Baseball strike...does anyone really care??

[929PhoenixSquid]

Originally posted by andy669
[B]Belle I hate to quote people, but this statement really stuck out at me. Is this why you think they are striking (or thinking about it)? I seriously doubt this is the reason. As I said before, all they want is their fair share, just like the american worker. It just so happens that their fare share is in the millions. All of the major league teams took in a combined 3.4 billion dollars last year, and yet most of the teams still say openly that they lose money every year. Most people know that is for tax purposes, but the general public might not realize this. I'm sure there are people who think these owners actually take money out of their pockets to keep the franchises going. Gimme a break, these owners are getting rich off of what the players do on the field.

You have to understand that the 3.4 billion figure was most likely a "revenue" figure, which does not take into consideration all of the operating, financing, and investing expenses associated with the organization as a whole.

Tax implications asside, it is very likely that the owners of these teams ARE in fact sustaining a year to year loss. Try explaining the operations of a business to an uneducated ball player and you may very well acheive the Nobel Prize for it. These morons are good with a stick and a ball, not understanding the complex structures and operations of a business......

Finally, these team owners are holding out for the final SALE of their asset for the investment to be worthwhile. It's not the yearly profits that have produced dollar signs in their eyes, but the end pay-off when they finally dump it off on some other unsuspecting Jewish bastard.