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re: Donaldson to the Twins
Posted on 1/15/20 at 5:38 pm to RD Dawg
Posted on 1/15/20 at 5:38 pm to RD Dawg
Liberty media lets the Braves manage themselves from what I’ve heard. But terry McGuire does not own the team. He’s simply the executor, an employee. Why should I be mad at him? It’s not like the Braves are sitting on mountains of cash. The budget is set and AA operates accordingly.
Btw, the Braves’ financials are freely available since they are publicly traded company. They began operating as a subsidiary of LM a few year ago I believe.
Btw, the Braves’ financials are freely available since they are publicly traded company. They began operating as a subsidiary of LM a few year ago I believe.
2
Posted on 1/15/20 at 6:07 pm to Huge Richard
quote:
But terry McGuire does not own the team. He’s simply the executor, an employee
Dude,read what I posted...it's not up for debate.The Braves a separate entity and the money decisions ALL fall within the organization.
It's clearly stated on the quotes and links.
Posted on 1/15/20 at 6:13 pm to RD Dawg
What exactly are you upset about? The fact that the Braves don’t spend enough money or that AA doesn’t allocate the money he’s given correctly?
Posted on 1/15/20 at 6:13 pm to Huge Richard
quote:
Why should I be mad at him? It’s not like the Braves are sitting on mountains of cash.
Are you freakin kidding me? They are ROLLING in revenue.At the very minimum one of the top 7 in MLB
and they have a mid tier payroll.AROUND $138.million
and revenues of $442 million
Do a little research.
Posted on 1/15/20 at 6:17 pm to Huge Richard
quote:
What exactly are you upset about
The fact that you have no idea what you're talking about.There's no set amount that's "allocated" for AA to spend.
Liberty has nothing with what McGuirk can or can't spend
This post was edited on 1/15/20 at 6:18 pm
Posted on 1/15/20 at 6:19 pm to RD Dawg
quote:
There's no set amount that's "allocated" for AA to spend.
Oh so there is no budget now? Lmao
Posted on 1/15/20 at 6:50 pm to Huge Richard
quote:
Oh so there is no budget now? Lmao
So tell me what the budget is?Was there a budget at the start of last season? If so,tell me what that budget was?
I said there was no "set" budget and a specific amount allocated to AA.
If that was the case they couldn't have signed Donaldson,Keuchal and traded for Melechan..
BTW,I thought the Donaldson price tag was too heavy and I wouldn't have signed em.
Posted on 1/15/20 at 6:51 pm to Huge Richard
quote:
Btw the Braves were 14th in payroll last year. Some of y’all are unreal lmao.
And that's mid tier.What part of mid tier don't you get?
Posted on 1/15/20 at 6:56 pm to Huge Richard
quote:
Do you understand accounting. Revenue does not mean profit.
For fricks sake every team that has a new facility has servicible debt and the Battery debt is no longer part of the Braves financials.
90% of MLB teams would kill for the Braves
financials.
Posted on 1/15/20 at 7:02 pm to RD Dawg
quote:
So tell me what the budget is?Was there a budget at the start of last season? If so,tell me what that budget was?
How should I know. It’s a business. You don’t think there are budgets, forecasts, etc?
quote:
If that was the case they couldn't have signed Donaldson,Keuchal and traded for Melechan..
So? They sign players every year. They use the money they are willing to spend pretty wisely imo. AA is one of the best.
quote:
BTW,I thought the Donaldson price tag was too heavy and I wouldn't have signed em.
So what are we arguing
Posted on 1/15/20 at 7:10 pm to Huge Richard
Braves fans are so delusional sometimes lol. I’ll never forget the twitter mob after Coppy (goat) started the rebuild
Posted on 1/16/20 at 11:36 am to Huge Richard
quote:
How should I know. It’s a business. You don’t think there are budgets, forecasts, etc?
You said AA is given a specific amount to spend every year and he clearly doesn't and obviously has leeway to spend.
They started the year 20th in payroll and ended up 14th.Ya think they "forecasted"that?
quote:
AA is one of the best.
AA was handed the keys to the farm system and team Copallela built.
Posted on 1/17/20 at 9:42 am to RD Dawg
Never looked at the financials. Interesting.
Over a billion dollars in debt now with the battery.
Also interesting, revenue has increase by $180 million in 2016 to $442 million in 2018. I’m sure the number is higher in 2019.
The good news is that as this debt is paid down they will have SIGNIFICANTLY more to spend on payroll. The bad news in the short term is I’m sure Liberty has covenants in the debt which restrict them from “going big” in the short term. (We’re all still counting the days until the shite TV deal expires in 2027)
This is only an opinion but I think the Braves dont think they are there yet. They think they are still 2-3 years from their window of realistically winning the World Series. The starting pitching isn’t there but they hope it will be in 2-3 years and who knows what donaldson’s numbers would look like in 2-3 years or even this year for that matter.
The fan in me wishes we signed him but I understand the decision. We might be looking back in October seeing Donaldson played 58 games and count our lucky stars. Or we may be watching watching the Twins make a deep playoff run. Who knows?
