interact.stltoday.com
Open in
urlscan Pro
209.96.64.42
Public Scan
URL:
https://interact.stltoday.com/forums/viewtopic.php?t=1506621&start=64
Submission: On December 17 via manual from US — Scanned from CH
Submission: On December 17 via manual from US — Scanned from CH
Form analysis 2 forms found in the DOM
GET ./search.php?sid=64d65ee50bf927d65ad3c03c291bc3b8
<form method="get" id="topic-search" action="./search.php?sid=64d65ee50bf927d65ad3c03c291bc3b8">
<fieldset>
<input class="inputbox search tiny" type="search" name="keywords" id="search_keywords" size="20" placeholder="Search this topic…">
<button class="button button-search" type="submit" title="Search">
<i class="icon fa-search fa-fw" aria-hidden="true"></i><span class="sr-only">Search</span>
</button>
<a href="./search.php?sid=64d65ee50bf927d65ad3c03c291bc3b8" class="button button-search-end" title="Advanced search">
<i class="icon fa-cog fa-fw" aria-hidden="true"></i><span class="sr-only">Advanced search</span>
</a>
<input type="hidden" name="t" value="1506621">
<input type="hidden" name="sf" value="msgonly">
<input type="hidden" name="sid" value="64d65ee50bf927d65ad3c03c291bc3b8">
</fieldset>
</form>POST ./viewtopic.php?t=1506621&start=64&sid=64d65ee50bf927d65ad3c03c291bc3b8
<form method="post" action="./viewtopic.php?t=1506621&start=64&sid=64d65ee50bf927d65ad3c03c291bc3b8">
<div class="dropdown-container dropdown-container-left dropdown-button-control sort-tools">
<span title="Display and sorting options" class="button button-secondary dropdown-trigger dropdown-select dropdown-toggle">
<i class="icon fa-sort-amount-asc fa-fw" aria-hidden="true"></i>
<span class="caret"><i class="icon fa-sort-down fa-fw" aria-hidden="true"></i></span>
</span>
<div class="dropdown hidden">
<div class="pointer">
<div class="pointer-inner"></div>
</div>
<div class="dropdown-contents">
<fieldset class="display-options">
<label>Display: <select name="st" id="st">
<option value="0" selected="selected">All posts</option>
<option value="1">1 day</option>
<option value="7">7 days</option>
<option value="14">2 weeks</option>
<option value="30">1 month</option>
<option value="90">3 months</option>
<option value="180">6 months</option>
<option value="365">1 year</option>
</select></label>
<label>Sort by: <select name="sk" id="sk">
<option value="a">Author</option>
<option value="t" selected="selected">Post time</option>
<option value="s">Subject</option>
</select></label>
<label>Direction: <select name="sd" id="sd">
<option value="a" selected="selected">Ascending</option>
<option value="d">Descending</option>
</select></label>
<hr class="dashed">
<input type="submit" class="button2" name="sort" value="Go">
</fieldset>
</div>
</div>
</div>
</form>Text Content
This website uses cookies to ensure you get the best experience on our website.
Learn more
Got it!
* *
* News
* Obits
* Business
* Sports
* Go!
*
*
* Quick links
*
* Unanswered topics
* Active topics
*
* Search
*
* FAQ
* Login
* Home Forums Sports Cards Talk
* Search
CARDS REVENUE IN 2024 ~$374MILLION WHY CUT ANYMORE?
Welcome to STLtoday.com's forum for fans of the St. Louis Cardinals.
Moderators: STLtoday Forum Moderators, Cards Talk Moderators
Forum rules
Post Reply
* Print view
Search Advanced search
97 posts
* Page 5 of 7
* Jump to page:
*
* Previous
* 1
* …
* 3
* 4
* 5
* 6
* 7
* Next
Barking Lion Forum User Posts: 166 Joined: 23 May 2024 14:46 pm
RE: CARDS REVENUE IN 2024 ~$374MILLION WHY CUT ANYMORE?
* Quote
*
Post by Barking Lion » 06 Nov 2024 11:18 am
> CCard wrote: ↑02 Nov 2024 12:06 pm
> > Barking Lion wrote: ↑02 Nov 2024 08:49 am
> > > CCard wrote: ↑01 Nov 2024 18:18 pm
> > > > BrockFloodMaris wrote: ↑01 Nov 2024 14:03 pm We live in a free market
> > > > economy. Supply and demand still rule the day. Sports is a great example
> > > > of it. YouTube TV let's me split screen multiple events in one view. BDW
> > > > and his partners get to do whatever they want, and we (the fans) get to
> > > > decide if we are going to buy it or not. Bill gets to test the
> > > > elasticity of demand, and we get to decide how much winning really
> > > > matters to us. Either way, I will try to stay beyond the spew of
> > > > outrage.
