I've never looked at the numbers even at this high level, so am shocked that media contracts might only cover 60% of payroll in a given (normal) year. I've always assumed they were making money hand over fist via TV (again, relative to payroll).
As I said, I'm likely vastly underestimating it. You also have to remember that the "everything else" is normally a big number. That means they *are* making money and that TV is a large, large portion of that income.
I've never looked at the numbers even at this high level, so am shocked that media contracts might only cover 60% of payroll in a given (normal) year. I've always assumed they were making money hand over fist via TV (again, relative to payroll).
As I said, I'm likely vastly underestimating it. You also have to remember that the "everything else" is normally a big number. That means they *are* making money and that TV is a large, large portion of that income.
If it means baseball, I'm for it. That means Manfred will automatically oppose it.