The current spin circling the talk shows centers on DK's article talking about how the Pirates supposedly lost money last year.
I am just going to point this out once... There is absolutely no way that franchise was not profitable. Particularly with the cut of the luxury tax money they would get... Forbes estimated their profiablity at 68 million dollars
The DK article is likely based on the teams numbers after they factored in various bloated and theoretical losses or costs. Owners often have themselves or family members on payroll for useless jobs.. they factor in stadium depreciation on arenas they didnt pay for..
After they got busted not spending luxury tax money on payroll in the 00's, the teams books have tried to show less profitability... Forbes has never once bought their BS...
Remember, the last time they tried to call BS on forbes calling them a top 25 most profitable sports team in all of north american sports, their books got leaked and Forbes was spot on.
All this is just another transparent attempt to stave off the criticism of their jackass, greedy owner.
I am just going to point this out once... There is absolutely no way that franchise was not profitable. Particularly with the cut of the luxury tax money they would get... Forbes estimated their profiablity at 68 million dollars
The DK article is likely based on the teams numbers after they factored in various bloated and theoretical losses or costs. Owners often have themselves or family members on payroll for useless jobs.. they factor in stadium depreciation on arenas they didnt pay for..
After they got busted not spending luxury tax money on payroll in the 00's, the teams books have tried to show less profitability... Forbes has never once bought their BS...
Remember, the last time they tried to call BS on forbes calling them a top 25 most profitable sports team in all of north american sports, their books got leaked and Forbes was spot on.
All this is just another transparent attempt to stave off the criticism of their jackass, greedy owner.