> > >
> > > LOL...Keep telling yourself it's a "Free market". You should look up how
> > > many Super conglomerates you give your money to. It would shock you.
> > > Supply and Demand only works when there is true choices. My father worked
> > > at Gilster-Marylee in Perryville. They had a company store for employees
> > > and their families. You know, a tiny little discount. You'd be amazed at
> > > how many name brand and off brand cereals come out of the same factory.
> > > Choice is an illusion. Just like internet service. You want decent
> > > internet? In this area? Spectrum or bust. You have much less choice than
> > > you think. Why do they hide it? To keep the illusion alive.
> >
> > What...and what you are depicting isn't part of the free market? People with
> > financing can put a business wherever they can keep it financially viable.
> > If an internet provider wants to go into the STL market, they are free to do
> > so. But if they can't build and keep a customer base that will pay them
> > enough to stay in business, they will die. It doesn't matter if they provide
> > the same product or service and brand it under different names. It's all the
> > free market.
>
> Your stupidity is showing. Try to compete with Walmart. Or Spectrum in this
> area. Yeah, it's a free market.
Sorry for the late reply, but my stupidity? The free market is free because the
government allows the market to take place. It is the free market that allowed
juggernatus like Walmart and Spectrum to become so large. They are hard to
compete against, but it can be done, unlike in a countries where the government
designates a state company that you must buy from.
Top
rockondlouie Forum User Posts: 5066 Joined: 23 May 2024 12:41 pm
RE: CARDS REVENUE IN 2024 ~$374MILLION WHY CUT ANYMORE?
* Quote
*
Post by rockondlouie » 06 Nov 2024 12:14 pm
> AZ_Cardsfan wrote: ↑02 Nov 2024 11:15 am What was their profit last year?
No one has 2024 figures AZC
But in 2023 per Forbes:
Revenue
$372M
Operating Income
$57M
Top
Cranny Forum User Posts: 2262 Joined: 24 May 2024 09:26 am
RE: CARDS REVENUE IN 2024 ~$374MILLION WHY CUT ANYMORE?
* Quote
*
Post by Cranny » 06 Nov 2024 12:21 pm
> rockondlouie wrote: ↑06 Nov 2024 12:14 pm
> > AZ_Cardsfan wrote: ↑02 Nov 2024 11:15 am What was their profit last year?
>
> No one has 2024 figures AZC
>
> But in 2023 per Forbes:
>
> Revenue
> $372M
> Operating Income
> $57M
Better factor in interest payments and principle reduction as required by the
banks.
Top
rockondlouie Forum User Posts: 5066 Joined: 23 May 2024 12:41 pm
RE: CARDS REVENUE IN 2024 ~$374MILLION WHY CUT ANYMORE?
* Quote
*
Post by rockondlouie » 06 Nov 2024 12:35 pm
> Cranny wrote: ↑06 Nov 2024 12:21 pm
> > rockondlouie wrote: ↑06 Nov 2024 12:14 pm
> > > AZ_Cardsfan wrote: ↑02 Nov 2024 11:15 am What was their profit last year?
> >
> > No one has 2024 figures AZC
> >
> > But in 2023 per Forbes:
> >
> > Revenue
> > $372M
> > Operating Income
> > $57M
>
> Better factor in interest payments and principle reduction as required by the
> banks.
Give me the terms and interest rate.
Top
hofmann13 Forum User Posts: 480 Joined: 24 Aug 2018 09:00 am
RE: CARDS REVENUE IN 2024 ~$374MILLION WHY CUT ANYMORE?
* Quote
*
Post by hofmann13 » 06 Nov 2024 12:38 pm
> CCard wrote: ↑02 Nov 2024 12:06 pm
> > Barking Lion wrote: ↑02 Nov 2024 08:49 am
> > > CCard wrote: ↑01 Nov 2024 18:18 pm
> > > > BrockFloodMaris wrote: ↑01 Nov 2024 14:03 pm We live in a free market
> > > > economy. Supply and demand still rule the day. Sports is a great example
> > > > of it. YouTube TV let's me split screen multiple events in one view. BDW
> > > > and his partners get to do whatever they want, and we (the fans) get to
> > > > decide if we are going to buy it or not. Bill gets to test the
> > > > elasticity of demand, and we get to decide how much winning really
> > > > matters to us. Either way, I will try to stay beyond the spew of
> > > > outrage.
> > >
> > > LOL...Keep telling yourself it's a "Free market". You should look up how
> > > many Super conglomerates you give your money to. It would shock you.
