Baseball Musings
Baseball Musings
September 21, 2005
Nationals Price Tag

It looks like the Washington Nationals will go for around $450 million dollars. MLB paid $120 million dollars for the team. So it looks like each team will receive over $10 million each when the franchise is sold. Look at it this way; twenty nine teams get to buy a #2 starter for a year!


Posted by David Pinto at 09:43 AM | Team Movements | TrackBack (0)
Comments

Yes, but that doesn't factor in the operational costs of the team over the past several seasons. I can't imagine that the 12,000 fans that they drew per night even paid for the post of Olympic Stadium, much less the salary for scouts, minor league players, etc.

There's an interesting story here, though -- it just requires a much more in-depth look at the team's assets and liabilities over the past 4 years.

One thing is for certain, though -- whatever profit is realized by each team won't be included in their yearly summary of "look, really, I'm losing money by owning this team!"

Posted by: Morisseau at September 21, 2005 10:40 AM

Go go gadget ridiculous contracts!

Posted by: Jason at September 21, 2005 12:04 PM

Agree that an in-depth analysis would make a good article. WSJ, you reading? Anybody out there a CPA? I imagine that a lot of the operating costs of the "business" can be written off. But I imagine lots of things about big biz that ain't always true.

Posted by: J at September 21, 2005 12:39 PM

Are there 29 #2 starters out there? Legitimate ones, that is.

Posted by: rbj at September 21, 2005 01:22 PM

One man's #3, is another man's #2. Just look at the royals and dodgers!

Zing!

Posted by: bmc at September 21, 2005 02:44 PM

rbj: The Phillies seem to have about 8 #2 starters, but not a single #1.

Posted by: Michael at September 21, 2005 08:11 PM

The teams did actually have to pony up the cash, so they'll get $15M each when it's sold.

Posted by: Al at September 21, 2005 11:56 PM
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