'The Build ' or the 'Rebuild' ?

[Bomber1]

Billy has made $2 Billion off the Cardinals since he bought them. He’s such an idiot.

I don't have any idea how much, but I do know that "Bill" has not made that much. The owners in total may have made that much. I have no idea how many there are today, but at one time they numbered about 30.

He bought the team for little over $100 million. It’s now worth $2.5 Billion. Not hard to figure out.

If you buy a house for $400K, put 200K into it, and with a bit of market appreciation Zillow tells you it’s worth $750K, have you made $350K? You still live in the house.

Billy didn’t put in $2 billion. He put in $100 million. Spent enough on up keep on his property (maybe enough to break even every year) and realized a $2 billion profit. Not bad.

They haven’t sold. How could he possibly have realized a $2B profit without selling the team?

He didn’t put in $100MM. You’re pretending that there’s no payroll or operating expenses. I don’t know why you’d do this.

This is just pure ignorance, honestly.

Payroll and operating expenses come out of annual team revenue.
Dewitt doesn’t go “out of pocket” with those costs.

But he did put in $100 million to buy the team.

[Talkin' Baseball]

Billy has made $2 Billion off the Cardinals since he bought them. He’s such an idiot.

I don't have any idea how much, but I do know that "Bill" has not made that much. The owners in total may have made that much. I have no idea how many there are today, but at one time they numbered about 30.

He bought the team for little over $100 million. It’s now worth $2.5 Billion. Not hard to figure out.

If you buy a house for $400K, put 200K into it, and with a bit of market appreciation Zillow tells you it’s worth $750K, have you made $350K? You still live in the house.

Billy didn’t put in $2 billion. He put in $100 million. Spent enough on up keep on his property (maybe enough to break even every year) and realized a $2 billion profit. Not bad.

They haven’t sold. How could he possibly have realized a $2B profit without selling the team?

He didn’t put in $100MM. You’re pretending that there’s no payroll or operating expenses. I don’t know why you’d do this.

This is just pure ignorance, honestly.

Payroll and operating expenses come out of annual team revenue.
Dewitt doesn’t go “out of pocket” with those costs.

But he did put in $100 million to buy the team.

The updates to the facilities at Jupiter cost a little more than that.

[rightthinker4]

If you call it a build, you don't have to acknowledge that you let things go to (bleep). No ownership of a failed model, or execution- we're simply "building".

It’s a rebuild because of what the Cardinals once were.

[An Old Friend]

Billy has made $2 Billion off the Cardinals since he bought them. He’s such an idiot.

I don't have any idea how much, but I do know that "Bill" has not made that much. The owners in total may have made that much. I have no idea how many there are today, but at one time they numbered about 30.

He bought the team for little over $100 million. It’s now worth $2.5 Billion. Not hard to figure out.

If you buy a house for $400K, put 200K into it, and with a bit of market appreciation Zillow tells you it’s worth $750K, have you made $350K? You still live in the house.

Billy didn’t put in $2 billion. He put in $100 million. Spent enough on up keep on his property (maybe enough to break even every year) and realized a $2 billion profit. Not bad.

They haven’t sold. How could he possibly have realized a $2B profit without selling the team?

He didn’t put in $100MM. You’re pretending that there’s no payroll or operating expenses. I don’t know why you’d do this.

This is just pure ignorance, honestly.

you also seem to be overlooking the operating revenues... ticket prices, parking, concessions, media rights and throw in ball park village now. the 2 billion is right where he wants it, invested in the product so while it is inherent wealth he isn't being taxed on potential or suggested capital gains.

So, then, you agree that he has not “realized” a $2B profit.

Thanks.

[greyhawk]

Billy has made $2 Billion off the Cardinals since he bought them. He’s such an idiot.

I don't have any idea how much, but I do know that "Bill" has not made that much. The owners in total may have made that much. I have no idea how many there are today, but at one time they numbered about 30.

