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izzman
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« on: January 25, 2012, 11:36:55 AM » |
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Does anyone no a good source. Just suprised t learn Dteroit signed a 10 year 1 Billion dollar deal. What? How can they have > 5 times Pittsburgh TV money and 3-4 times Washington?
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Bucco Velo
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« Reply #2 on: January 25, 2012, 01:55:27 PM » |
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The answer lies less in television money or revenues, and more with an owner like Mike Ilitch who is much more concerned with putting a winning team on the field in his beloved Detroit than in making a profit through his ownership of a baseball team.
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gnarburger
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« Reply #3 on: January 25, 2012, 02:22:10 PM » |
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I think the Pirates are pretty much screwed on the local TV contract front. I believe there are still 18 years left on their current deal with ROOT Sports. Seems like the market for TV deals in baseball has gone through the roof between the time the Pirates signed their current 20 year deal in early 2011 and now.
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gamecckfn
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« Reply #4 on: January 25, 2012, 02:44:26 PM » |
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The answer lies less in television money or revenues, and more with an owner like Mike Ilitch who is much more concerned with putting a winning team on the field in his beloved Detroit than in making a profit through his ownership of a baseball team.
You know if he is making a profit or not and how much? |
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izzman
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« Reply #5 on: January 25, 2012, 02:52:57 PM » |
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I think the Pirates are pretty much screwed on the local TV contract front. I believe there are still 18 years left on their current deal with ROOT Sports. Seems like the market for TV deals in baseball has gone through the roof between the time the Pirates signed their current 20 year deal in early 2011 and now.
O.K. So all we have to do is wait 18 years. Sounds familiar |
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RJReynolds
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« Reply #6 on: January 25, 2012, 03:06:35 PM » |
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So Detroit gets $100 million per year while the Pirates get $20 million. That is awesome. I would think ownership would be able to squeeze a penny and make it two nickels with anything having to do with revenue. This surprises me quite a bit. Maybe there wasn't competition for the business which drove the price down? But a 20 year contract? That thing had better have market adjustments or something along those lines.
The bad news never ends.
RJR
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Bucco Velo
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« Reply #7 on: January 25, 2012, 03:19:06 PM » |
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You know if he is making a profit or not and how much?
And here comes the always convenient "we can't possibly know because MLB franchises aren't required to open their books" excuse. If you go by Forbes' estimations from their always informative "Business of Baseball" for 2011, the Tigers had operating revenues of negative 29.1 million dollars, whereas the Pirates managed revenues of 24.6 million dollars (measured in terms of EBITDA). In relative terms, the Pirates were in the top-10 in terms of profits, whereas the Tigers were easily in last place in terms of profitability (or lack thereof) according to the Forbes estimates. Even if you question the accuracy of these numbers and grant the fact that access to information with respect to the yearly value of local television contracts for MLB franchises is scarce, it would still be almost impossible to argue that a similarly situated team in terms of market size that is spending sixty million dollars per season more than another in salary is undoubtedly making less profit. This becomes particularly disturbing when you consider that the Tigers only drew 700,000 more fans in 2011 than did the Pirates. http://www.forbes.com/lists/2011/33/baseball-valuations-11_rank.html |
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A. Senter
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« Reply #8 on: January 25, 2012, 03:39:34 PM » |
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You know if he is making a profit or not and how much?
And here comes the always convenient "we can't possibly know because MLB franchises aren't required to open their books" excuse. If you go by Forbes' estimations from their always informative "Business of Baseball" for 2011, the Tigers had operating revenues of negative 29.1 million dollars, whereas the Pirates managed revenues of 24.6 million dollars (measured in terms of EBITDA). In relative terms, the Pirates were in the top-10 in terms of profits, whereas the Tigers were easily in last place in terms of profitability (or lack thereof) according to the Forbes estimates. Even if you question the accuracy of these numbers and grant the fact that access to information with respect to the yearly value of local television contracts for MLB franchises is scarce, it would still be almost impossible to argue that a similarly situated team in terms of market size that is spending sixty million dollars per season more than another in salary is undoubtedly making less profit. This becomes particularly disturbing when you consider that the Tigers only drew 700,000 more fans in 2011 than did the Pirates. http://www.forbes.com/lists/2011/33/baseball-valuations-11_rank.htmlForbes magazine has always had an "anti-Pirate management," agenda. |
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VaPirate
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« Reply #9 on: January 25, 2012, 04:30:37 PM » |
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Wow, every single thread anymore....
You know, some of you guys are bound to be really unhappy this year. Why not just go ahead and get this Pirate thing out of your system an find a nice calming hobby, like knitting or boxing kangaroos.
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RJReynolds
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« Reply #10 on: January 25, 2012, 04:47:12 PM » |
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boxing kangaroos.
Would be easier on the gonads than being a Pirate fan that's for sure. Unfortunately I have been a fan of the team since 1975 and old habits die hard. Also, burying ones head in the sand does not help to measure the level of ones fandom. RJR |
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Possum
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« Reply #11 on: January 25, 2012, 05:00:00 PM » |
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boxing kangaroos.
Would be easier on the gonads than being a Pirate fan that's for sure. Unfortunately I have been a fan of the team since 1975 and old habits die hard. Also, burying ones head in the sand does not help to measure the level of ones fandom. RJR Almost RJR. If the kangaroo is taught to hit his opponent with low blows then your statement would be absolutely correct.  |
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Beat 'em Bucs in 2012 Possum__________  Rod Barajas - Baseball's version of a Three Toed Sloth |
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RJReynolds
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« Reply #12 on: January 25, 2012, 05:10:09 PM » |
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boxing kangaroos.
Would be easier on the gonads than being a Pirate fan that's for sure. Unfortunately I have been a fan of the team since 1975 and old habits die hard. Also, burying ones head in the sand does not help to measure the level of ones fandom. RJR Almost RJR. If the kangaroo is taught to hit his opponent with low blows then your statement would be absolutely correct. Kangaroos are shifty buggers. They don't play by the rules. RJR |
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izzman
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« Reply #13 on: January 25, 2012, 07:41:06 PM » |
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Wow, every single thread anymore....
You know, some of you guys are bound to be really unhappy this year. Why not just go ahead and get this Pirate thing out of your system an find a nice calming hobby, like knitting or boxing kangaroos.
Look. It's not gloom or doom I sought. I just wanted to calculate per person in the metropolitan area how the Pirates were doing compared to the rest of the league. Bad or good it can't be ignored and since I love a sport with no salary cap I do not wish to ignore such elephants. I just really hope they are not locked in for 20 years. That seems a bit foolish. |
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Dogknot3
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« Reply #14 on: January 25, 2012, 09:45:21 PM » |
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I don't understand the competition for the local TV rights?
Who else was going to pick up the Pirates and show the games on TV if Root Sports said No? Root Sports is in control, right?
Do the Detroit Tigers battle the Detroit Red Wings for ratings? or are they are ont he same station. The Penguins kill the Pirates ratings and that is why they are on a lot during the start of the baseball season.
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