Humbling Profit #'s for Baseball

[harnesslover]

Here's a few for you..

Cubs were bought in 1981 for $20 million. They are valued at $480 million right now

Yankees were bought by Big Stein in 1973 for $10 million. They are valued at $1.2 billion right now.

Phillies bought in 1981 for $30 million. They are valued at $457 million right now

Braves bought in 1975 for $12 million. They are valued at $480 million right now


Not a bad business to get into..

[RaceBookJoe]

So what team do you want to go 50/50 on? Maybe one day sports teams will go public and we can buy stock or funds, it will never happen though.

[harnesslover]

So what team do you want to go 50/50 on? Maybe one day sports teams will go public and we can buy stock or funds, it will never happen though.

Well I believe the Green Bay Packers are public, owned by the fans..

[kenwoodallpromos]

"Going Inside MLB’s latest $3 billion TV agreements

Thursday, July 13 2006
Major League Baseball enjoyed the sports last day off for all 30 MLB franchises Wednesday, a day after the American League beat the National League 3-2 to secure home field advantage for the World Series. MLB took advantage of the All-Star break to make several important business announcements, headlined by a new seven year television agreement with Fox and Turner worth an estimated $3 billion."

How much is TVG and HRTV paying racing in fees?