Comments on: MLB Franchise Values, according to Forbes http://www.oscargamblesociety.com/mlb-franchise-values-according-to-forbes/ People don't think it be like it is, but it do. Sun, 20 May 2012 08:11:47 +0000 http://wordpress.org/?v=2.0.7 by: Cliffy http://www.oscargamblesociety.com/mlb-franchise-values-according-to-forbes/#comment-253 Sun, 22 Apr 2007 12:46:15 +0000 http://www.oscargamblesociety.com/mlb-franchise-values-according-to-forbes/#comment-253 In today's Springfield paper, they printed an Associated Press story discussing the Forbes findings. The author reported the Forbes figure that the Yankees showed a loss of $25.2 million in 2006 - and concluded that if they didn't have to pay ARod, they would've made money. Moron. Where are the AP editors? As has been discussed ad nauseum, (a) ARod's average salary is indeed $25.2 million over the ten-year deal, but (b) he's "only" getting about $22 million this year, due to the structure of the contract, and most importantly (c) the Rangers are paying over $6 million of that, meaning (d) the Yankees are actually only paying ARod about $16 million, give or take a couple hundred thousand. Also, I don't believe the profit/loss numbers from the YES network are included in the Yankee "loss" figures - and I'm reasonably confident that the YES network manages to turn a profit. I'm not sure where to check, or if we can even confirm, but I suspect either (a) the "Yankees" charge the "YES network" like $1 for the rights to broadcast the games, or more to the point, some figure far less than could be had on the open market, or (b) there's some other creative accounting which shows the Yankees losing money, and the YES network showing a 98% operating profit, or something like that. And yes, I'm confident the Sox do similar things with NESN - cuz if they don't, they're morons. And they don't strike me as morons. In today’s Springfield paper, they printed an Associated Press story discussing the Forbes findings. The author reported the Forbes figure that the Yankees showed a loss of $25.2 million in 2006 - and concluded that if they didn’t have to pay ARod, they would’ve made money. Moron. Where are the AP editors? As has been discussed ad nauseum, (a) ARod’s average salary is indeed $25.2 million over the ten-year deal, but (b) he’s “only” getting about $22 million this year, due to the structure of the contract, and most importantly (c) the Rangers are paying over $6 million of that, meaning (d) the Yankees are actually only paying ARod about $16 million, give or take a couple hundred thousand.

Also, I don’t believe the profit/loss numbers from the YES network are included in the Yankee “loss” figures - and I’m reasonably confident that the YES network manages to turn a profit. I’m not sure where to check, or if we can even confirm, but I suspect either (a) the “Yankees” charge the “YES network” like $1 for the rights to broadcast the games, or more to the point, some figure far less than could be had on the open market, or (b) there’s some other creative accounting which shows the Yankees losing money, and the YES network showing a 98% operating profit, or something like that.

And yes, I’m confident the Sox do similar things with NESN - cuz if they don’t, they’re morons. And they don’t strike me as morons.

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