Truth & Rumors > MLB
Joke's on Marlins fans?
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08:09 AM ET 08.25 | While the team may not be happy about financial statements being leaked, fans in Florida can take a measure of disappointment, too. Owner Jeffrey Loria's penurious nature is as omnipresent around here as the humidity, and roughly as popular. The excuse was always that low revenue dictated player payroll and that spending more would mean losing money. Now we know better. ... Now we know why the club fought so hard to keep its finances a secret even as the city and county wanted full disclosure during negotiations for its new stadium. It's because what you see when the curtain is thrown open and the light pours in is an owner who could have spent much more on players and still made money. What you see is a ball club that was crying poverty with pockets full.
Logan Morrison, AP
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Comments (21) Add A Comment
Page 1
Bronx_Pride
Total Comments (2129)
And that's the problem with a lot of MLB franchises. Actually, sports franchises in general. If they don't have to open their books, they cry poverty. I hope the NFL franchises, other than the Packers, are obligated to start showing their finances.
OSUBucksFAN1
Dublin , OH
Total Comments (474)
The owners dirtyl ittle secret. And they are mad because it got leaked, not at the facts in the report which they do not deny.
Typical.
50yearfan
Total Comments (11202)
I guess when you are the one taking all the risk, you should have some type of perk.
Clintster
Total Comments (270)
You're talking about the S. Florida tax payers and bondholders right?
mmelling
Phoenix , AZ
Total Comments (2)
This is no surprise, MLB had to speak to Loria before the start of this year about his lack of spending.
YouDaMan
Total Comments (40)
this is exactly what I have been saying all along, small market teams my ast!
AllStarz Ruinating…
Total Comments (19284)
Fine, but don't lie about it. If you have to lie about it then that is a scam, not a perk.
AllStarz Ruinating…
Total Comments (19284)
It would be fascinating to see what a lot have Teams have actually done with their annual payment from the Yankees.How much of the rev sharing actually went to costs vs owners pockets
Harry Crack
Total Comments (7127)
THE OWNER ITS A PLAIN AND SIMPLE CRYING BABY!!!
alacran
Total Comments (14457)
Agree 100% with you 50 Year Fan
Wowowee!!
Total Comments (139)
What's crazy about the Packers is the amount of revenue they got last year. A record amount of revenue last year, but they only made $5 million in net profit.
bbech
Total Comments (308)
The Marlins, Brewers, Pirates, Royals, Mariners, Cleveland and Houston (I am probably leaving someone else out) should be placed in a minor league of their own. They exist only as farm teams for the real major league teams. If there was a commisioner of baseball that worked for the fans (instead of the owners, oh that's right, he is an owner) these teams would be coerced into put a decent product on the field or their franchise would be sold to someone that actually cares. Better yet, why not just fold the teams and increase the talent pool. Any wonder baseball is a dying sport?
juan
Athens , AL
Total Comments (690)
That was semi coherent until you called Baseball a dying sport, ha!
AllStarz Ruinating…
Total Comments (19284)
Yet another reason to institute a salary cap, even a soft one like the NBA, since they also include a reasonably high salary floor...
puftwaffe
Knoxville, TN
Total Comments (25)
This joke is no surprise to me...
Mondo Jay
Total Comments (20053)
Baseball would be better off if all teams had to report net income. This way the "small market' teams would either prove that they are indeed unable to compete financially with the mean ol' Yankees, or prove that they are lying sacks of crap that pocket the money and say "to hell with the fans". The latter being the more likely scenario.
robbiedog
Gainesville, FL
Total Comments (71)
I believe he did the same to the Expo's
Sadya
Total Comments (3)
No Doubt !!!
Harry Crack
Total Comments (7127)
No doubt !!!!
Harry Crack
Total Comments (7127)
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