Started By
Message
re: Braves Offseason - pitchers and catchers report 2/15
Posted on 2/8/19 at 8:44 am to Rhino5
Posted on 2/8/19 at 8:44 am to Rhino5
quote:
Can we please drop the Liberty Media narrative? From my understanding, Liberty views the Braves as an asset on their balance sheet. That's it. Period. They view it like this because the Braves earn a profit every year, and if Liberty ever needed some cash, then they have an asset they could sell in the Braves. They don't take money from them, they're not operationally involved.... the Braves are an asset and that's it. Same if you owned a rental house but didn't take any profits from it, but if you needed to sell it you could take the money from it.
100% correct
By law, Liberty cannot take money from the Braves, nor can they give the Braves money. Thats why building the Battery and a new stadium was so important to the team. It gave them a new revenue stream to use.
If people want to be mad, be mad at McGuirk. He is the one in charge of everything.
Posted on 2/14/19 at 4:53 pm to devils1854
quote:
If people want to be mad, be mad at McGuirk
Correct,the payroll starts and stops with him.
McJerk was his nickname at Turner...he was Ted's tennis partner back in the day and was never respected or liked by any of the senior officers down there.
Popular
Back to top
Follow SECRant for SEC Football News