Cranny wrote: ↑03 Nov 2025 12:34 pm
Dazepster wrote: ↑03 Nov 2025 10:17 am
bretto12 wrote: ↑03 Nov 2025 10:13 am
The value of the franchise is not accessible. It is like equity in your house and on available if you sell. I would imagine that expenses on the stadium are increasing with age. Plus, I wonder what the back office salary positions are. You don't get top quality leadership cheap. I am sure we would all be surprised at the total cost of running a big league team.
Equity in a house or an asset can be tapped relatively easily if necessary without requiring a sale of that asset.
Alternatively, one could bring in or on new partners that must pay in at current valuations.
Stop doing the Bidding of Unrepentant Billionaires.
How did those billionaires get to be billionaires, Daze? They didn't get there by owning cash flow negative entities.
Correct.
Is owning a franchise in sports the same as those since as Forbes states the value has increased by
2.4 billion. MLB won't fail anytime soon. IF it does, the billionaire will be okay, much like when billionaires
have a project fail.
Can a team, as a single franchise of a product, run a closer margin even a negative margin for
a season or two, with the knowledge that a better product would return the demand that fell
off a cliff?
I know that you won't answer that. Your experience and your education treats businesses and cash flow
as always the same linear equation. I can respect that to some degree, just not in a business like MLB where
owners are sometimes seeing this as a hobby or feeding ego. Yet in a brand-new business, one that has a very risky possibility of
fail. how long on average does it take for them to realize profit?
I'm not against these people having a budget. It is a waste of keystrokes to even debate what
their budget should be. Crying poor though or comparing a MLB franchise like its Brown shoe company
can trigger reaction.
The MLB owners aren't anywhere near the position as those courageous people. The proof is actually the owners
themselves. When they do sell, they seem to do fine. The Orioles sold for
$1.75 billion in 2024. Mets for $2.5 billion. Bill could get out if it was hurting him. Even a Missouri
team sold for a billion. Do billionaires invest poorly?