The Atlanta Braves - Hello darkness

#26,654
#26,654
Went back and looked at Folty’s numbers from last year, he was terrific. It didn’t seem like he was that dominant. The scary thing is he can still improve, but may be just as likely to regress. If he can come out and put up another strong 1st half his value would sky rocket, and I’d be tempted.
 
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#26,655
#26,655
Florida Stanley said:
Went back and looked at Folty’s numbers from last year, he was terrific. It didn’t seem like he was that dominant. The scary thing is he can still improve, but may be just as likely to regress. If he can come out and put up another strong 1st half his value would sky rocket, and I’d be tempted.
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Yes 👀👀
 
#26,663
#26,663
Couldn’t find anything super concrete on profits and this way a couple years ago but the Phillies were the most profitable team in baseball in 2016, making $88M.
 
#26,666
#26,666
zjcvols said:
Couldn’t find anything super concrete on profits and this way a couple years ago but the Phillies were the most profitable team in baseball in 2016, making $88M.
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So let’s assume there’s a little inflation, I would guess the Braves are safely in the top 5 for fiscal year 2018.

I wonder how they balance this with the supposed debt they still owe on the stadium and battery.
 
#26,667
#26,667
Profit is different but according to Forbes average revenue from and operating income was $315M and $29M respectively in 2017 (total $344M). The Braves revenue and operating income was $404M from baseball and $38M from the Battery. For comparisons the Yankees brought in $619M last year. Now this is all before taxes and other things.

Even still if the Braves made a profit of $94M and their payroll is down $15M from the end of last year.......

There’s easily more money available I gotta think.
 
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#26,668
#26,668
zjcvols said:
Profit is different but according to Forbes average revenue from and operating income was $315M and $29M respectively in 2017 (total $344M). The Braves revenue and operating income was $404M from baseball and $38M from the Battery. For comparisons the Yankees brought in $619M last year. Now this is all before taxes and other things.

Even still if the Braves made a profit of $94M and their payroll is down $15M from the end of last year.......

There’s easily more money available I gotta think.
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Terry took it all
 
#26,669
#26,669
LotteryPick said:
Perhaps they would make more if they were competing for championships
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Seeing that margin is sombering and (to me) explains the lack of moves/signings. They are very content to rake in a 1/10 if a bil a year. And from a corporate standpoint I get it. But from a fan perspective, it really sucks. Cause corporate ain’t re-investing that in the team.
 
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#26,670
#26,670
Kingston Vol said:
So let’s assume there’s a little inflation, I would guess the Braves are safely in the top 5 for fiscal year 2018.

I wonder how they balance this with the supposed debt they still owe on the stadium and battery.
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They dropped their debt from $626M to $494M (so $132M of debt shed). I don’t know how that figures into the profits, but Liberty Media seemed to imply that $94M profit is still after they shed $132M in debt.

What was super interesting is that Liberty Media says they are going to incrue more debt with construction of phase 2 of The Battery
 
#26,671
#26,671
zjcvols said:
Profit is different but according to Forbes average revenue from and operating income was $315M and $29M respectively in 2017 (total $344M). The Braves revenue and operating income was $404M from baseball and $38M from the Battery. For comparisons the Yankees brought in $619M last year. Now this is all before taxes and other things.

Even still if the Braves made a profit of $94M and their payroll is down $15M from the end of last year.......

There’s easily more money available I gotta think.
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Of course there is, there is a river of money running through the organization.
 
#26,672
#26,672
AV_12 said:
Terry took it all
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Now, I’m not a finance guy by any means, but boy is it awfully interesting that Terry runs the entire Braves finances (at least says he does) and all of it is strictly from the Braves and he’s hoarding $94M for Liberty Media to keep instead of reinvesting into the team.
 
#26,673
#26,673
Imagine if the Braves didn’t have the worst television deal in the sport. Braves could be raking in something like $500M in revenue
 
#26,674
#26,674
zjcvols said:
They dropped their debt from $626M to $494M (so $132M of debt shed). I don’t know how that figures into the profits, but Liberty Media seemed to imply that $94M profit is still after they shed $132M in debt.

What was super interesting is that Liberty Media says they are going to incrue more debt with construction of phase 2 of The Battery
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Yep, can’t wait to hear McGuirk keep pushing the time frame back. “Our plan is to spend coin in payroll in the 2027 season” and then when 2027 gets here, “we’ll be near the top in 2031” so on and so forth
 
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