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  #1  
Old 04-12-2017, 11:01 AM
Lip Man 1 Lip Man 1 is offline
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Default Forbes White Sox value...

Forbes Magazine came out with their annual value of MLB franchises yesterday.

The White Sox are ranked 15th. $41.9 million profit last year and is worth $1.35 billion.

Lip
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  #2  
Old 04-12-2017, 11:11 AM
Andrew C White Andrew C White is offline
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I love baseball but the overvaluing of teams and players like this shows an incredibly illness in our society and economic system. It's not just baseball of course but it really stands out.
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  #3  
Old 04-12-2017, 11:22 AM
Noneck Noneck is offline
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Originally Posted by Andrew C White View Post
I love baseball but the overvaluing of teams and players like this shows an incredibly illness in our society and economic system. It's not just baseball of course but it really stands out.

Oh how Id love to say more.
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  #4  
Old 04-12-2017, 11:40 AM
BNLSox BNLSox is offline
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If that profit number is correct, we're talking 32x earnings valuation. Seems pretty steep!!
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Old 04-12-2017, 12:24 PM
WSox597 WSox597 is offline
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Not a bad ROI for the investors. They paid a comparative pittance for the team back in the early '80s.

A pittance for baseball, anyway.
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  #6  
Old 04-12-2017, 12:37 PM
Golden Sox Golden Sox is offline
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Default 2018

After JR guts this team the 2018 White Sox payroll be probably be one of the lowest in MLB at $50 million. You'll be looking at a profit of around $100 million for the 2018 season. The White Sox will have one of the most profitable teams in MLB, even with a last place team. It would be the perfect time to put the team up for sale.
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  #7  
Old 04-12-2017, 03:26 PM
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DumpJerry DumpJerry is offline
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Quote:
Originally Posted by WSox597 View Post
Not a bad ROI for the investors. They paid a comparative pittance for the team back in the early '80s.

A pittance for baseball, anyway.
The only time the current ownership group received any type of dividend since they took over in 1981 was after the 2005 season. When JR solicited investors, he told them that they should not expect a dividend check from the team.

Oh, the owners have to pay for their own tickets if they want to see the team play.
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  #8  
Old 04-15-2017, 02:37 PM
soxfanreggie soxfanreggie is offline
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Originally Posted by WSox597 View Post
Not a bad ROI for the investors. They paid a comparative pittance for the team back in the early '80s.

A pittance for baseball, anyway.
Just think of Bud Selig's year over year investment from the Brewers when he bought and sold his franchise. Then moving to a position with a super-high salary of a pro sports commissioner.

With other owners controlling bids, they have the power to make others very wealthy. With media deals going up, up, up and revenue-sharing, they make sure everyone is taken care of. Amazing to think what Reinsdorf will cash out someday for his family for a relatively small ownership level versus what other people have. I am looking forward to the next Sox owner because that person is likely to have a lot of personal money to invest, and the right person may more aggressively pursue a championship. At that point, the team's prospects may have panned out as a whole and some FA additions could make quite a team.
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  #9  
Old 04-16-2017, 07:09 PM
LITTLE NELL LITTLE NELL is offline
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Trade him, trade him, trade him. Get as much as you can for him. Rebuilding remember...

Lip
And the Tribune only paid a couple of million more for the Cubs. What did they get from Ricketts?

MODS: Please move this to the Sox Forbes thread.
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Last edited by LITTLE NELL; 04-16-2017 at 07:28 PM.
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