#1 reason not to root for the Royals - Page 4

Hootie · 04-20-2006, 08:51 PM

Quote:

the Pittsburgh Pirates, Royals and Twins each earned more than $20 million.

and we can't field a better team than this disaster?

greg63 · 04-21-2006, 01:09 PM

Quote:

Originally Posted by chiefqueen

That was a sneaking way of trying to get somebody to do my dirty work for me. For some reason when I try to copy article onto the Planet, the hard returns don't copy over. I'm at work right now & I didn't want to take the time of comparing what's posted to the actual column and inserting the hard returns at the end of paragraphs.

Yeah, I know; just razzin.

BigRock · 04-21-2006, 01:17 PM

Surprised nobody posted this link yet... unless someone did and I'm a moron.

http://www.kansascity.com/mld/kansas...s/14391965.htm

Notebook: Royals dispute $20 million 2005 profit
Officials say team aims to break even, despite Forbes report
By BOB DUTTON
The Kansas City Star

The Royals cleared $20.8 million in operating income last season before interest, income taxes, depreciation and amortization, according to Forbes magazine in its annual assessment of franchise valuations.

The report, released late Thursday, elicited a sharp denial from club officials, who contend the Royals have made just more than $1 million in six seasons since David Glass bought the team.

“Once again, Forbes is not accurate in the information they are reporting on the Royals,” said Mark Gorris, the club’s senior vice president for business operations.

“We continue to operate as David Glass has directed, and that is to operate the club overall on a break-even basis (for the long term).”

Forbes ranks the Royals at No. 12 among the 30 teams in operating income and reports the major-league average is $12.1 million. The Indians turned the biggest profit at $34.6 million; the Yankees had the biggest loss at $50 million.

The magazine also reports the Royals’ franchise value jumped to $239 million, an increase of $59 million over 2004. Glass bought the team in 2000 for $96 million.

The Royals, according to Forbes, rank 25th in franchise value among 30 teams. The Yankees are first at $1.026 billion, followed by the Red Sox at $617 million. The 30-team average is $376 million.

Glass previously acknowledged the Royals turned a profit last season in accelerating their youth movement because young players typically make far less money than veteran players.

“We certainly have used profits from last year to boost this year’s payroll,” Gorris said.

The Royals opened the season with a payroll of $47.3 million for their 25-man roster after beginning 2005 at $36.9 million. Glass has authorized an increase to at least $50 million.

“I cannot comment, per Major League Baseball’s rules, on any specific year,” Gorris said, “but I will tell you that from 2000 to 2005, per our KPMG-audited statements, the Royals have made a total, cumulative operating income of $1,061,000.”

Forbes’ profit figures, which date to only 2001, contend the Royals posted a $1.7 million loss over the last four years before their 2005 windfall.

Reerun_KC · 04-21-2006, 01:22 PM

Quote:

Originally Posted by Hootie

I'm just glad the Royals are making money!!!!!

20 million!!!

And we couldn't afford Beltran!!!

No cause we had to keep that worthless piece of Sweeny! I so wanted to keep Beltran and dump Sweeny's sorry a$$

Hootie · 04-21-2006, 01:55 PM

Quote:

Originally Posted by Reerun_KC

No cause we had to keep that worthless piece of Sweeny! I so wanted to keep Beltran and dump Sweeny's sorry a$$

Well, as much as I wanted to keep Beltran as well...he hasn't exactly been 'tearing' it up in New York. Sure, he was brilliant in Houston, but that's about it thus far.

ChiefFripp · 04-21-2006, 02:28 PM

If you like baseball and want a purer game than what American baseball offers, I suggest you watch Japanese or Korean teams, they play like they actually care about the game and not just the $$

Logical · 04-21-2006, 07:54 PM

Bump because this is aRoyals thread I am actually enjoying.

**gblowfish** · 04-21-2006, 09:16 PM

The Royals are by far, my absolute favorite team, and have been for several years now.

Sincerely,
Leonard Pinth Garnell

**wazu** · 04-22-2006, 09:33 AM

Quote:

Originally Posted by beavis

“If it doesn’t turn around,” Glass promised, “we’ll have to change things. We can’t wait too long. I’m not willing to go through a season like we did last year. None of us are.”

Huh? Did anybody, anywhere outside of the Royals front office not predict this season going this way? This season began without so much as a glimmer of hope that the Royals would finish anything but dead last. If Glass is really surprised by what he is seeing, then he is incompetent.

04-21-2006, 01:17 PM	#47
BigRock Pritay Pritay Pritay Good Join Date: Apr 2005 Location: The State of Euphoria Casino cash: $2425412	Surprised nobody posted this link yet... unless someone did and I'm a moron. http://www.kansascity.com/mld/kansas...s/14391965.htm Notebook: Royals dispute $20 million 2005 profit Officials say team aims to break even, despite Forbes report By BOB DUTTON The Kansas City Star The Royals cleared $20.8 million in operating income last season before interest, income taxes, depreciation and amortization, according to Forbes magazine in its annual assessment of franchise valuations. The report, released late Thursday, elicited a sharp denial from club officials, who contend the Royals have made just more than $1 million in six seasons since David Glass bought the team. “Once again, Forbes is not accurate in the information they are reporting on the Royals,” said Mark Gorris, the club’s senior vice president for business operations. “We continue to operate as David Glass has directed, and that is to operate the club overall on a break-even basis (for the long term).” Forbes ranks the Royals at No. 12 among the 30 teams in operating income and reports the major-league average is $12.1 million. The Indians turned the biggest profit at $34.6 million; the Yankees had the biggest loss at $50 million. The magazine also reports the Royals’ franchise value jumped to $239 million, an increase of $59 million over 2004. Glass bought the team in 2000 for $96 million. The Royals, according to Forbes, rank 25th in franchise value among 30 teams. The Yankees are first at $1.026 billion, followed by the Red Sox at $617 million. The 30-team average is $376 million. Glass previously acknowledged the Royals turned a profit last season in accelerating their youth movement because young players typically make far less money than veteran players. “We certainly have used profits from last year to boost this year’s payroll,” Gorris said. The Royals opened the season with a payroll of $47.3 million for their 25-man roster after beginning 2005 at $36.9 million. Glass has authorized an increase to at least $50 million. “I cannot comment, per Major League Baseball’s rules, on any specific year,” Gorris said, “but I will tell you that from 2000 to 2005, per our KPMG-audited statements, the Royals have made a total, cumulative operating income of $1,061,000.” Forbes’ profit figures, which date to only 2001, contend the Royals posted a $1.7 million loss over the last four years before their 2005 windfall.
Posts: 6,911

04-21-2006, 02:28 PM	#50
ChiefFripp Veteran Join Date: Oct 2002 Location: KC Casino cash: $10004900	If you like baseball and want a purer game than what American baseball offers, I suggest you watch Japanese or Korean teams, they play like they actually care about the game and not just the $$ Last edited by ChiefFripp; 04-21-2006 at 08:56 PM..
Posts: 2,579

04-21-2006, 07:54 PM	#51
Logical Screw U if U can't take a joke Join Date: Aug 2000 Casino cash: $10004900	Bump because this is aRoyals thread I am actually enjoying.
Posts: 31,579

04-21-2006, 09:16 PM	#52
gblowfish Be Kind To Your Pets Join Date: Jun 2002 Location: Glorious Independence, MO Casino cash: $17346178 VARSITY	The Royals are by far, my absolute favorite team, and have been for several years now. Sincerely, Leonard Pinth Garnell Attached Thumbnails
Posts: 40,910