Tag Archives: Forbes MLB

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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P3 – C’mon dude, not even Loria?

Well in his case, let’s just say you should not worry about how his investment is doing. John Brattain from The Hardball Times documents it nicely. Look, the effort to shed light on the Marlins finances is not meant to … Continue reading

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P4 – How reliable is Forbes?

Since it is not in MLB’s interests to divulge or get into any specifics regarding their finances, they have generally have just said that Forbes was wrong and noted that they did not have access to MLB’s financial statements. However … Continue reading

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P5 – Could Florida do Wisconsin?

Could the Florida Marlins finances be reviewed as the Milwaukee Brewers were? I don’t know, but I doubt it. Any MLB team would fight it at all costs. The Brewers’ situation was a rare exception, given the fact that their … Continue reading

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P6 – What do the Locals say?

April 18, 2008 It’s a rite of spring: Forbes comes out with its team value estimates and tells the world the Marlins are raking in a huge profit … and the Marlins insist those numbers are pure fantasy. Here’s what … Continue reading

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P7 – Blog links by subject

April 2008 I have trouble trusting anyone who says “trust me,” so here is all the info which leads me to my conclusions. I will be updating this list periodically. Please pass along any suggestions or links you think would … Continue reading

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P8 – So what’s your point?

Drawing is of the newly proposed Florida Marlins Ballpark March 2008 As the Florida Marlins enter into a partnership with local government – given the public monies, albeit mostly tourist tax dollars, used to finance the Marlins new home in … Continue reading

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