MoneyBall: Counting Kansas City Royals Earnings As Stingy Front Office Drops Payroll
The hometeam is still in profit taking mode and looking to get through another season on faded glory . . . What's more insulting is that they're telling fans that the team is losing cash . . . Check this fanboy effort to examine tricky pro-sports accounting:
Several weeks ago, Max Rieper and I wrote a piece saying that you should be skeptical of the Royals front office claims of losing $30-35M a year. In that we focused primarily on the bottom line or net income.