> > > Supply and Demand only works when there is true choices. My father worked
> > > at Gilster-Marylee in Perryville. They had a company store for employees
> > > and their families. You know, a tiny little discount. You'd be amazed at
> > > how many name brand and off brand cereals come out of the same factory.
> > > Choice is an illusion. Just like internet service. You want decent
> > > internet? In this area? Spectrum or bust. You have much less choice than
> > > you think. Why do they hide it? To keep the illusion alive.
> >
> > What...and what you are depicting isn't part of the free market? People with
> > financing can put a business wherever they can keep it financially viable.
> > If an internet provider wants to go into the STL market, they are free to do
> > so. But if they can't build and keep a customer base that will pay them
> > enough to stay in business, they will die. It doesn't matter if they provide
> > the same product or service and brand it under different names. It's all the
> > free market.
>
> Your stupidity is showing. Try to compete with Walmart. Or Spectrum in this
> area. Yeah, it's a free market.
So you're saying the things sold at wal Mart can only be bought at wal mart and
Verizon /att internet isn't an alternative to spectrum? Competing doesn't mean
winning. Anyone is free to try...
Top
AZ_Cardsfan Forum User Posts: 310 Joined: 26 May 2024 00:49 am
RE: CARDS REVENUE IN 2024 ~$374MILLION WHY CUT ANYMORE?
* Quote
*
Post by AZ_Cardsfan » 06 Nov 2024 12:43 pm
> rockondlouie wrote: ↑06 Nov 2024 12:14 pm
> > AZ_Cardsfan wrote: ↑02 Nov 2024 11:15 am What was their profit last year?
>
> No one has 2024 figures AZC
>
> But in 2023 per Forbes:
>
> Revenue
> $372M
> Operating Income
> $57M
Yeah but that is Forbes estimate. They do not have access to their books. And
they could be wildly off.
BTW I believe you and I have been in agreement they COULD spend more than they
have. I guessed they could reach $200 mil salary and still be profitable. But it
was a guess. Now I would guess not. Their revenues are going to fall off some.
Top
rockondlouie Forum User Posts: 5066 Joined: 23 May 2024 12:41 pm
RE: CARDS REVENUE IN 2024 ~$374MILLION WHY CUT ANYMORE?
* Quote
*
Post by rockondlouie » 06 Nov 2024 12:49 pm
> AZ_Cardsfan wrote: ↑06 Nov 2024 12:43 pm
> > rockondlouie wrote: ↑06 Nov 2024 12:14 pm
> > > AZ_Cardsfan wrote: ↑02 Nov 2024 11:15 am What was their profit last year?
> >
> > No one has 2024 figures AZC
> >
> > But in 2023 per Forbes:
> >
> > Revenue
> > $372M
> > Operating Income
> > $57M
>
> Yeah but that is Forbes estimate. They do not have access to their books. And
> they could be wildly off.
>
> BTW I believe you and I have been in agreement they COULD spend more than they
> have. I guessed they could reach $200 mil salary and still be profitable. But
> it was a guess. Now I would guess not. Their revenues are going to fall off
> some.
No one has "access" to the books except the individual teams.
Owners have never been willing to open them.
And yes we are, they could've easily gone to $190-200M and still made a tidy
profit.
If they tear the team to pieces like some in here want them too, then revenues
will plummet as they'll be lucky to draw 2M (and the TV revenue could drop
$15-20M also).
The days of calling for a $190-200M payroll are over until BDWJr sells the team,
if he ever does.
BTW, the Phillies w/a $247M 2024 payroll just announced they plan to ADD to
their 2025 payroll while the Cardinals will try to lower theirs to $100-120M
depending on how many quality players they sell off
Top
Cranny Forum User Posts: 2262 Joined: 24 May 2024 09:26 am
RE: CARDS REVENUE IN 2024 ~$374MILLION WHY CUT ANYMORE?
* Quote
*
Post by Cranny » 06 Nov 2024 12:56 pm
> rockondlouie wrote: ↑06 Nov 2024 12:35 pm
> > Cranny wrote: ↑06 Nov 2024 12:21 pm
> > > rockondlouie wrote: ↑06 Nov 2024 12:14 pm
> > > > AZ_Cardsfan wrote: ↑02 Nov 2024 11:15 am What was their profit last
> > > > year?
> > >
> > > No one has 2024 figures AZC
> > >
> > > But in 2023 per Forbes:
> > >
> > > Revenue
> > > $372M
> > > Operating Income
> > > $57M
> >
> > Better factor in interest payments and principle reduction as required by
> > the banks.
>
>
> Give me the terms and interest rate.
Privately held company. But some reports say that the debt is 7% of the
appraised value of the asset.
And right now prime is at 8%. Who knows what principle reduction is required by
the banks.
At least you can do the math on the interest payments portion.
