O’s: 4th most profitable team in 2022?

[Going Underground]

2 minutes ago, AnythingO's said:

All other things staying constant I expected higher Operating Income in 2022 than this, they were at $83M in 2021. Salaries, payroll plus expenses were basically flat year on year so either Revenue dropped or Operating Cost was up significantly. With the last BAMtech payment I doubt Revenue dropped so Operating Costs had to rise about $20M for the math to work. Op Cost has risen some under ME but only $7M in 2021 over prior year. Something not right here.

Maybe they accrued something Could have written something off like the wall..All that money that the Baltimore Sun didn't pay them for the scoreboard logo came due after all these years.Maybe wrote off the reminder of Chris Davis contract. Maybe the Paul McCartney concert lost millions 

[RarityFlaherty]

5 minutes ago, Es4M11 said:

I think it had less to do Davis having a kid, and more to do with MLB taking away his Adderall. Of course this is nothing but speculation on my part. That said, when MLB pulled Davis' therapeutic use exemption for Adderall and he had to switch to Vyvanse, that is when the wheels started to fall off. Then he spent the next couple seasons trying to get back his T.U.E. for Adderall.

If you ask me, the complaints he raised after the switch to Vyvanse about not being able to see the ball, and other comments he made at the time sort of seemed to me like he was dealing with stimulant withdraw. Of course this all opinion on my part.

Yeah I definitely remember feeling the same way about him switching off the adderall. But I still didn’t like the deal because he was a first baseman who struck out way too much. If he had elite contact skills, maybe, but even then I feel that first base just isn’t a valuable enough position to spend that kind of money on a player. I really wanted to see us save the money so we could afford to lock up Manny instead. 

[Es4M11]

2 minutes ago, RarityFlaherty said:

Yeah I definitely remember feeling the same way about him switching off the adderall. But I still didn’t like the deal because he was a first baseman who struck out way too much. If he had elite contact skills, maybe, but even then I feel that first base just isn’t a valuable enough position to spend that kind of money on a player. I really wanted to see us save the money so we could afford to lock up Manny instead. 

It was an incredibly poor decision to make such a commitment to Davis knowing full well that part of his success could be attributed to the drug he was taking. And that drug could be and was taken away from him. Not to mention he was already 30 years old, and had been suspended for a playoff run in 2014 due to taking Adderall that he no longer was allowed to use. Just flat out stupid anyway you slice it. And I'm pretty sure that was my opinion then, as it is now.

[Aristotelian]

Most surprising number on that list is Mets losses. They lost more than our whole 2016 max payroll. How can they possibly sustain that? I guess that is how a "good" organization spends money?

[AnythingO's]

18 minutes ago, Going Underground said:

Maybe they accrued something Could have written something off like the wall..All that money that the Baltimore Sun didn't pay them for the scoreboard logo came due after all these years.Maybe wrote off the reminder of Chris Davis contract. Maybe the Paul McCartney concert lost millions 

Something like that happened in 2019 where Payroll + Expenses were up an extra $20M. I guessed that was related to the Davis restructure. I suppose the wall cost could roll into Operating Costs but the reimbursement would show up somewhere. 

[AnythingO's]

55 minutes ago, Can_of_corn said:

Man I wish that was true. Go look up the poll some time. I'd take credit for not liking it but I dislike almost everything.

My memory is that only 15-20 voted against the Davis contract but there were likely several polls.

[owknows]

1 hour ago, Can_of_corn said:

Well, buddy, let's look at what was actually said.

You said "Why can't they blow all their money on Free Agents like the Mets, Padres, WhiteSox, BlueJays, and Twins?"

To which the reply was "FWIW, each of those teams were playoff contenders last year and 3 of them made it. "

And you, buddy, decided to interpret that as " we should be more like the teams that operate at a loss... because they make the playoffs.".  In one of those cool post my reply edits you seem fond of.

No one on this forum has been suggesting that the Orioles run at a deficient.  Not caring about their profitability isn't the same as advocating for them to work at a loss.

Some of us would like it if ownership spent more of the profits on reinvestment into the team.

Get it now, buddy?

What was actually said... buddy... was :

 

"FWIW, each of those teams were playoff contenders last year and 3 of them made it.

No fans give a crap about profitability."

 

Your choice to omit the only relevant words in the quote...  speak volumes to me about your integrity.

 

Buddy.

Edited March 23, 2023 by owknows

[Can_of_corn]

10 minutes ago, Aristotelian said:

Most surprising number on that list is Mets losses. They lost more than our whole 2016 max payroll. How can they possibly sustain that? I guess that is how a "good" organization spends money?

Are you being serious?

The owner is worth over 17 billion.

It might change in the future but right now he's not concerned about profitability.

Edited March 23, 2023 by Can_of_corn

[AnythingO's]

2 hours ago, wildcard said:

Is MASN profitable at this point?  They sure don't look like a profitable organization.

The article says the Rights fees are $61M each to O's and Nats. First I don't know where that number comes from as they are still litigating 2012-2016 Rights fees. Second, if that number is right then I doubt MASN has much profit after paying $122M out.

Edited March 23, 2023 by AnythingO's
typo

[Aristotelian]

13 minutes ago, Can_of_corn said:

Are you being serious?

The owner is worth over 17 billion.

It might change in the future but right now he's not concerned about profitability.

To be honest I don't follow any other teams closely. I knew the Mets owner was rich but I always figured these teams at least turned a profit. TIL. 

[24fps]

2 hours ago, owknows said:

Curse those guys in ownership and the front office for creating a financially healthy team while vastly improving it's future prospects.

 

Why can't they blow all their money on Free Agents like the Mets, Padres, WhiteSox, BlueJays, and Twins?

If they had blown a little bit more on starting pitching, I wouldn't have minded.

[Can_of_corn]

3 minutes ago, Aristotelian said:

To be honest I don't follow any other teams closely. I knew the Mets owner was rich but I always figured these teams at least turned a profit. TIL. 

He's an outlier.

The story I heard is his Father in law is not well and he's a big Mets fan so the owner is trying his best to get a title before he passes.

Also the Padres owner is a cancer survivor twice over which has led folks to believe he is also not worried about profits.

[Moose Milligan]

I'm not your buddy, guy.

[RarityFlaherty]

2 minutes ago, Moose Milligan said:

I'm not your buddy, guy.

Edited March 23, 2023 by RarityFlaherty

[Can_of_corn]

3 minutes ago, Moose Milligan said:

I'm not your buddy, guy.

You are also not Buddy Guy.

Spoiler