Braves agree to 3-year extension with Chris Johnson

cajunrevenge said:
Like anyone anyone actually wants to live in Minnesota. It took 24 million a year to convince Mauer to stay and its his home state.
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Yeah, but it's a team of gritty white guys who really love playing old-time baseball the right way for Gardenhire.

PS--Mauer knew where his bread was buttered. He'd get crucified in a tough market.
 
Hawk said:
Liberty Media CEO Greg Maffei scoffed when a Wall Street analyst recently suggested to him that the Braves are worth about $650 million, which is $200 million more than the company paid for the team seven years ago.

"Oh, that's way light," Maffei replied.

He added: "If you've got another Braves to sell me at 650, I'll buy them, let's put it that way."

"Not only were they part of a tax-oriented transaction with Time Warner," Maffei said, "but the reality is two big upticks -- a re-cut TV deal for a bunch of reasons and a new stadium -- both are very helpful in increasing value for the Braves."

The Braves' revenue increased by $36 million to $261 million last year, following a $17 million increase in 2012, according to Liberty's financial filings with the Securities and Exchange Commission. The Braves' operating income (revenue minus operating expenses) before depreciation, amortization and certain special charges increased by $20 million to $42 million last year, according to the filings.
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When I heard what the going rate for the LA Clippers is likely to be, I almost crapped myself (thank God for my Depends). Braves are worth a boatload with the new stadium deal in place.
 
Hawk said:
"...a re-cut TV deal for a bunch of reasons..."
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There you go. Something happened to that tv deal in a positive way for the Braves. Braves officials don't want it out there cause they don't want our players' agents to know about it. jmo.
 
Well this sucks. I wanted to buy the Braves for a little over 500 million. Now it's worth over 650 million... out of my price range.
 
weso1 said:
There you go. Something happened to that tv deal in a positive way for the Braves. Braves officials don't want it out there cause they don't want our players' agents to know about it. jmo.
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Its not really a secret. They sold the tv rights to something like 40 games. I don't know that the dollar amount was ever released but with the going rate of tv games these days I estimate it somewhere between an assload and a buttload of money.
 
cajunrevenge said:
The broadcast booth isn't in the stadium?
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We could create a Kickstarter to buy the Braves. Vote on every trade, elect officials.
 
Just had an epiphany: Baseball contracts being firm/fixed price and construction costs being cost plus, wonder if Liberty has Oked these extensions as a means of leveling overall costs to the new stadium???
 
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