Author Topic: MLB financials, NoVA development, Etc.  (Read 835 times)

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Offline JCA-CrystalCity

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Re: MLB financials, NoVA development, Etc.
« Reply #50: November 29, 2010, 06:52:17 PM »
Tom / Welch - for ball clubs, isn't the statement of cash flow or the tax-based earnings more important than the income statement (sorry, that dates me as a CPA from the early '80s)?  For example, does that statement of operations include a number for ballplayer depreciation?  Weren't teams allowed to depreciate ballplayers at one time?  There is no outflow of money there. 

The LAC argument I buy the most is the use of the team revenues to pay off the debt the Lerners used to buy the club.