Lol @ Slate thinking any MLB owner would be willing to deal with a net loss just to field a winning team.
I still remember the deep dive into club finances that came out around 2009, and the only owner willing to deal with a substantial loss was Mike Ilitch of Detroit, and that was because he was really old and wanted to see his team finally win a World Series before he died.
And he's also conflating media market size with a team's overall capacity to generate revenue (not the same thing, as proven by the Nats), but that's somehow not the most delusional part of his argument.