Can we have a friendly, respectful discussion of what these numbers might mean?
I didn't again want to quote your whole response..... but I get very confused by the Forbes numbers.
Why in the world do a third of these teams show an operating loss?
Should we look at operating income compared to current value OR compared to investment???? Because many/most of these owners have benefited substantially from appreciation of their investment.
Should we be looking at operating income as a % of revenue where the Astros show a whopping 55.9 million on revenues of 186 million (30%)? No wonder they were (slightly mistakenly) called the most profitable team in baseball.
On amounts of operating income, I also wonder if something is omitted. I look, for example, at the difference between the Twins and the Rays. $40 million. As I recall, that is approximately the amount of the Twins' local TV deal (about $39 million annually if I remember correctly). Yet, when I looked at the Rays' TV schedule it is almost non-existent so their TV deal shouldn't be much. Minnesota's attendance was 967,000 more than Tampa's in 2013 (http://www.baseball-...2013-misc.shtml
) One would think that there would be more of a difference between the Twins and the Rays except, of course, for revenue sharing.
I find all of these numbers to be quite confusing. And I admit that I hated accounting (probably due more to the fact that I took it at 8 a.m. than the subject matter itself) -- so I am just not sure what to make of the numbers.