Over a billion dollars in debt now with the battery.
Also interesting, revenue has increase by $180 million in 2016 to $442 million in 2018. I’m sure the number is higher in 2019.
The good news is that as this debt is paid down they will have SIGNIFICANTLY more to spend on payroll. The bad news in the short term is I’m sure Liberty has covenants in the debt which restrict them from “going big” in the short term. (We’re all still counting the days until the shite TV deal expires in 2027)
This is only an opinion but I think the Braves dont think they are there yet. They think they are still 2-3 years from their window of realistically winning the World Series. The starting pitching isn’t there but they hope it will be in 2-3 years and who knows what donaldson’s numbers would look like in 2-3 years or even this year for that matter.
The fan in me wishes we signed him but I understand the decision. We might be looking back in October seeing Donaldson played 58 games and count our lucky stars. Or we may be watching watching the Twins make a deep playoff run. Who knows?
This post was edited on 1/17/20 at 9:45 am
Posted on 1/18/20 at 2:23 pm to BPTiger
I think the bottom line is the Braves would probably be more aggressive with the money they are making now with an owner that wasn't a business subsidiary that had a keen love for the game. But they aren't, I've griped about it, thousands of fans who keep up with revenue and associated payrolls have griped about, it just isn't going to change. Therefor, my expectations will continue to be realistically low, and so should everyone else's.
At least the team is highly entertaining and mostly young, and has given us two division titles in a row.
At least the team is highly entertaining and mostly young, and has given us two division titles in a row.
This post was edited on 1/18/20 at 2:25 pm
Posted on 1/18/20 at 6:01 pm to JCdawg
quote:
At least the team is highly entertaining and mostly young, and has given us two division titles in a row.
Until the young guys realize they got swindled in their contracts become disgruntled and force trades or we have to restructure their contracts. The Braves plan has a very small window before the assets turn over and you are left high and dry and back in the dumpster for 5 more years.
Posted on 1/20/20 at 6:30 am to BPTiger
quote:
The good news is that as this debt is paid down they will have SIGNIFICANTLY more to spend on payroll. The bad news in the short term is I’m sure Liberty has covenants in the debt which restrict them from “going big” in the short term. (We’re all still counting the days until the shite TV deal expires in 2027)
The fact that McGuirk wasn't run out of town after signing that TV deal is pathetic.
Posted on 1/20/20 at 12:12 pm to Wally Sparks
quote:
The fact that McGuirk wasn't run out of town after signing that TV deal is pathetic
Hasn't it been "readusted?"Pretty sure it's about up to $80 million annually.Not great but no where near as bad as it was at first.And once this brand new deal gets put in place the Braves should easily be in the top 5 in MLB revenue.Dont wanna hear em crying poverty and debt ever again.
This post was edited on 1/20/20 at 12:34 pm
Posted on 1/20/20 at 1:01 pm to BPTiger
quote:
Never looked at the financials. Interesting.
I have.
quote:
I’m sure Liberty has covenants in the debt which restrict them from “going big” in the short term
If they did they'd be breaking SEC regulations and law.
quote:
Under securities law, Liberty Media was also limited from just sending money at will to the Braves. Liberty Media is a publicly traded company with a board of directors and shareholders and fiduciary responsibilities. .
quote:Truth is that it's not all that bad.About middle of the pack
(We’re all still counting the days until the shite TV deal expires in 2027
quote:
“It’s … 83 million dollars, rising to, like, 113 (million) in 2028,” Liberty Media CEO Greg Maffei said during a presentation at the Moffett Nathanson Media and Communications Summit in New York last month. He later clarified that the final year of the deal is 2027.
Posted on 1/20/20 at 2:00 pm to RD Dawg
The Braves are a part of a bigger real estate holding play.
The Battery, and it's ecosystem of live-work-play will be copied all over the country, especially with baseball. It's a minimum of 81 event days. Combine that with the concerts at the Roxy and other events at Truist, you're looking at a 3rd of the year being an entertainment center.
My only regret (as noted several times on here), is that this beautiful setup wasn't put next to the city's other gorgeous venues, State Farm Arena and the Benz. The gulch would have been a perfect spot... However, the Centennial Yards project is going to be amazing.
Either way... the Liberty media situation is going to be a thorn in our championship aspirations for a long, long time.
Blank and Ressler as owners are the ideal situations to have. They aren't worried about shareholders or Y-O-Y EBITDA.
The Battery, and it's ecosystem of live-work-play will be copied all over the country, especially with baseball. It's a minimum of 81 event days. Combine that with the concerts at the Roxy and other events at Truist, you're looking at a 3rd of the year being an entertainment center.
My only regret (as noted several times on here), is that this beautiful setup wasn't put next to the city's other gorgeous venues, State Farm Arena and the Benz. The gulch would have been a perfect spot... However, the Centennial Yards project is going to be amazing.
Either way... the Liberty media situation is going to be a thorn in our championship aspirations for a long, long time.
Blank and Ressler as owners are the ideal situations to have. They aren't worried about shareholders or Y-O-Y EBITDA.
This post was edited on 1/20/20 at 2:02 pm
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