He bought the team for little over $100 million. It’s now worth $2.5 Billion. Not hard to figure out.

If you buy a house for $400K, put 200K into it, and with a bit of market appreciation Zillow tells you it’s worth $750K, have you made $350K? You still live in the house.

Billy didn’t put in $2 billion. He put in $100 million. Spent enough on up keep on his property (maybe enough to break even every year) and realized a $2 billion profit. Not bad.

They haven’t sold. How could he possibly have realized a $2B profit without selling the team?

He didn’t put in $100MM. You’re pretending that there’s no payroll or operating expenses. I don’t know why you’d do this.

This is just pure ignorance, honestly.

you also seem to be overlooking the operating revenues... ticket prices, parking, concessions, media rights and throw in ball park village now. the 2 billion is right where he wants it, invested in the product so while it is inherent wealth he isn't being taxed on potential or suggested capital gains.

So, then, you agree that he has not “realized” a $2B profit.

Thanks.

not yet -- but like my 401k portfolio it continues to grow -- you understand he is sitting on $2billion or more when/if he sells the team

[An Old Friend]

Billy has made $2 Billion off the Cardinals since he bought them. He’s such an idiot.

I don't have any idea how much, but I do know that "Bill" has not made that much. The owners in total may have made that much. I have no idea how many there are today, but at one time they numbered about 30.

He bought the team for little over $100 million. It’s now worth $2.5 Billion. Not hard to figure out.

If you buy a house for $400K, put 200K into it, and with a bit of market appreciation Zillow tells you it’s worth $750K, have you made $350K? You still live in the house.

Billy didn’t put in $2 billion. He put in $100 million. Spent enough on up keep on his property (maybe enough to break even every year) and realized a $2 billion profit. Not bad.

They haven’t sold. How could he possibly have realized a $2B profit without selling the team?

He didn’t put in $100MM. You’re pretending that there’s no payroll or operating expenses. I don’t know why you’d do this.

This is just pure ignorance, honestly.

Payroll and operating expenses come out of annual team revenue.
Dewitt doesn’t go “out of pocket” with those costs.

But he did put in $100 million to buy the team.

The highest their operating income has reportedly been in a single season was around $70MM

To get to $2B in profits realized, DeWitt would have needed to be the sole owner and had $70MM in profit for 3 straight decades.

It’s an absurd suggestion to say he’s realized $2B in profits. It’s nowhere near accurate.

It’s reportedly $56MM total over last 3 seasons and that followed losses of nearly $115MM the 2 seasons prior to that.

The math doesn’t math.

[An Old Friend]

Billy has made $2 Billion off the Cardinals since he bought them. He’s such an idiot.

I don't have any idea how much, but I do know that "Bill" has not made that much. The owners in total may have made that much. I have no idea how many there are today, but at one time they numbered about 30.

He bought the team for little over $100 million. It’s now worth $2.5 Billion. Not hard to figure out.

If you buy a house for $400K, put 200K into it, and with a bit of market appreciation Zillow tells you it’s worth $750K, have you made $350K? You still live in the house.

Billy didn’t put in $2 billion. He put in $100 million. Spent enough on up keep on his property (maybe enough to break even every year) and realized a $2 billion profit. Not bad.

They haven’t sold. How could he possibly have realized a $2B profit without selling the team?

He didn’t put in $100MM. You’re pretending that there’s no payroll or operating expenses. I don’t know why you’d do this.

This is just pure ignorance, honestly.

you also seem to be overlooking the operating revenues... ticket prices, parking, concessions, media rights and throw in ball park village now. the 2 billion is right where he wants it, invested in the product so while it is inherent wealth he isn't being taxed on potential or suggested capital gains.

So, then, you agree that he has not “realized” a $2B profit.

