Author Topic: Astros stealing signs - But Dusty to the Rescue  (Read 27536 times)

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Offline hohoho

  • Posts: 1990
Re: Astros stealing signs
« Reply #175: November 25, 2019, 11:39:37 AM »
I've never understood why anyone wouldn't side with players, or think they're greedy. Jim Crane bought the Astros for $465 million in 2011 and now they're worth $1.8 billion (both according to Forbes). That's a 19% return annually. As in all sports recently, part of that appreciation is due to artificial caps on player pay.

freak the owners.
That 19% doesn't include annual profits. The Lerners bought the Nats in 2006 for $450M and it is now worth about $2B. Not too shabby. That doesn't include several billions in revenue since then.
Good luck in getting MLB team financial statements or figuring out how much they make in profit, though they all do a great job in touting how much they pay in salaries and why they need to stay under the salary cap.
Meanwhile, the courts as recently as 2018 have ruled that MLB is exempt from antitrust laws since it is a sport and doesn't engage in interstate commerce. Seriously.