Waste of International Bounty. New GM. Discuss.

[weams]

20 hours ago, Frobby said:

Do we know what, that the O’s have abundant funds?    Sure we do.    They had over $5 mm before the Rule 5 move, and couldn’t have spent that much on that deal.     

I assume they are very tight financially. I think anyone who states otherwise will have a lot of research that they are required to do to stand behind their opinion. 

[Frobby]

36 minutes ago, weams said:

I assume they are very tight financially. I think anyone who states otherwise will have a lot of research that they are required to do to stand behind their opinion. 

We have no idea, really.   Research isn’t going to yield an answer.    The Orioles’ finances are closely guarded.    

[weams]

3 minutes ago, Frobby said:

We have no idea, really.   Research isn’t going to yield an answer.    The Orioles’ finances are closely guarded.    

We only have the very smallest indication that perhaps the Orioles are living on revenue sharing and rights fees at this point. 

There is nothing to indicate great profit.

[sportsfan8703]

On 12/23/2018 at 8:35 AM, weams said:

We only have the very smallest indication that perhaps the Orioles are living on revenue sharing and rights fees at this point. 

There is nothing to indicate great profit.

Yeah but isn’t one reason that could be is that ownership considers are RSN, MASN, to be a separate enterprise?  We’re not co-mingling the two accounts for the success of the Orioles baseball team. 

[weams]

On 12/24/2018 at 4:06 PM, sportsfan8703 said:

Yeah but isn’t one reason that could be is that ownership considers are RSN, MASN, to be a separate enterprise?  We’re not co-mingling the two accounts for the success of the Orioles baseball team. 

Sure they are. And MASN is in great danger. Great. 

[weams]

On 12/24/2018 at 4:06 PM, sportsfan8703 said:

Yeah but isn’t one reason that could be is that ownership considers are RSN, MASN, to be a separate enterprise?  We’re not co-mingling the two accounts for the success of the Orioles baseball team. 

We are talking a venture that with the settlement (that @Frobby says they should have taken, and I believe him) supposedly produces less than 5 percent profit. That is with formica wood panel sets and host owned programing.

[Can_of_corn]

https://mobile.twitter.com/GOCPBL/status/1077870372115034112

[foxfield]

On 12/23/2018 at 8:35 AM, weams said:

We only have the very smallest indication that perhaps the Orioles are living on revenue sharing and rights fees at this point. 

There is nothing to indicate great profit.

Is there some indication that the Orioles are broke?

[Can_of_corn]

Just now, foxfield said:

Is there some indication that the Orioles are broke?

Considering how much TV, MLBAM and revenue sharing they have received in the last few years the only way the Orioles are any where near broke is if ownership has been pulling out large amounts of capital, to say, shore up a law firm for instance.

[weams]

5 minutes ago, Can_of_corn said:

Considering how much TV, MLBAM and revenue sharing they have received in the last few years the only way the Orioles are any where near broke is if ownership has been pulling out large amounts of capital, to say, shore up a law firm for instance.

What was their expense structure of both main entities? How much money has had to be escrowed?  How many owners have been part of the distributions?

[weams]

5 minutes ago, Can_of_corn said:

Considering how much TV, MLBAM and revenue sharing they have received in the last few years the only way the Orioles are any where near broke is if ownership has been pulling out large amounts of capital, to say, shore up a law firm for instance.

Were several contracts structured with differed compensation so that the MLB debt rules were not invoked? Could they support the vastly higher team payrolls of the unfortunately unsuccessful runs at the playoffs and World Series?

[Can_of_corn]

2 minutes ago, weams said:

What was their expense structure of both main entities? How much money has had to be escrowed?  How many owners have been part of the distributions?

They haven't had to escrow the MLBAM payouts.  They haven't had to escrow the national TV deals or the revenue sharing.

[Can_of_corn]

Just now, weams said:

Were several contracts structured with differed compensation so that the MLB debt rules were not invoked? Could they support the vastly higher team payrolls of the unfortunately unsuccessful runs at the playoffs and World Series?

They owe money to themselves right?

[weams]

1 hour ago, Can_of_corn said:

https://mobile.twitter.com/GOCPBL/status/1077870372115034112

How much is he looking for? Any idea?

[weams]

Just now, Can_of_corn said:

They haven't had to escrow the MLBAM payouts.  They haven't had to escrow the national TV deals or the revenue sharing.

Not to cover shortfalls and over expenditures? Lost revenue from home games lost or unattended? Are they out of that hole yet?