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View Full Version : Losing Money on a Ballclub?



RedsfaninMT
02-01-2012, 11:15 PM
Reading what the projected bids are for the Dodgers makes me wonder. It looks like McCourt will profit between $500 million and $1 Billion on the sale of the team. Current projections of the Reds estimate that if Castellini were to sell the team today he would average about $16 million per year return on the club over what he paid for the Reds.

So my question, doesn't it seem a bit backhanded to complain about losing all your money (as an owner) of a team, when selling your asset would be a capital gain that would make any stock owner jump in joy to see similar gains?

alett12
02-02-2012, 09:45 AM
Yeah it does but they have so much money they look at it like we would for a few thousand they see it like that for a few million