Sunday, November 7, 2010

MLB Financial Documents Leaked, Marlins President Promises Legal Action

Pat Lackeyby Pat Lackey

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For a long time, the real finances behind Major League Baseball have been something of a mystery to the public. Forbes estimates each team's profit every year, but the reliability of the Forbes numbers is always up for debate.

The last two days, though, have brought a whirlwind of information that's shed new light on how baseball does business.

Yesterday, the AP obtained a copy of the Pittsburgh Pirates' financial records and published a story about their profit margins in the past few years. The team responded by opening their books to local reporters to explain where the money had gone. Then, early this morning Deadspin posted a ream of financial documents belonging to the Pirates, Marlins, Angels, Rays and Mariners with a promise of more to come in the next few days.

 

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