2025 Around The League Thread

Carp said:
I would be surprised if the Braves make much money.

Most major sports franchises don't actually make money. Most barely break even. The value comes from owning the team, which tends to increase in value exponentially over the years.

If you have money to burn and want to see your initial investment go up 500%-1000% in 10-20 years, buy a sports franchise.
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The reason none of the teams want to open their books is because they do, in fact, make money.
 
Carp said:
I would be surprised if the Braves make much money.

Most major sports franchises don't actually make money. Most barely break even. The value comes from owning the team, which tends to increase in value exponentially over the years.

If you have money to burn and want to see your initial investment go up 500%-1000% in 10-20 years, buy a sports franchise.
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Lol. There are more accounting tricks than MLB baseball games played in a year. I could look at their balance sheet for 10 minutes and find their money.

Somehow teams don’t make money yet owners keep the teams for funsies. And when they sell, they sell for way more than they bought. Valuations go up up up but yeah, they don’t actually make money. Come on man.
 
Super said:
Lol. There are more accounting tricks than MLB baseball games played in a year. I could look at their balance sheet for 10 minutes and find their money.

Somehow teams don’t make money yet owners keep the teams for funsies. And when they sell, they sell for way more than they bought. Valuations go up up up but yeah, they don’t actually make money. Come on man.
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1. Google is your friend. What I said is easily backed up. But here's a little article detailing it https://www.cnn.com/2025/06/21/business/sports-team-sales-prices-soar

2. Owning a sports franchise can certainly be more of a status symbol among the elite.

3. It's a tax shelter.

4. It's primarily an investment that generally nets an owner 5-10 times their initial investment over time. Can you name another investment that is gonna give you that sort of return on your money? Who cares if you lose 10 million or make 10 million in a given year when the value of your franchise is going up 40% or more per year?
 
Carp said:
1. Google is your friend. What I said is easily backed up. But here's a little article detailing it https://www.cnn.com/2025/06/21/business/sports-team-sales-prices-soar

2. Owning a sports franchise can certainly be more of a status symbol among the elite.

3. It's a tax shelter.

4. It's primarily an investment that generally nets an owner 5-10 times their initial investment over time. Can you name another investment that is gonna give you that sort of return on your money? Who cares if you lose 10 million or make 10 million in a given year when the value of your franchise is going up 40% or more per year?
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It's like pretty much any business in that as long as you can cash flow your capital and the capital keeps appreciating in value, you're in great shape.
 
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