Buying An MLB Franchise???

[nwfisch]

???

 

[Mr. Cub]

Championships make money.

 

[X]

For every one of the owners in major sports, it's primarily a business move. The object of business, of course, is to make money. Now, as mr. Cub said, championships make money...but if you don't think an owner's primary concern is the dollar, in pretty much every circumstance, you're refusing to understand the basic economics that I know you know.

 

[nwfisch]

Championships make money.

Not true.

http://www.chicagobusiness.com/arti...306159983/why-the-blackhawks-are-losing-money

Even with higher ticket and sponsorship revenues this season, Crain's estimates the Blackhawks annually spend between $10 million and $20 million more than they take in. The balance is made up from other companies under the Wirtz Corp. umbrella, including United Center Joint Venture.

I didn't hear money as an excuse once from Rocky Wirtz in building a Stanley Cup contending team.

 

[nwfisch]

Before I got into the game, teams were mostly owned, not by people who had it as a hobby, but by people who—that was their business. But it wasn’t a very successful business.

http://www.ethicsandentrepreneurship.org/20090720/interview-with-jerry-reinsdorf/

[video=youtube;Ac6h2wczxGA]http://www.youtube.com/watch?v=Ac6h2wczxGA[/video]

They sell every ticket, every game win or lose. Now you got my interest.

That's really unfortunate that the owner of the beloved Cubs thinks that.

 

[patg006]

Championships make money.

The Houston Astros last year were the most profitable team in the history of sports for one season.

They won 51 games.

 

[CSF77]

The team's TV contract also factors into this.


Answer: From the fan perspective: Winning.

Ownership perspective: Making cash.

It has become a have and have not playing field for MLB teams. That is why there was a 25 mil windfall of TV revenue sharing. It was not enough. The Cubs are split between 2 TV deals and are not able to keep up with big market teams that have those TV deals in place.

Now the Cubs are not the only team in this situation.

The problem with this easy question is it is not an easy question. Ya it is easy to just post something like this with out having any knowledge of the situation.

Sure spend truck loads to fund a championship team....err oh ya they did that and 2008 happened. Then 2009 when they could not add cash due to being over extended and with a shitty TV deal...and..now.

Is there a feasible amount? Sure if the farm is providing cost reduction as a core to the team then they add players around the core.

But to be honest here. Will tossing cash fix the Cubs? No. The Yanks do it because they are a 5 billion market vs the Cubs who are under a 1 billion market. Yes realistically speaking they are both "big" market but who are we trying to kid. 5 Billion market can spend 225 mil with little problems. Who needs a farm at that point.




But to the point of the question their main goal should be to run a profitable business model first. What is the point of investing that much into it unless you are worth way more and don't care.

To not have a plan in place to turn a profit becomes a losing plan in the end as the team becomes a money pit.

The Dodgers invested heavy because they came in with a big TV deal and the TV deal funded everything. Even they have said that they can not long term support what they are doing.

 

[Shawon0Meter]

If somebody with enough money to buy the Cubs bought the Cubs it would be possible to put a competitive team out there AND make a good profit.

 

[Mr. Cub]

The Houston Astros last year were the most profitable team in the history of sports for one season.

They won 51 games.

Really?? How? That's crazy to think about. You would think the Cubs would make more than the Astros... I guess probably counting in their lack of payroll, too?

 

[X]

If somebody with enough money to buy the Cubs bought the Cubs it would be possible to put a competitive team out there AND make a good profit.

Cuban wanted them...but not @ the $850M Ricketts paid. Why not? Bad business.

 

[nwfisch]

http://tracking.si.com/2013/08/09/mark-cuban-rips-bud-selig/

In 2009, his $1.3 billion bid for the Cubs was not included among finalists in the bidding. A Chicago Sun-Times report quoted a source saying, ”There’s no way Bud and the owners are going to let that happen. Zero chance.”

Yep. Cubs get stuck with the ugly bridesmaid as owner.

 

[beckdawg]

Do we really need another circle jerk topic about how people feel the Ricketts are the worst owners in the history of sports? Could we not just use the 5 others on here? I'm pretty sure everyone here gets it. You're beating a dead horse. The reality is it's not just who puts up the most money. Owners have to be approved by other owners. Cuban wasn't. The Ricketts put up the most money of those MLB approved. Had one of the other 3 finalist been chosen they might have spent even less than the Ricketts have.

The reality is they own the team. People need to stop living in some fantasy world where there is any other option.

 

[The Bandit]

All about the money. Championships only matter to fans and owners that want to make even more cash.

 

[chibears55]

Do we really need another circle jerk topic about how people feel the Ricketts are the worst owners in the history of sports? Could we not just use the 5 others on here? I'm pretty sure everyone here gets it. You're beating a dead horse. The reality is it's not just who puts up the most money. Owners have to be approved by other owners. Cuban wasn't. The Ricketts put up the most money of those MLB approved. Had one of the other 3 finalist been chosen they might have spent even less than the Ricketts have.

The reality is they own the team. People need to stop living in some fantasy world where there is any other option.

dont forget about the 7 yr agreement Zell insisted on for tax purposes that other potential owners may not of agreed on..
yes it getting old with the constant ricketts is cheap rant along with the Epstein sucks..
it is what it is..all the whining and crying on this board not going to change what ther doing, so instead of the usual piss n moan fest about the things over n over discuss the positives they have going for them going forward. .