Thanks.

not yet -- but like my 401k portfolio it continues to grow -- you understand he is sitting on $2billion or more when/if he sells the team

That would mean he’s 80% owner or so. I think it’s unlikely that it’s anywhere near that number. I think Castellini alone owned 10% and he didn’t sell his shares to DeWitt.

[Clubmaker2]

regardless, cardinals ownership, (whoever they are) has a 2.4 billion unrealized capital gain in franchise value.


Then, think about all the other opportunities those size of asset can secure loans to do other things with.

Yes, professional sports franchise owners frequently use the high valuation, stability, and assets of their clubs to secure loans, which can then be used to finance other business ventures, acquire other teams, or invest in stadium-related real estate developments. This practice leverages the team as a "blue-chip" asset—one with highly predictable, growing revenue streams—to access capital at favorable rates.
ProPublica
ProPublica

[Cardinals1964]

Billy has made $2 Billion off the Cardinals since he bought them. He’s such an idiot.

I don't have any idea how much, but I do know that "Bill" has not made that much. The owners in total may have made that much. I have no idea how many there are today, but at one time they numbered about 30.

He bought the team for little over $100 million. It’s now worth $2.5 Billion. Not hard to figure out.

If you buy a house for $400K, put 200K into it, and with a bit of market appreciation Zillow tells you it’s worth $750K, have you made $350K? You still live in the house.

not apples for apples --- you don't make money selling tix for people to come to your house for some kind of profitable activity.... if you do... ... i digress. the cardinals made money each year to cover expenses so in this example they have made closer to $2 billion than not.

I sincerely doubt that DeWitt has claimed $2B in income on the Cardinals.

No need to doubt it. I’m positive he hasn’t.

[Cardinals1964]

Billy has made $2 Billion off the Cardinals since he bought them. He’s such an idiot.

I don't have any idea how much, but I do know that "Bill" has not made that much. The owners in total may have made that much. I have no idea how many there are today, but at one time they numbered about 30.

He bought the team for little over $100 million. It’s now worth $2.5 Billion. Not hard to figure out.

If you buy a house for $400K, put 200K into it, and with a bit of market appreciation Zillow tells you it’s worth $750K, have you made $350K? You still live in the house.

Billy didn’t put in $2 billion. He put in $100 million. Spent enough on up keep on his property (maybe enough to break even every year) and realized a $2 billion profit. Not bad.

They haven’t sold. How could he possibly have realized a $2B profit without selling the team?

He didn’t put in $100MM. You’re pretending that there’s no payroll or operating expenses. I don’t know why you’d do this.

This is just pure ignorance, honestly.

Payroll and operating expenses come out of annual team revenue.
Dewitt doesn’t go “out of pocket” with those costs.

But he did put in $100 million to buy the team.

The highest their operating income has reportedly been in a single season was around $70MM

To get to $2B in profits realized, DeWitt would have needed to be the sole owner and had $70MM in profit for 3 straight decades.

It’s an absurd suggestion to say he’s realized $2B in profits. It’s nowhere near accurate.

It’s reportedly $56MM total over last 3 seasons and that followed losses of nearly $115MM the 2 seasons prior to that.

The math doesn’t math.

The map doesn’t add up because you’re using the wrong formula.

[An Old Friend]

Billy has made $2 Billion off the Cardinals since he bought them. He’s such an idiot.

I don't have any idea how much, but I do know that "Bill" has not made that much. The owners in total may have made that much. I have no idea how many there are today, but at one time they numbered about 30.

He bought the team for little over $100 million. It’s now worth $2.5 Billion. Not hard to figure out.

If you buy a house for $400K, put 200K into it, and with a bit of market appreciation Zillow tells you it’s worth $750K, have you made $350K? You still live in the house.

Billy didn’t put in $2 billion. He put in $100 million. Spent enough on up keep on his property (maybe enough to break even every year) and realized a $2 billion profit. Not bad.

They haven’t sold. How could he possibly have realized a $2B profit without selling the team?

