Aug 29, 2013, 11:32 AM EST
Actually, by Biz of Baseball’s Maury Brown who frequently writes for Forbes. Today he totally eviscerates the story Forbes ran three days ago claiming that the Astros were the most profitable team in baseball this year and may be the most profitable ever. It’s a real work of art, so go read it and get hipped to a lot of the ins-and-outs of baseball finance that is oh-so-often overlooked in most reporting on such matters.
And while we’re at it: unless you see actual audited and certified books laid out by a team, don’t believe most of what they say about their own finances either. Most teams are run like family owned muffler shops. They don’t have to show their books to anyone and don’t and even when they talk about it, there is all kinds of silliness going on that distorts the real economic picture.
In other news, some advice to Forbes: have Maury write about baseball finances more, other people less.
- Report: Red Sox make $95 million offer to Pablo Sandoval 72
- White Sox sign Adam LaRoche to two-year, $25 million deal 34
- Report: Red Sox offer Jon Lester six years, $110-120 million 72
- Report: “There is a 90 percent chance that Pablo Sandoval will sign with the Red Sox” 130
- A’s sign Billy Butler to three-year, $30 million contract 84
- Cardinals reportedly joining pursuit of Jon Lester 65
- Giancarlo Stanton’s contract is backloaded. REALLY backloaded. 148
- Braves and Cardinals swap Jason Heyward and Shelby Miller in blockbuster deal 157
- Braves and Cardinals swap Jason Heyward and Shelby Miller in blockbuster deal (157)
- Giancarlo Stanton’s contract is backloaded. REALLY backloaded. (148)
- Blue Jays sign Russell Martin to five-year, $82 million deal (135)
- Report: “There is a 90 percent chance that Pablo Sandoval will sign with the Red Sox” (130)
- Sexual assualt charges reinstated against Tigers pitcher Evan Reed (128)