When certain MLB owners claim that they don’t have the money to spend in order to improve their team, fans of those teams become rightfully frustrated.
Granted, owners of bigger-market teams have much more resources than mid-market or small-market teams, but contrary to what some owners say, owning a professional baseball team is quite profitable.
And once again, the owners cashed in.
In the month of November, MLB owners claimed $900 million from Disney for the remaining 15% of BAMTech they didn’t already own after a series of prior deals.
They are each due another $30 million profit after having received the $900 million from Disney.
Disney this month has paid MLB $900 million for the remaining 15% of BAMTech it didn’t already own following a series of prior deals. So when your favorite team cries poor this winter, keep in mind they’re each due another $30 million windfall from this.
—Eric Fisher (@EricFisherSBG) November 29, 2022
MLB Owners Cash In…Again
Once again, MLB owners are finding ways to keep all the money in their pockets, while also making excuses for not spending money to improve their team.
While the owners are certainly entitled to profit off of their organizations, it isn’t fair for them to act as if they don’t have the financial flexibility to make moves and build a contending ballclub.
Funds are not unlimited, but when owners claim that they don’t have enough to spend, people should think twice before immediately jumping to conclusions and believing them.
Time and again, MLB owners seem to miss the point.
What will ultimately help keep money in their pockets is if their teams perform well and fans come to the ballpark.
Winning is lucrative.
In order to build a winning team, money must be spent.
This is further proof of the owners continuing to cash in, with some not putting forth much of an effort to build a winner.
