Forbes 2010 List of Baseball Franchise Valuations

[rok]

<!--quoteo(post=87366:date=Apr 9 2010, 09:47 AM:name=Coldneck)-->QUOTE (Coldneck @ Apr 9 2010, 09:47 AM) <{POST_SNAPBACK}><!--quotec-->I'm surpirsed the Yankees have such a high debt ratio. They have the 2nd highest debt ration behind the Rangers, who are upside down. If this is correct the Steinbrennars owe $1.4 billion. The lowest payroll teams seems to me earning the most money relative to investment. The most profitable team in baseball last year was the Marlins, with the lowest overall payroll. How is that not a problem?<!--QuoteEnd--><!--QuoteEEnd-->
They're definitely gaming the system by breaking even or even reporting a small loss ex-revenue sharing. I would imagine that their share of the luxury tax pool gets them into the black, bigtime.