MLB owners trying to cut salary by 70% by pitting rich players vs poor players

charknicks

All Star
Joined
May 6, 2012
Messages
5,336
Reputation
416
Daps
11,652
Negged for making sense.

These cac owners continue to show their ass every damn time.

Ok. So what would YOU as an owner do if (using Washington Nationals numbers since they had average attandance of around 64%):

-you are losing $75 million in tickets sales (no fans for season, loss of 100%)
-you are losing $70 million in TV contract revenue (50% of season, usually get $140 million/year total)
-still paying $86 million in salary (50% of $172 million salaries for 2019)

In 2019, YOU, the Nats owner netted $42/$43 million ($75m-ticket, $140m- TV, $215m total minus $172m salaries)
Now, in 2020, YOU bring in $70m TV, $0 ticket, but pay out $86m salaries for a $16m LOSS, before any operating costs for your stadium.

Are you as the owner eating that loss?
 

Professor K.

rap game Paul Millsap
Joined
Sep 5, 2013
Messages
8,550
Reputation
2,887
Daps
33,191
Reppin
Atlanta, GA
Ok. So what would YOU as an owner do if (using Washington Nationals numbers since they had average attandance of around 64%):

-you are losing $75 million in tickets sales (no fans for season, loss of 100%)
-you are losing $70 million in TV contract revenue (50% of season, usually get $140 million/year total)
-still paying $86 million in salary (50% of $172 million salaries for 2019)

In 2019, YOU, the Nats owner netted $42/$43 million ($75m-ticket, $140m- TV, $215m total minus $172m salaries)
Now, in 2020, YOU bring in $70m TV, $0 ticket, but pay out $86m salaries for a $16m LOSS, before any operating costs for your stadium.

Are you as the owner eating that loss?
It take money to make money. 100 million/billionaire owners should be able to eat 16 mil if that means a viable product in the future :manny:

Also, with this deal, their salaries would probably be closer to 40-50 mil at max, which would be, by your numbers, a 20-30 million dollar PROFIT. So the owner makes close to/over half his money but the players make like 30% of theirs.

Are you as a player signing off on that? :unimpressed:
 

Rell Lauren

Banned
Joined
Nov 30, 2016
Messages
29,003
Reputation
-2,987
Daps
111,842
Reppin
NYC
Ok. So what would YOU as an owner do if (using Washington Nationals numbers since they had average attandance of around 64%):

-you are losing $75 million in tickets sales (no fans for season, loss of 100%)
-you are losing $70 million in TV contract revenue (50% of season, usually get $140 million/year total)
-still paying $86 million in salary (50% of $172 million salaries for 2019)

In 2019, YOU, the Nats owner netted $42/$43 million ($75m-ticket, $140m- TV, $215m total minus $172m salaries)
Now, in 2020, YOU bring in $70m TV, $0 ticket, but pay out $86m salaries for a $16m LOSS, before any operating costs for your stadium.

Are you as the owner eating that loss?

The money also has to be shared among the 30 teams per the revenue sharing agreement. No one is making money. People say that a billionaire should be able to weather the storm. Net worth is not cash on hand. They probably have millions in liquidity and the rest of their wealth in various assets including their businesses. I'm already resigned to the fact that there won't be any baseball if there is no gate. Merch and TV contracts aren't enough.
 

charknicks

All Star
Joined
May 6, 2012
Messages
5,336
Reputation
416
Daps
11,652
It take money to make money. 100 million/billionaire owners should be able to eat 16 mil if that means a viable product in the future :manny:

Also, with this deal, their salaries would probably be closer to 40-50 mil at max, which would be, by your numbers, a 20-30 million dollar PROFIT. So the owner makes close to/over half his money but the players make like 30% of theirs.

Are you as a player signing off on that? :unimpressed:

no, I am not signing off of this as a player. That wasnt in doubt. I want to see who is in just for the players making money without seeing the other side of the coin. Everyone is trying to make money. The players arent trying to lose more, and neither are the owners. Thats my view/point.
 

charknicks

All Star
Joined
May 6, 2012
Messages
5,336
Reputation
416
Daps
11,652
:hhh: The A’s are pitiful franchise

cancelling those minor league contracts

Yeah, I meant to mention this as well. Now this is a trash franchise move. They wont even pay their minor league guys damn $400/month to live. It would cost them just $1.3 million for the rest of the season and they leaving them out to dry. PLUS, the players cant even sign with other teams who will pay. Thats some bullshyt. By the way, the A's owner is reportedly worth $2 billion. Shameful.
 

charknicks

All Star
Joined
May 6, 2012
Messages
5,336
Reputation
416
Daps
11,652
The money also has to be shared among the 30 teams per the revenue sharing agreement. No one is making money. People say that a billionaire should be able to weather the storm. Net worth is not cash on hand. They probably have millions in liquidity and the rest of their wealth in various assets including their businesses. I'm already resigned to the fact that there won't be any baseball if there is no gate. Merch and TV contracts aren't enough.

Facts. These owners SHOULD have this money available. As we see with companies filing for bankruptcy a few weeks into this pandemic, somehow only us regular people are suppose to have 3-6 months on hand for emergencies, and these owners' worth and cash on hand are inflated. Most of these big 'net worth' amounts are in real estate, stocks and proposed value in businesses. All inflated, fake numbers. 80-90% of businesses, people, etc. arent really cash liquid and ready for the smoke.
 
Top