TITLE

TO KNOW LIST 5: $50 million to $85 million

AUTHOR(S)
S.M.
PUB. DATE
December 2005
SOURCE
Sporting News;12/30/2005, Vol. 229 Issue 52, p7
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article presents information on the revenue of various baseball teams. Those who guessed that the combined payroll for the Tampa Bay Devil Rays and Kansas City Royals falls in the range of $50 million to $85 million are right. If they guessed that that's how much the New York Yankees lost in 2005, they are right again. Any student of the game knows that baseball teams are notorious for trying to hide revenue to make their losses look larger. In the Yankees' case, the equalizing factor is the revenue generated from the YES TV network that is owned by the club.
ACCESSION #
19252897

 

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