Reds July Game Thread 2024

[*TheLeonardLeap*]

(07-05-2024, 06:21 AM)kevin Wrote: The Reds who lost Money in 2020 covid no fans, and 2021 and 2022 few fans, are in good shape to have back to back years of a lot of fans in 2023 and 2024.  Cincinnati needed this, you can't lose money every year as Reds were doing, and stay in business.  Reds owners were even talking of moving out of Cincinnati if money didn't improve.  The Reds however are making money again, and a Big 4th of July Weekend to go with the Big Memorial Day Weekend they had, is just what Reds bank account needed to stay in Cincinnati.

LOL

Who doesn't love eating up and regurgitating propaganda about the poor billionaire's bank account...

https://www.baseball-reference.com/bullpen/Revenue_sharing

Quote:In Major League Baseball, 48% of local revenues are subject to revenue sharing and are distributed equally among all 30 teams, with each team receiving 3.3% of the total sum generated. As a result, in 2018, each team received $118 million from this pot. Teams also receive a share of national revenues, which were estimated to be $91 million per team, also in 2018.

That's an estimated $209m.


3 years later from 2021:

@joe_sheehan's newsletter today lays out the Reds math:

$60M from national TV
$48M est. from local TV
$30-40M in revenue sharing
~$99M from hosting actual baseball games

And they tell you they "can't afford" to pay Wade Miley or Luis Castillo.

— Chris Garber (@cgarber8) November 12, 2021

That's $237-247m..... and the Reds had a payroll of $126.6m that year. Followed by $115m in 2022 and $96.7m in 2023.


Not even counting the fact that the Reds went from ~$1.05b in value in 2019 to ~$1.25b in 2024, a casual valuation gain of $200m in 5 years on top of the $209-247m/yr in revenue (more now).


Got a bridge to sell you, Kevin, if you want to buy it. If you don't then I am pretty sure I will be out of money and will have to leave Cincinnati.