Braves Revenue Fell Almost $300M in 2020
- Thread starter bravesfanforlife88
- Start date
What’s interesting is that the battery still had similar revenues YoY. I’m sure the majority of this are fixed rent payments but there has to be a variable component that stayed consistent despite the lack of fans.
I’m going to consider this a great sign for the future. The decreased revenues this year are effectively a one time event that wouldn’t impact forecasting too much over a 3-5 year plan and that is what will be used to set budgets.
https://www.mlbtraderumors.com/2021...or-revenue-drop-operating-losses-in-2020.html
Braves reported an operating loss of $49M in 2020, down from a profit of $54M in 2019. Depending on how you define “we lost X dollars”, the Braves lost $50M or $100M.
If you go with the $100M value as a representative value for all teams, that must be where MLB came up with that $2.8B-$3B loss in 2020. Perhaps they weren’t being as dishonest as I originally assumed.
Braves reported an operating loss of $49M in 2020, down from a profit of $54M in 2019. Depending on how you define “we lost X dollars”, the Braves lost $50M or $100M.
If you go with the $100M value as a representative value for all teams, that must be where MLB came up with that $2.8B-$3B loss in 2020. Perhaps they weren’t being as dishonest as I originally assumed.
Southcack77
Well-known member
To put losing 45 million in persepective: it's losing 45 million dollars.
PawPawMaxwell
Called Up to the Major Leagues
No one lost $45M. I posted before when the total losses were originally put out that the losses amounted to roughly 15 cents per share.
Southcack77
Well-known member
Corporations are people.
lolz
goldfly
<B>if my thought dreams could be seen</B>
and here i was really breaking it down for people to understand
and i still got this type of reply
sigh
jpx7
Very Flirtatious, but Doubts What Love Is.
This is a dumb response.
GovClintonTyree
<B>Vencer a Los Doyers</B>
****ers
Southcack77
Well-known member
jpx7
Very Flirtatious, but Doubts What Love Is.
This is even dumber.
Southcack77
Well-known member
Yes!
Southcack77
Well-known member
Not quite as dumb as suggesting losing 45m is the equivalent of a 20$ bill to a rich person. That's dumb. Wealthy people care a lot about money. As do their shareholders.
chop2chip
Well-known member
I understand what you mean from a relative sense, but it’s sort of discounting human’s psychological ability to comprehend large numbers.
Also, it’s worth noting that this isn’t Malone’s money that was lost, it was Liberty the corporation and corporations are poisoned with middle management executives that make too much money not to stress about any loss.
jpx7
Very Flirtatious, but Doubts What Love Is.
lol
Just stop with this drivel. Losing $4.50 is a lot if you have $10 to your name. Losing $45m is not a lot when you have tens of billions in assets and your overall corporation brings in billions in revenue in a normal year (and over $10b just in 2019).
I don't give a **** how much they "care" about it (as if that's a useful metric in any way?)—we're talking strictly about relative quantities, which you either can't or (I suspect) willfully won't understand. Just sophomorically and tautologically saying "well, derp, $45m is $45m" is unproductive—and, again, I suspect you know that, but would rather derp around in service of some strange and ultimately meaningless point.
sturg33
I
Should they not care about losing $45m?
How much would they need to lose for you to be OK with them not being happy about it?
How many years consecutively can they lose money before they should start caring?
Where did anyone state they shouldn't care, fat ass? The discussion is about relative loss, not that they "shouldn't care".
Spend more time pretending to be in charge of employees and out eating Bowman, and less time creating silly strawmen arguments.
Having said that, we all know companies will not allow themselves to lose money for long. That wasn't even remotely the point.