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Pastimes : Major League Baseball (MLB)
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To: Sam who wrote (29240)12/22/2025 8:41:31 PM
From: Jeffrey S. Mitchell1 Recommendation

Recommended By
Bill

   of 29241
 
The Dodgers were purchased in 2012 for $2.15B. Forbes has them valued at $6.8B. The cited article says their final number, including the luxury tax, is $586,717,376. However, they grossed $1B last year. That implies they were still profitable. Crazy.

But say they lost a whopping $200M a year starting in 2012. They'd be cumulatively down $2B after a decade, $3B after 15 years. The owners would still clear a $1.5B+ profit on the sale! In sum, if you are wealthy enough to be able to afford to buy a sports team, there appears to always be someone willing to pay whatever it takes to buy it from you, affording you a hefty profit.

- Jeff
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