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View Full Version : Accountant said 28 of 30 teams projected net losses


Jerry_Manuel
08-07-2002, 07:12 PM
The 30 major league teams began the year projecting an operating loss of $220 million in 2002, down $12 million from last year, according to minutes of an owners' meeting.

The projection was given to owners at a Jan. 16 owners meeting by accountant Robert Starkey, a consultant to the commissioner's office. A portion of the minutes were attached as an exhibit to court papers filed Wednesday by Fred Wilpon against his New York Mets co-owner, Nelson Doubleday.

Starkey told the owners that 28 of the 30 teams projected a net loss for this year. The teams were not identified.

http://msn.espn.go.com/mlb/news/2002/0807/1415323.html

NUKE_CLEVELAND
08-07-2002, 07:14 PM
Originally posted by Jerry_Manuel


http://msn.espn.go.com/mlb/news/2002/0807/1415323.html

everyone but the yankees and someone.

nut_stock
08-07-2002, 07:15 PM
Of the 2 teams not showing a net loss, you know 1 has to be the Yankees.

Daver
08-07-2002, 07:16 PM
The same Bob Starkey that upheld a decision made on the value of the Mets by the accounting firm of Arthur Andersen,by using numbers provided by the commisioners office.

Yeah this guy has a ton of credibilty.

nut_stock
08-07-2002, 07:16 PM
Oops, I guess my computer is slow.

LongDistanceFan
08-07-2002, 09:49 PM
last year wasn't that count something like 5 teams that was going to show a lost?