Orioles Had -$2.1 Million Operating Loss Last Season

[atomic]

Sorry I was off a few numbers.  The Orioles averaged 31,000 viewers a game and the Nationals 29,000 fans a game in 2011.  These were the worst numbers in MLB that year:

 

http://www.washingtonexaminer.com/orioles-and-nationals-rank-at-the-bottom-of-local-tv-ratings/article/149418

 

 

[Frobby]

48 minutes ago, cimota said:

Sorry I was off a few numbers.  The Orioles averaged 31,000 viewers a game and the Nationals 29,000 fans a game in 2011.  These were the worst numbers in MLB that year:

 

http://www.washingtonexaminer.com/orioles-and-nationals-rank-at-the-bottom-of-local-tv-ratings/article/149418

 

 

Fair enough.   I suspect that the Nats' viewership will never drop that low again, as their fan base has built up over the years.    But the Orioles' could.

[weams]

Look at last year's Orioles payroll. As a high water mark. 

"It's Baltimore, gentlemen. The Gods will not save you."

[wildcard]

6 hours ago, Frobby said:

And, to remind you, the teams do have to put the deferrals into an escrow account at a discounted rate 18 months after they are earned.   In 2018, we will be putting aside deferred comp for Chris Davis and others even though it won't be payable to them until later.  That's money that can't be spent on other things.

That maybe a liability on their books but it is not considered  as part of the payroll until its spent.  

[Frobby]

6 minutes ago, wildcard said:

That maybe a liability on their books but it is not considered  as part of the payroll until its spent.  

That’s fine, but in the real world it’s money they can’t spend.   

[wildcard]

1 minute ago, Frobby said:

That’s fine, but in the real world it’s money they can’t spend.   

When you are a billionaire that deferred money is small potatoes.

[Frobby]

1 minute ago, wildcard said:

When you are a billionaire that deferred money is small potatoes.

When you have a budget for player personnel, it’s real money.   Let’s say they’re escrowing $5.5 mm/yr to pay Davis’s $7 mm/yr in deferred comp.    That’s the difference between getting a $12 mm/yr pitcher and a $17.5 mm/yr pitcher, and it’s pretty huge IMO.   We’ve seen Dan give away supplemental draft picks for half that amount of money.    

[wildcard]

7 minutes ago, Frobby said:

When you have a budget for player personnel, it’s real money.   Let’s say they’re escrowing $5.5 mm/yr to pay Davis’s $7 mm/yr in deferred comp.    That’s the difference between getting a $12 mm/yr pitcher and a $17.5 mm/yr pitcher, and it’s pretty huge IMO.   We’ve seen Dan give away supplemental draft picks for half that amount of money.    

6m of Davis' pay is deferred each year not 7m.   That will  not start effecting the O's payroll until 2023.  Dan does not even consider it when signing players for 2018.   Well, accept for he probably can't defer a lot more in 2023 and beyond.

[weams]

1 hour ago, wildcard said:

When you are a billionaire that deferred money is small potatoes.

Really? I thought a business had to stand on its own. Especially one that is not owned in total. 

[Tx Oriole]

20 hours ago, theocean said:

Haven't seen this posted yet - but interesting article from Forbes regarding payroll and team value information about all 30 MLB teams:

Link

Orioles had an estimated -$2.1 million operating loss last season. Only other teams with operating losses last season were the Tigers (-$36.4 million), Dodgers (-$20.5 million), Marlins (-$2.2 million), and Royals (-$.9 million).

O's had the 9th highest payroll in baseball at $164.3 million.

I am not surprised. 

[Tx Oriole]

17 hours ago, Can_of_corn said:

Does it include the 60 million payout from Disney?

Of course it doesn't.

What? What 60 million payout from Disney? 

[Can_of_corn]

1 minute ago, Tx Oriole said:

What? What 60 million payout from Disney? 

The sell of MLBAM tech.  MLB has sold shares of it to Disney over each of the last three years.

[Tx Oriole]

15 minutes ago, Can_of_corn said:

The sell of MLBAM tech.  MLB has sold shares of it to Disney over each of the last three years.

Wow. I didn't know that. 

[weams]

6 minutes ago, Tx Oriole said:

Wow. I didn't know that. 

Yeah, they will be able to release Davis in three more years. 

[Frobby]

1 hour ago, wildcard said:

6m of Davis' pay is deferred each year not 7m.   That will  not start effecting the O's payroll until 2023.  Dan does not even consider it when signing players for 2018.   Well, accept for he probably can't defer a lot more in 2023 and beyond.

You have no idea what Dan (or Peter) considers when setting the payroll.    But you seem to be missing my point that they have to take cash money and put it in a separate account long before they pay it out to the player as deferred comp, and that’s money they can’t spend on current payroll or anything else.