Category Archives: Marlins Ballpark & Finances

Forbes Florida Marlins Valuation was 97.4% Accurate

I thought I had been following this issue closely, but in preparing a longer post regarding the stadium deal, I came across an amazing number in the Florida Marlins Ballpark Project Report issued on January 22, 2008 by Miami-Dade County … Continue reading

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Judge Jeri Beth Cohen

Perception: The Braman lawsuit regarding the efforts to build the Marlins a stadium on the Orange Bowl site will determine if the local government’s [Global] megaplan are reasonable and whether the Marlins are paying their fair share.Reality: The case in … Continue reading

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The un-Fab Five – MLB’s Profitable Leeches

Please click on the spreadsheet to enlarge or print.

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My Interview with The Hardball Times

Please check out my interview with The Hardball Times. I owe a big thanks to John Beamer for giving me the opportunity to express my thoughts in such an extended format. Aside from hopefully making a good argument about how … Continue reading

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Florida Marlins Finances: Pigs get fat, hogs get stadiums?

Please click on the spreadsheet to enlarge or print. While most have heard of the Forbes reporting on the valuation and profitability of MLB and the Marlins, I think having their work summarized in a P&L financial statement format will … Continue reading

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Hanley Ramirez signing – Change in strategy?

Please click on spreadsheet to enlarge or print. At first glance, the signing of Hanley Ramirez appeared to signal a shift in philosophy for the Florida Marlins management. If there was going to be a shift, this would have been … Continue reading

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Do all MLB Teams have to lie about their finances?

Question: Do all MLB Teams have to lie about their finances? Answer: Only before they get their stadium built. In attempting to deny profitability, Florida Marlins President David Samson ends up stating obvious lies as I document in my posting … Continue reading

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Why silence is golden or Why operational incomes are stubborn things

Please click on the spreadsheet to enlarge or print Recently, the Marlins made a claim as to what they spend [$10 million] on marketing and suggested that that has implications as to their perceived profitability, i.e. “hidden costs.” Based on … Continue reading

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P1 – Rationale behind the numbers

Hey don’t those highlighted amounts on your Florida Marlins P&L Financial Statement mean you are guessing? Yes. But do me a favor, please print it out and follow me here – it won’t hurt. Each of the amounts highlighted ties … Continue reading

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P2 – Who are the Bad Guys?

Wrong question. OK, if the Marlins profitability is so obvious, how do they get away with suggesting that they are not profitable [or revenue-neutral, David Samson’s favorite obfuscation] and that their finances are too complicated for writers and fans to … Continue reading

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