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Thread: Losing Money on a Ballclub?

  1. #1
    Moderator RedsfaninMT's Avatar
    Join Date
    May 2011
    Bozeman, MT

    Losing Money on a Ballclub?

    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?

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  3. #2
    Member alett12's Avatar
    Join Date
    Nov 2011
    University of Cincinnati, Cincinnati, OH

    Re: Losing Money on a Ballclub?

    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

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