Re: Phil Castellini surprised that Opening Day tickets still unsold
Quote:
Originally Posted by
bucksfan2
Opening their books is a pipe dream. No company that isn't required by law to open their books voluntarily does so.
It would serve no purpose. Even if they did, folks would claim that they're burying money and even if they got past that, there'd be an argument of how much profit they should take. There'd be a ton of folks who think they should take zero profit until they sell the team.
Re: Phil Castellini surprised that Opening Day tickets still unsold
Quote:
Originally Posted by
bucksfan2
Opening their books is a pipe dream. No company that isn't required by law to open their books voluntarily does so.
It's official, I'll continue believing they didn't lose "their shirts" and are cheep buttheads.
Re: Phil Castellini surprised that Opening Day tickets still unsold
The only measure of success is winning the pennant.
Re: Phil Castellini surprised that Opening Day tickets still unsold
Quote:
Originally Posted by
LeatherPants
It's official, I'll continue believing they didn't lose "their shirts" and are cheep buttheads.
I think Oakland and TB are "cheep buttheads" but at least they know how to judge talent and put contending teams on the field. If those teams had payrolls like ours they'd be golden
Re: Phil Castellini surprised that Opening Day tickets still unsold
Quote:
Originally Posted by
bucksfan2
Opening their books is a pipe dream. No company that isn't required by law to open their books voluntarily does so.
Not to the public. But plenty of companies are compelled to open their books to 3rd party auditors. MLB teams should be no different.
Re: Phil Castellini surprised that Opening Day tickets still unsold
Quote:
Originally Posted by
Sea Ray
I think Oakland and TB are "cheep buttheads" but at least they know how to judge talent and put contending teams on the field. If those teams had payrolls like ours they'd be golden
I 100% want them to be smarter, I'm not arguing they shouldn't be smarter. But there's no reason they can't be both.
At the end of the day, both things are in Bob's hands. He's the one hiring these doofuses and he's the one who won't let these doofuses spend what they can afford, because winning isn't the priority.
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Quote:
Originally Posted by
Bob Sheed
Not to the public. But plenty of companies are compelled to open their books to 3rd party auditors. MLB teams should be no different.
If I was the head of the MLBPA I would have fought tooth and nail to be able to see the books before agreeing to a CBA.
Re: Phil Castellini surprised that Opening Day tickets still unsold
Quote:
Originally Posted by
Bob Sheed
Not to the public. But plenty of companies are compelled to open their books to 3rd party auditors. MLB teams should be no different.
Yea I am sure they have auditors, tax accountants, and tax lawyers. Just like every private company in this country, they are forced to file a tax return.
Those people are not allowed to release those books to anyone.
This is all an exercise in futility.
Re: Phil Castellini surprised that Opening Day tickets still unsold
Quote:
Originally Posted by
Bob Sheed
"Water? You mean like from the toilet?!"
Another post calling someone stupid. Always a classy move
Re: Phil Castellini surprised that Opening Day tickets still unsold
Quote:
Originally Posted by
bucksfan2
Yea I am sure they have auditors, tax accountants, and tax lawyers. Just like every private company in this country, they are forced to file a tax return.
Those people are not allowed to release those books to anyone.
This is all an exercise in futility.
I touched on this earlier, I think.
If MLB had a rule where team ownership had to invest all revenue back into the team, via allocations from their GM, and the auditors were there to prevent "creative" accounting when doing so. Actual numbers are kept in-house, and any violations are dealt with according to whatever the punishments are.
The owners enjoy having an asset that appreciates annually. The fanbase enjoys their hometown product, knowing that there are no longer any grifter owners skimming from the top.
Yes, it will never happen. Because grifters are gonna grift. But it would solve the number one problem in MLB right now.
Re: Phil Castellini surprised that Opening Day tickets still unsold
Quote:
Originally Posted by
bucksfan2
Never understood people who allow someone else to effect their happiness. I will watch the Reds because I enjoy watching the Reds. I will go to games with my family because my girls want to go to the games. I will buy overpriced beer because I want to drink beer and watch a baseball game.
Owners are going to get their money whether or not I decide to go to a game.
If a guy that ran a burger shop right by my house did something that I disagreed with to the point that it angered me, I'd get my burgers at another restaurant or make them at home. It doesn't mean I have to give up burgers.
I can still watch or listen to the Reds and discuss them here.
If I want to spend my hard earned money, I can watch baseball in Florence, UC in Clifton, Louisville, Dayton, Reds in Pittsburgh, Reds in Cleveland, or someone else's affiliate if visit my sister in Indianapolis.
Not everyone is willing or able to make some of those trips or sacrifice Reds home games, but outside of getting free tickets, I sure am.
Re: Phil Castellini surprised that Opening Day tickets still unsold
Quote:
Originally Posted by
Bob Sheed
Not to the public. But plenty of companies are compelled to open their books to 3rd party auditors. MLB teams should be no different.
Yep, my company makes private companies do it all the time. “You want to ship your crap, open your books so we can give you more credit”
If these teams want to build stadiums on taxpayer dime it should be a requirement that all of their finances are public.
Re: Phil Castellini surprised that Opening Day tickets still unsold
Quote:
Originally Posted by
RedTeamGo!
Yep, my company makes private companies do it all the time. “You want to ship your crap, open your books so we can give you more credit”
If these teams want to build stadiums on taxpayer dime it should be a requirement that all of their finances are public.
Problem is the owners are local businessmen and they get local politicians to float Bond and Tax levies that the voters approve and then the funds build the stadium for them.
So either don't vote in those guys or don't vote for the Bond measure.
Re: Phil Castellini surprised that Opening Day tickets still unsold
Quote:
Originally Posted by
westofyou
Problem is the owners are local businessmen and they get local politicians to float Bond and Tax levies that the voters approve and then the funds build the stadium for them.
So either don't vote in those guys or don't vote for the Bond measure.
Problem there is, typically both candidates are in the pockets of local business. So the "well just don't vote for them" strategy was compromised many many moons ago.
Re: Phil Castellini surprised that Opening Day tickets still unsold
Quote:
Originally Posted by
OGB
If a guy that ran a burger shop right by my house did something that I disagreed with to the point that it angered me, I'd get my burgers at another restaurant or make them at home. It doesn't mean I have to give up burgers.
I can still watch or listen to the Reds and discuss them here.
If I want to spend my hard earned money, I can watch baseball in Florence, UC in Clifton, Louisville, Dayton, Reds in Pittsburgh, Reds in Cleveland, or someone else's affiliate if visit my sister in Indianapolis.
Not everyone is willing or able to make some of those trips or sacrifice Reds home games, but outside of getting free tickets, I sure am.
Watching Florence Freedom games is not the same product as MLB. Since MLB shares ticket revenue, you're still giving the Reds money if you buy a Pittsburgh Pirates ticket vs the Reds
Re: Phil Castellini surprised that Opening Day tickets still unsold
Not sure if this has been posted - Fay says they lost $2 million last year - https://twitter.com/johnfayman/statu...45739357102091 - if its true, they'll make plenty this year.