He didn’t put in $100MM. You’re pretending that there’s no payroll or operating expenses. I don’t know why you’d do this.

This is just pure ignorance, honestly.

Payroll and operating expenses come out of annual team revenue.
Dewitt doesn’t go “out of pocket” with those costs.

But he did put in $100 million to buy the team.

The highest their operating income has reportedly been in a single season was around $70MM

To get to $2B in profits realized, DeWitt would have needed to be the sole owner and had $70MM in profit for 3 straight decades.

It’s an absurd suggestion to say he’s realized $2B in profits. It’s nowhere near accurate.

It’s reportedly $56MM total over last 3 seasons and that followed losses of nearly $115MM the 2 seasons prior to that.

The math doesn’t math.

The map doesn’t add up because you’re using the wrong formula.

How much did they lose on their TV deal in the bankruptcy?

[CCard]

McGreevy was interviewed at TC . He mentioned former Cardinal P Lance Lynn called the Cardinals new transition as 'the Build' .

So for some , we may not be in a 'rebuild' just simply a 'build' moment. Like 'build' it and they will come ! lol
Get a chuckle over the semantics used to describe it . Does it make any difference what this new phase is called ?


https://www.101espn.com/episode/cardina ... cgreevy-2/

Look at who they traded:
1. Gray 36 years old / 1 year left: That is not a big loss.
2. Arenado: Not a big loss. Actually, him being traded might be a GAIN for the roster.
3. Contreras: Love him, but only 2 years left and plays 1B (which is a little easier to fill)
4. Donovan: Love him, but only 2 years left on his deal and probably not worth an extension. Not to mention JJ is almost here.

That is the most modest teardown in a 'rebuild' I have ever seen.

They are already in 'build' mode.

1. True but he is a big loss. He was the best starter on your team. Why didn't they go out and replace him? They have the money.
2. True. But they didn't just trade him. They're paying for trading him.
3. He was the most feared hitter on the team and a genuine power source. Now someone will have to make that up. Again, they could have signed
someone.
4. Probably the best all around player on the team aside from maybe Winn. This will hurt the Cards. I hope what they got in return will be of help.

Fact is people like me are more concerned with the fact they won't spend the money to be competitive. Trades are a part of baseball and we all know that. Gutting payroll and not signing some quality players to make the team competitive is planning to fail and that's just wrong.

[Cardinals1964]

Billy has made $2 Billion off the Cardinals since he bought them. He’s such an idiot.

I don't have any idea how much, but I do know that "Bill" has not made that much. The owners in total may have made that much. I have no idea how many there are today, but at one time they numbered about 30.

He bought the team for little over $100 million. It’s now worth $2.5 Billion. Not hard to figure out.

If you buy a house for $400K, put 200K into it, and with a bit of market appreciation Zillow tells you it’s worth $750K, have you made $350K? You still live in the house.

Billy didn’t put in $2 billion. He put in $100 million. Spent enough on up keep on his property (maybe enough to break even every year) and realized a $2 billion profit. Not bad.

They haven’t sold. How could he possibly have realized a $2B profit without selling the team?

He didn’t put in $100MM. You’re pretending that there’s no payroll or operating expenses. I don’t know why you’d do this.

This is just pure ignorance, honestly.

Payroll and operating expenses come out of annual team revenue.
Dewitt doesn’t go “out of pocket” with those costs.

But he did put in $100 million to buy the team.

The highest their operating income has reportedly been in a single season was around $70MM

To get to $2B in profits realized, DeWitt would have needed to be the sole owner and had $70MM in profit for 3 straight decades.

It’s an absurd suggestion to say he’s realized $2B in profits. It’s nowhere near accurate.

It’s reportedly $56MM total over last 3 seasons and that followed losses of nearly $115MM the 2 seasons prior to that.

The math doesn’t math.

The map doesn’t add up because you’re using the wrong formula.

How much did they lose on their TV deal in the bankruptcy?

What does that have to do with it?