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Where is the missing money $$$$$


Redskins Rick

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Increase in sales , Increase in ticket prices, keep expenses down usually = profit .... unless the Orioles have some expense or Long term debt on the balance sheet we are not aware of ... Highly doubt it especially when all we ever hear about is the dreaded Budget word.... Bet the farm there is good equity on the O's balance sheet ...

We do owe Bobby Bonilla a few bucks if I'm not mistaken.

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Other expenses I forgot to mention were paying interest on team debt and gifts to charities. I don't know how much the Orioles give to Charity but I subscribe to the Baltimore Symphony and in the list of donors of over 100k a year it always has the Baltimore Orioles. It doesn't say how much it is over 100k but I bet it is a lot because they named the subscriber lounge after Peter.

And you also pay taxes on profit.

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That and the O's have debt. So they have to keep that debt vs EBITDA ratio acceptable.

Something tells me they are in ok shape on these various ratio analysis. Might have to net out some inter-company transactions but I think they are in good shape. It's not like we are asking them to step up and compete with large market clubs like the Royals and Twins.

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Something tells me they are in ok shape on these various ratio analysis. Might have to net out some inter-company transactions but I think they are in good shape. It's not like we are asking them to step up and compete with large market clubs like the Royals and Twins.

MLB debt rules require a 10 to 1 ratio of EBITDA to Debt. So question is what's the biggest debt the O's have. PA has refied the loan he and the group took to buy the O's. Those down years in attendance including 2007, 2008, 2009, 2010, 2011, and even 2012.. could have caused that ration to be more like 7 to 1. So it could explain the "lack" of spending this year.

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If Forbes is correct, and it should be since its a respectable organization and thats their expertise.

30+ million was the profit after the 2012 season.

Throw in 25+ more million, and less spending, and I think that 30 million figure has doubled.

That makes the $120M on payroll seem doable. Many of us have been using that figure. Imagine this team as is with another $40M in players added.

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Something tells me they are in ok shape on these various ratio analysis. Might have to net out some inter-company transactions but I think they are in good shape. It's not like we are asking them to step up and compete with large market clubs like the Royals and Twins.

http://www.forbes.com/teams/baltimore-orioles/

forbes says the debt load is 24%

I have no clue if this is reasonable or unreasonable.

For all the complaining about attendance last year.

forbes says the team had an increase of 21%,

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http://www.forbes.com/teams/baltimore-orioles/

forbes says the debt load is 24%

I have no clue if this is reasonable or unreasonable.

Ding Ding Ding! 24% of a $618m is $148m debt load. 10% of that $148m is $14.8M. The O's have to be free and clear $14.8m. So of the $30m in net profit.. Half is tied up in debt ratio up keep. So reality is O's had about $15.2 in spending cash with that $25 from TV money. O's spending hard cap is less then $120m if the owners of the team decided to not take any profits.

So what did we learn.. O's can't spend $120m plus yet. Owners (which includes others) decided to take a profit of $15.2m, divided 3 ways is comes out to $5m in profit per owner of the O's. God, the O's are just rolling in money.

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Ding Ding Ding! 24% of a $618m is $148m debt load. 10% of that $148m is $14.8M. The O's have to be free and clear $14.8m. So of the $30m in net profit.. Half is tied up in debt ratio up keep. So reality is O's had about $15.2 in spending cash with that $25 from TV money. O's spending hard cap is less then $120m if the owners of the team decided to not take any profits.

So what did we learn.. O's can't spend $120m plus yet. Owners (which includes others) decided to take a profit of $15.2m, divided 3 ways is comes out to $5m in profit per owner of the O's. God, the O's are just rolling in money.

I thought the 30 million was after the debt load payments were made, that way its called profit.

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