Other costs include operating facilities, front office employees, scouting, minor league teams, marketing, draft bonuses, and a huge host of other operational expenses. Pohlad indicated he said from a cash flow perspective, the Twins would be lucky to break even in 2017. Forbes reported they think Operating Income (essentially positive cash flow) was $30M last year. That said, profitability from the franchises has a lot more to do with franchise value as businesses NEVER report profits and losses based solely on cash flow. P&L is based on growth of value combined with cash flow. For the Twins, Forbes estimated a $115M increase in value and a $30M operating income for a total profit of $145M for 2017. In regard to the Twins' potential revenue, a better product on the field makes an immense impact on revnue. The Royals had a revenue of $161M in 2012. Then, as the team began to perform, revenue grew, and after their World Series appearance in 2014 it skyrocketed from $178M to $231M in 2015, then to $273M in 2016. Yes, the ROYALS had significantly higher revenues than the Twins. What did the Royals do with that revenue? They reinvested it to grow the fan base and revenue pool. The Twins have not been willing to do that, instead being more focused on ensuring cash flow stability and positive operating income.