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[CSF77]

Teams will spend after they get new TV deals. That is when they make team investments. Just the history of the game. Until the Cubs can make that cash in don't expect much.

A dated WGN deal and 25% comcast is nothing.

I fully expected for payroll to drop after it peaked. I did not expect it to drop below 120 mil though. Regardless there is no need on bitching about it. None of us know what the financials are here.

An any ways I take that question like would you rather turn a profit to keep you house or over spend on other things and put you house at risk to have a fun time.

Like do a round the world with 6 months of mortgage and come home to a shitty situation....kinda sucks

 

[beckdawg]

dont forget about the 7 yr agreement Zell insisted on for tax purposes that other potential owners may not of agreed on..
yes it getting old with the constant ricketts is cheap rant along with the Epstein sucks..
it is what it is..all the whining and crying on this board not going to change what ther doing, so instead of the usual piss n moan fest about the things over n over discuss the positives they have going for them going forward. .

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I was going to bring the Zell thing up but I realized the crowd that get off on this sort of topic clearly don't care what reasons/excuses you have for why a team logically wouldn't dump a truck load of money into the team payroll whether they are valid or not. I'm at the point where I've given up trying to reason with them. All I'm hoping is they can keep it into fewer topics rather than making one of these every week. If they want to have their "fun" bitching and moaning I suppose that's their right. Just hoping they can keep it to a minimum of topics.

 

[cubsneedmiracle]

If I had to choose a team to buy right now.. That I could do a full reworking of an organization..

It would be the Rockies.

They are in a full transition mode.. No more Helton.. Only a few prospects within a quick shot of the majors..

Colorado area being a good sports area that would easily support a winner and support them consistently.

Could be very profitable.

 

[patg006]

it is what it is..all the whining and crying on this board not going to change what ther doing, so instead of the usual piss n moan fest about the things over n over discuss the positives they have going for them going forward. .

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Just like all the prospect worshipping doesn't change the fact that several of these top prospects are likely to bust out completely.

When there is actually something positive to talk about at the major league level, there will be less pissing and moaning.

It is not out of line for people to be upset about the worst two year period in a franchise that has a long history of sustained failure.

And as bad as the last two years have been, this year probably will end up being even worse. There should be pissing and moaning about that and not apathy.

 

[brett05]

Cuban wanted them...but not @ the $850M Ricketts paid. Why not? Bad business.

IIRC his offer was more but was refused by MLB somehow

 

[chibears55]

Just like all the prospect worshipping doesn't change the fact that several of these top prospects are likely to bust out completely.

ok, im sure the najority on here agrees with that..
nothing wrong with having high hope on a few of your teams top prospects.. why not talk up players like Baez, Bryant, and Almora all the Baseball people are.
if your a fan of the cubs you should be happy these guys are in your organization and not another's..
id hate to see what youd have to say if they still had a mediocre / low ranked group of prospects..

When there is actually something positive to talk about at the major league level, there will be less pissing and moaning.

not disagreeing with that statement .. thing is if your a fan you need to at least start the new year with some positive thoughts going into the season with the team and some of their key players with hope that certain core players play the way their capable of and not fall back again, otherwise what the point of being a fan of the team and watching and keeping track of what their doing.. what the point of being on a message board talking about them if all they do is piss you off, might as well just close the book, move onto something else, and wait til they become what you want them to be to gain your interest again.

It is not out of line for people to be upset about the worst two year period in a franchise that has a long history of sustained failure.

they've been terrible the last 4 years and if your a true cubs fan you should be upset, but then again you should of been upset the majority of your fanhood with this team.
not sure how long you've been a fan but there hasn't been many seasons that they came out of ST and you felt confidence that they will be making a playoff run over the years.. the only difference between those years and these last couple years is we know their not doing anything before ST rather then after..
all the pissn and moaning your doing now and you know their not going to be good, how have you survived and continued your fanhood all those other years ?
please spare me the at least they tried to compete bull shit, because if your a true fan of the team you know damn well that for the majority of the last 40+ years their roster has been mediocre at best, and when they did have a decent competitive roster they seemed to always be that 1 pitcher or position player short of taking them over the top and they wouldn't spend the money or make that big move at the trade deadline..

And as bad as the last two years have been, this year probably will end up being even worse. There should be pissing and moaning about that and not apathy.

who says were not all pissed off and upset, we just choose not to spend 99% of our posts complaining about something we have no control over..
they make a bad move we complain about it , they make a good move we talk it up.. not every thread and post has to be about how rickets is cheap and Epstein sucks..
we get it , we know what they've done the last couple years .. their other things we can talk about and discuss good and bad..
like ive said before if you cant find anything positive to watch or talk about going into the season, you might as well find something else to do all year ..
most of us on this board that are cubs fans knows its going to be a long suck ass season, but most choose to instead of pissn and moaning on every thread and post, were just going to discuss civilly the topic on hand ..
so, yes their going to suck ass again, but unless you can find something positive to watch and hope for you might as well shut the team off all together and move onto something else to do otherwise its just going to be one long disappointing summer..


Pat, no one telling you to like or accept what their doing but if your only reason on this board is to just complain about the organization on 99% of your posts its falling on deaf ears / blind eyes because we know.. its just getting pretty old and stupid to read the same complaints over and over and over again..
are you able to discuss certain topics without the same old routine of rickets is cheap and Epstein sucks ? :shrug: