Don't they have arbitration eligibiles though? What about when their players start to age out? I bet they take some heavy losses at some point. PS There are other operating costs besides payroll and other sources of income besides tv. Twitter is bullcrap because it makes people forget about details.
And you're forgetting the income from tickets and merchandising. They'll make money... they just won't be sure to rake in the profits like some owner do. They'll just be comfortable with a solid margin.