That's One Expensive Tube
Somewhere, Uncle Teddy is smiling... Via Mets Blog comes this Buster Olney note:
Ignore the ARod crap. $30 million! Hell, even if it's half that, that's a crap load of money. And with the extra TV money from the TBS contract, these guys are probably turning a profit before they sell a ticket!
Nice work if you can get it, huh? (anyone got half a billion I could borrow?)
It sure as heck seems like the Angels are gearing up for a run at Alex Rodriguez, in reading Mike DiGiovanna's story this morning. There's another revenue stream that the Angels, and every other team, is now drawing once unexpected millions from: the money created by the success of MLB.com. The annual check that the Angels (and every other team) receive from this source may well exceed $30 million, by now.
Ignore the ARod crap. $30 million! Hell, even if it's half that, that's a crap load of money. And with the extra TV money from the TBS contract, these guys are probably turning a profit before they sell a ticket!
Nice work if you can get it, huh? (anyone got half a billion I could borrow?)
posted by Chris Needham at
1:46 PM
3 Comments:
Yet another reason why many will be shocked when ordinary 2008 free agents will get huge contracts like the $55 million for Gil Meche and the $24 million for Jason Marquis last year.
By
Anonymous, at 10/31/2007 3:05 PM
Of course MLB.com makes fistfulls of money. They keep costs down by not hiring real journalists.
By
Anonymous, at 11/01/2007 10:11 AM
A billion dollars in e-commerce profit? I find that hard to believe. Buster doesn't reveal his sources there. $30 million in PROFIT per team would probably mean more than $2B in revenue. That would put MLB.COM close to the top of the list of the world's largest e-commerce companies.
That's a lot of MLB.TV passes.
By
Anonymous, at 11/01/2007 2:37 PM
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