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SonOfJack

Marlins one of 3 MLB teams to lose money

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Just now, SilverBullet said:

I know a guy. 

ok? do you know an accountant though?

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3 minutes ago, marlins_09 said:

Funny, I’m pretty sure Chen is making exactly 22 million this year 

Coincidence?

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There’s not much to work with here.  As full of crap as Samson can be one thing he has always said which is 100% true is that the Forbes projections which are published are not based on fact.  These are private companies.  They have no reporting responsibility to anyone but MLB and any significant creditors (potentially) We don’t even know how each team defines operating income.  EBITDA is not uniformly applied across all companies.  Team owners may have assets and income in other entities.  Also these teams are a small piece of their overall wealth.  I have a difficult time getting worked up over Forbes Operting Income figures. 

 

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Also worth noting is that EBITDA is not a GAAP measurement.  It’s used by financial analysts when they do their thing on M&A work.  EBITDA is not the same thing as operating income 

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33 minutes ago, SonOfJack said:

What a nerdy topic this has become

that's your kingdom stop complaining 

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