Halladay, Oswalt, Hamels and Lee

[shack]

http://www.forbes.com/lists/2009/33/baseball-values-09_Philadelphia-Phillies_335119.html

According to the stats from 09 they are cutting things pretty close are they not?

Cutting things close is very different than not having (your original declaration) the revenue streams.

I'd call it spending money, to make money. Building a successful franchise on the field leads to even more revenue via being able to charge more for tickets (superior product and increased demand), more post season revenue, increases in merchandising and local broadcast revenues and all of those go towards increasing the value of the franchise if and when the owner decides to sell.

Sounds to me like they know exactly what they are doing.

 

[OnTheWayOut]

Cutting things close is very different than not having (your original declaration) the revenue streams.

I'd call it spending money, to make money. Building a successful franchise on the field leads to even more revenue via being able to charge more for tickets (superior product and increased demand), more post season revenue, increases in merchandising and local broadcast revenues and all of those go towards increasing the value of the franchise if and when the owner decides to sell.

Sounds to me like they know exactly what they are doing.

I agree with shack.

As with most pro sports teams the owners need not make a big profit year to year. If they can turn even a small profit it is a great year. The real profit comes when they sell the team. Per that Forbes article the team was bought for 30 mil and is worth 496 mil 28 years later. Profit of 466 mil or 16.6 mil profit per year .... so no, they're not cutting it close. They're getting by just fine and increasing the profit for when the team is sold.

 

[Rockslinger]

As with most pro sports teams the owners need not make a big profit year to year. If they can turn even a small profit it is a great year is worth 496 mil .

How can something that turns a SMALL profit be worth $496million? Are we talking greater fool theory? Like the guy who married your first wife after you divorced her?

 

[shack]

How can something that turns a SMALL profit be worth $496million?

Well, that seems to be the case here, doesn't it?

Annual profits are one thing, but one has to consider what the assets are worth as well.

 

[Rockslinger]

Annual profits are one thing, but one has to consider what the assets are worth as well.

Guess you're right. Somebody might be willing to pay $10billion for a painting that I wouldn't pay 2 cents for.

 

[OnTheWayOut]

I just used the poster's own article to refute his assertions. I didn't write or set the value. It is what it is.

Back to the pitching ..... last year the Phil's had H2O, for next year they are being dubbed R2C2.

Werth who? Bet he is happy to be in Washington now ...... NOT! I say Dominic Brown will take up most of the slack as well as Ben Francisco. They won't need to score 10 runs a game, 7 or 8 should be more than enough. Great times to be a Phillie's phan!

 

[maurice93]

True, but there's a reason they play the games, too.
BTW, Redsox have Lester, Bucholz, Beckett, Lackey, DiceK, Wake.

So how did that work for you this year? Lester not quite the golden boy anymore is he?

 

[shack]

Lester not quite the golden boy anymore is he?

He's now the KFC boy.

 

[pencilneckgeek2]

He's now the KFC boy.

Popeye's, I think.