BDW in his own words

[Gob]

Not very profitable? Ok how profitable is it then?

[Cranny]

Why are we rehashing comments from 5 years ago?

Does it matter when he was quoted??
If your owner says that MLB is a poor income source and he’s constantly whining about payroll, revenue, stadium financing….
Perhaps your owner shouldn’t have his capital tied up in a business that isn’t returning his needs.
This is an Ego play among the multi billionaires unless it was a family business passed down through generations…..
They get into this game for competition and winning and perhaps Cap Appreciation….of which BDW has most likely realized his max lifetime return so, perhaps its time to pass this Pro Sports Civic entity to deeper pockets who want to compete and can afford it and who dont really required an annual income stream from it.

Because the quote has been the subject of about 3000 threads in the last five years. The topic is getting created as if this is new information.

Obviously it speaks to the mindset of the current owner. If he and his partners require income and he states that MLB is a poor income source then why is he involved???

Cranny has never explained that. If the price of poker is too high, then why is Bill at the table?

Why is BIll at the table ? Well, you may be correct that price of poker is too much for him but he has a spot at the table because he is 1 of 30 guys that own the casino ? Last I read , the Cardinals have the 10th highest franchise value of all the MLB teams.
DeWitt bought the team in 1996 (29 years ago ) for $150M . Now 29 years later it is valued at $2.55 B Yes, that is a B .. BILLION ! If my math is correct , I think current value of the franchise is approximately 17 times more than when he purchases it from the Busch family . I am not a businessman .. To me 17 times more value in 29 years doesn't sound too shabby . Any accountants out there ?

To know why BDW, Jr. is still at the table, look at how BDW, Sr. originally got involved and his entire career in baseball.
Then look at BDW, Jr.’s entire career in baseball. It’s a long legacy. Not given up easily.

It's a very long legacy. Which is why it's sad to see it self-tarnished.

True. Good point.