Mar 13, 2013, 8:50 AM EST
Geoff Baker reports that the Mariners, despite many losses and low attendance, turned a profit last year: $5.86 million to be exact. And that they’ve been profitable just about every year since they moved into Safeco Field, save one year when profits were offset by a large investment in stadium improvements. All of this despite the fact — at times anyway — the Mariners have had pretty significant payrolls.
Two takeaways here: (1) it’s pretty hard not to turn a profit running a baseball team, it seems; and (2) it’s pretty nice when these numbers are reported.
With most teams we have no idea about how much money they’re making, but the Mariners are required to do some financial reporting as part of their stadium deal. With almost all other teams we are forced to take the representations of the owners at face value. And as history has shown us, baseball owners can and often do claim dramatic losses when it suits their purposes, even when those losses are pure fiction and/or the product of funny bookkeeping.
- Blue Jays sign Dayan Viciedo to a minor league deal 8
- Chris Sale will be sidelined for three weeks with foot fracture 11
- Aramis Ramirez says 2015 will be his last year 32
- Francisco Rodriguez re-signs with the Brewers 9
- If addiction is an illness — and it is — Josh Hamilton shouldn’t be suspended 303
- Pirates open to massive extension for Andrew McCutchen 18
- Report: Josh Hamilton had a relapse this offseason that “involved at least cocaine” 86
- Yankees don’t plan on having to pay A-Rod’s $30 million in home run milestone bonuses 51
- If addiction is an illness — and it is — Josh Hamilton shouldn’t be suspended (303)
- San Francisco — and all of California — will consider a smokeless tobacco ban that includes MLB parks (131)
- Report: The Yankees were “fuming” at how A-Rod handled his early arrival to spring training (114)
- Cuban prospect Yoan Moncada reportedly signs with the Red Sox for $31.5 million, plus $31.5 million in penalties (106)
- Brian Sabean says that California taxes are a hindrance to the Giants signing free agents (102)