HVL: Is that 30 million a real number????
Does that include all overhead of management costs of a MLB team
Or is that just Gross Income - The MLB players salaries total???...
There are signing bonus monies paid out.. These can be in the millions and are factored over years
Draft signings are not cheap anymore
ST is might be a nego when all the income - costs are added up... Certainly, not a big money maker...
Some monies go to contract overages to cover extra MiLB salaries... I would think..
Office costs, Man. wages and benis must be huge.... Does not Billy make 5 mil/year alone
Huge room, board and travel costs... think about the Management, MilB players on the A's, Scouts and Team moving about.. Wow!!!! Wonder, what the team's entourage cost is on a average day MLB Per Diem (travel included) on the road??? .... Betcha all of this is over 3 mil per year alone... A wild guess... But, I would think it is discussed a bunch when numbers are crunched.. A team at HQ must work real hard on this all year round....
I have the A's Grossing around 100 Mil... Gate/concess./parking/adverts is about 60 mil in Oakland based on last year's Attendance???... Less than 5 Mil from ST gate and sales... 30 to 35 MLB tax and Nat. TV package... Logo sales at 2 mil? ...Local TV and radio income cannot be much.. 2 mil tops.... This is very rough guessing on my part.... Have I left out anything???
Everything has to come out of this total...
So if it is a 100 - say a rough 60 in players MLB salaries... That leaves 40 mil to play with... 30 mil seems high with all the rest of the costs that must be backed out when factored in..
I may be low on the gross income figure too...
I do think they make money though... Just not 30% of total income... Think closer to 10% would be thought to be great... The Suzuki $$$$ dump last year, points to this kind of margin...
I would think the objective is to break even for most owners of MLB teams... In the past, the growth in value of the franchise covered the nego costs for many clubs... This may not be enough anymore though in this economy....
An interesting subject...