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Ed Morrison · Bottom feeders
August 25th, 2010
The recently leaked financials of the Pittsburgh Pirates illustrates how the Dolans can make money by fielding a lousy team and having the worst attendance in baseball.
MLB is obviously upset at the news that you can have a really bad team and still make a ton of money: The Business Of Baseball Is Very Good.
Leaked Documents Provide Glimpse Behind Baseball’s Financial Curtain
Given the dependence of the PD on Indians’ ad revenues, we may not see too much reporting on this issue locally. The Miami Herald is reporting on the Marlins, another team with leaked financial statements. In Miami, outrage over a stadium deal has boiled over.
Over at The Atlantic, Derek Thompson sees the Pirates as a commentary on a larger theme:
How Baseball’s Worst Team Explains the U.S. Economy
You can keep up with the Indians over at WahooBlues.
Last 5 posts by Ed Morrison
- Signing off - February 3rd, 2012
- "The current global development model is unsustainable" - February 1st, 2012
- Market opportunities for developing Chicago's green economy - January 29th, 2012
- Plain Dealer flubs its explanation for firing Tony Grossi - January 27th, 2012
- Linking and leveraging university assets to strengthen regional economies - January 27th, 2012
