their right mind would own a MLB team? Better to own a Bananas team and barnstorm.
3 of the last 5 teams put for sale were unable to find a buyer because of profitability. Parsers likely to make it 4/6. Apparently lost $250m last year
I’m not sure where you got that info. Last 3 sold teams. Not sure about Zalupski but the other 2 are Wall St. multi billionaires…..

Tampa Bay Rays: Sold to an ownership group led by Patrick Zalupski in September 2025.
Baltimore Orioles: Sold to David Rubenstein in March 2024.
New York Mets: Sold to Steve Cohen in 2020.
Wasn’t Tampa sold for $1.7 billion?
Padres reportedly up for sale today. Let’s see what the get.

Forbes had Cardinals valued currently at $2.55 Billion.
ramfandan
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Re: MLB teams lost a combined $1.8 Billion last year

Post by ramfandan »

That Cohen Met purchase in 2020 was for $2.4 B
In March 2025 , his Mets valued at $3.2 B
So $800M higher in 5 years or about 1/3 increase overall.
Mets are about 6th highest value franchise.
Goldfan
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Re: MLB teams lost a combined $1.8 Billion last year

Post by Goldfan »

ramfandan wrote: 13 Nov 2025 19:04 pm That Cohen Met purchase in 2020 was for $2.4 B
In March 2025 , his Mets valued at $3.2 B
So $800M higher in 5 years or about 1/3 increase overall.
Mets are about 6th highest value franchise.
The comment that buyers couldn’t be found is not accurate
jcgmoi
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Re: MLB teams lost a combined $1.8 Billion last year

Post by jcgmoi »

Wednesday's post had better comments.

viewtopic.php?t=1517778
brock118
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Re: MLB teams lost a combined $1.8 Billion last year

Post by brock118 »

Youboughtit wrote: 13 Nov 2025 18:22 pm MLB teams reportedly lost a combined $1.8 billion last year, with the New York Mets accounting for approximately $350 million of those losses. This financial information was reportedly shared privately with team owners, and a high payroll was a major factor in the Mets' significant losses.
Total losses: The total loss for all MLB teams was reported to be around $1.8 billion.
Mets' contribution: The New York Mets were the biggest contributor to this loss, reportedly accounting for about $350 million.
Reason for Mets' losses: The team's high payroll was cited as the primary reason for their financial losses.
Context: While the losses were significant, other financial metrics like the growth in franchise value and record revenues were not detailed in the report
That's what will happen when you pay one guy $122.175 million in one year.

Soto $75 million signing bonus + $46.875 salary + $300K award bonus..so far
Youboughtit
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Re: MLB teams lost a combined $1.8 Billion last year

Post by Youboughtit »

Goldfan wrote: 13 Nov 2025 18:50 pm
Youboughtit wrote: 13 Nov 2025 18:45 pm
The Nard wrote: 13 Nov 2025 18:37 pm Just the owners trying to gain a positional advantage, in advance of the upcoming labor negotiations. If it was a true loss, who in their right mind would own a MLB team? Better to own a Bananas team and barnstorm.
3 of the last 5 teams put for sale were unable to find a buyer because of profitability. Parsers likely to make it 4/6. Apparently lost $250m last year
I’m not sure where you got that info. Last 3 sold teams. Not sure about Zalupski but the other 2 are Wall St. multi billionaires…..

Tampa Bay Rays: Sold to an ownership group led by Patrick Zalupski in September 2025.
Baltimore Orioles: Sold to David Rubenstein in March 2024.
New York Mets: Sold to Steve Cohen in 2020.
The five most recent MLB teams put up for sale or sold are the Tampa Bay Rays, Minnesota Twins, Washington Nationals, Los Angeles Angels, and Baltimore Orioles. The Rays were sold in September 2025, while the Twins were reportedly put up for sale in October 2024, the Angels and Nationals explored sales in 2022, and the Orioles were sold in 2024.
Tampa Bay Rays: Sold to a new ownership group led by Patrick Zalupski, with the sale finalized in September 2025.
Minnesota Twins: Reportedly put up for sale in October 2024.
Baltimore Orioles: Sold to David Rubenstein's group in 2024.
Washington Nationals: Explored a sale in 2022, though a deal was not finalized.
Los Angeles Angels: Explored a sale in 2022, but the owner later took the team off the market, although he remains open to offers.
Red7
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Re: MLB teams lost a combined $1.8 Billion last year

Post by Red7 »

Are they willing to open their books and back that up? Yeah, that’s what I thought. I guess we’re just supposed to take their word for it.
Gob
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Re: MLB teams lost a combined $1.8 Billion last year

Post by Gob »

Wow owning an MLB team seems like a massive money loser omg these poor guys what are they gonna do oh yeah sell the team at an obscene profit
Goldfan
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Re: MLB teams lost a combined $1.8 Billion last year

Post by Goldfan »

Youboughtit wrote: 13 Nov 2025 20:50 pm
Goldfan wrote: 13 Nov 2025 18:50 pm
Youboughtit wrote: 13 Nov 2025 18:45 pm
The Nard wrote: 13 Nov 2025 18:37 pm Just the owners trying to gain a positional advantage, in advance of the upcoming labor negotiations. If it was a true loss, who in their right mind would own a MLB team? Better to own a Bananas team and barnstorm.
3 of the last 5 teams put for sale were unable to find a buyer because of profitability. Parsers likely to make it 4/6. Apparently lost $250m last year
I’m not sure where you got that info. Last 3 sold teams. Not sure about Zalupski but the other 2 are Wall St. multi billionaires…..

Tampa Bay Rays: Sold to an ownership group led by Patrick Zalupski in September 2025.
Baltimore Orioles: Sold to David Rubenstein in March 2024.
New York Mets: Sold to Steve Cohen in 2020.
The five most recent MLB teams put up for sale or sold are the Tampa Bay Rays, Minnesota Twins, Washington Nationals, Los Angeles Angels, and Baltimore Orioles. The Rays were sold in September 2025, while the Twins were reportedly put up for sale in October 2024, the Angels and Nationals explored sales in 2022, and the Orioles were sold in 2024.
Tampa Bay Rays: Sold to a new ownership group led by Patrick Zalupski, with the sale finalized in September 2025.
Minnesota Twins: Reportedly put up for sale in October 2024.
Baltimore Orioles: Sold to David Rubenstein's group in 2024.
Washington Nationals: Explored a sale in 2022, though a deal was not finalized.
Los Angeles Angels: Explored a sale in 2022, but the owner later took the team off the market, although he remains open to offers.
And you’re convinced that the teams who explored sales were unable to find buyers because of profitability?
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