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  1. #1







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    Post MLB Reports Teams Lost A Combined $1.8 Billion Last Season

    https://baseball.realgm.com/wiretap/60426/MLB-Reports-Teams-Lost-Combined-$18-Billion-Last-Season

    Major League Baseball privately informed team owners that franchises collectively lost $1.8 billion last year during the annual general manager meetings in Las Vegas this week. The New York Mets led all teams with approximately $350 million in reported losses, though industry observers note these figures represent accounting losses rather than actual declines in franchise valuations or total revenues.

    According to USA Today Sports, the financial disclosures come amid speculation about how teams will approach spending with potential labor negotiations on the horizon. However, general managers interviewed indicated their ownership groups have not imposed spending restrictions due to lockout concerns.

    "Everyone lies at these things," one veteran GM told USA Today Sports. "That's what we do. You never know what to believe. Everyone says they don't have money when they do. The truth comes out in spring training and you find out who lied the least."

    Multiple executives expressed confidence that offseason acquisition patterns will remain consistent despite the reported losses. One National League general manager noted similar concerns preceded the 2021 season without dampening market activity.

    "We had the same thing going into the 2021 season and it didn't stop teams from spending," the NL GM said. "I don't see it having any effect. Now, a year from now, may be a completely different story. But not now. I haven't heard that from any team."

    The Mets' substantial reported losses occur despite owner Steve Cohen's estimated $21 billion net worth. Industry analysts emphasize that franchise valuations and overall revenues have reached record levels across baseball, suggesting the accounting losses reflect tax strategies rather than financial distress.

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  2. #2
    Assistant General Manager





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    More tax loopholes for the rich imo. How can a business remain profitable if it is truly losing 1.8 billion. Time will tell when the recession hits and it will see revenue drop drastically by attendance overall.

    DON
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  3. #3




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    How about the quote: "Everyone lies at these things".
    Doesn't instill confidence in the MLB Teams. And now with the sports betting scandal, dis-honest actions are taking place on different levels.
    Jesus Said:
    "Come Unto me, all ye that labour and are heavy laden, and I will give you rest.
    Matthew 11:28



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