Top
thetank2 Forum User Posts: 2807 Joined: 23 Aug 2018 10:30 am
RE: CARDS REVENUE IN 2024 ~$374MILLION WHY CUT ANYMORE?
* Quote
*
Post by thetank2 » 06 Nov 2024 16:32 pm
> AZ_Cardsfan wrote: ↑06 Nov 2024 12:43 pm
> > rockondlouie wrote: ↑06 Nov 2024 12:14 pm
> > > AZ_Cardsfan wrote: ↑02 Nov 2024 11:15 am What was their profit last year?
> >
> > No one has 2024 figures AZC
> >
> > But in 2023 per Forbes:
> >
> > Revenue
> > $372M
> > Operating Income
> > $57M
>
> Yeah but that is Forbes estimate. They do not have access to their books. And
> they could be wildly off.
>
> BTW I believe you and I have been in agreement they COULD spend more than they
> have. I guessed they could reach $200 mil salary and still be profitable. But
> it was a guess. Now I would guess not. Their revenues are going to fall off
> some.
Unless the next owner wants to lose money on his investment of the Cardinals his
payroll will be even less.
Top
Cranny Forum User Posts: 2262 Joined: 24 May 2024 09:26 am
RE: CARDS REVENUE IN 2024 ~$374MILLION WHY CUT ANYMORE?
* Quote
*
Post by Cranny » 06 Nov 2024 17:47 pm
> thetank2 wrote: ↑06 Nov 2024 16:32 pm
> > AZ_Cardsfan wrote: ↑06 Nov 2024 12:43 pm
> > > rockondlouie wrote: ↑06 Nov 2024 12:14 pm
> > > > AZ_Cardsfan wrote: ↑02 Nov 2024 11:15 am What was their profit last
> > > > year?
> > >
> > > No one has 2024 figures AZC
> > >
> > > But in 2023 per Forbes:
> > >
> > > Revenue
> > > $372M
> > > Operating Income
> > > $57M
> >
> > Yeah but that is Forbes estimate. They do not have access to their books.
> > And they could be wildly off.
> >
> > BTW I believe you and I have been in agreement they COULD spend more than
> > they have. I guessed they could reach $200 mil salary and still be
> > profitable. But it was a guess. Now I would guess not. Their revenues are
> > going to fall off some.
>
> Unless the next owner wants to lose money on his investment of the Cardinals
> his payroll will be even less.
People don’t pay all cash for acquisitions as a rule. They leverage with debt,
which will limit operating expenses.
Top
CCard Forum User Posts: 371 Joined: 21 Aug 2024 08:39 am
RE: CARDS REVENUE IN 2024 ~$374MILLION WHY CUT ANYMORE?
* Quote
*
Post by CCard » 06 Nov 2024 18:13 pm
> hofmann13 wrote: ↑06 Nov 2024 12:38 pm
> > CCard wrote: ↑02 Nov 2024 12:06 pm
> > > Barking Lion wrote: ↑02 Nov 2024 08:49 am
> > > > CCard wrote: ↑01 Nov 2024 18:18 pm
> > > > > BrockFloodMaris wrote: ↑01 Nov 2024 14:03 pm We live in a free market
> > > > > economy. Supply and demand still rule the day. Sports is a great
> > > > > example of it. YouTube TV let's me split screen multiple events in one
> > > > > view. BDW and his partners get to do whatever they want, and we (the
> > > > > fans) get to decide if we are going to buy it or not. Bill gets to
> > > > > test the elasticity of demand, and we get to decide how much winning
> > > > > really matters to us. Either way, I will try to stay beyond the spew
> > > > > of outrage.
> > > >
> > > > LOL...Keep telling yourself it's a "Free market". You should look up how
> > > > many Super conglomerates you give your money to. It would shock you.
> > > > Supply and Demand only works when there is true choices. My father
> > > > worked at Gilster-Marylee in Perryville. They had a company store for
> > > > employees and their families. You know, a tiny little discount. You'd be
> > > > amazed at how many name brand and off brand cereals come out of the same
> > > > factory. Choice is an illusion. Just like internet service. You want
> > > > decent internet? In this area? Spectrum or bust. You have much less
> > > > choice than you think. Why do they hide it? To keep the illusion alive.
> > >
> > > What...and what you are depicting isn't part of the free market? People
> > > with financing can put a business wherever they can keep it financially
> > > viable. If an internet provider wants to go into the STL market, they are
> > > free to do so. But if they can't build and keep a customer base that will
> > > pay them enough to stay in business, they will die. It doesn't matter if
> > > they provide the same product or service and brand it under different
> > > names. It's all the free market.
> >
> > Your stupidity is showing. Try to compete with Walmart. Or Spectrum in this
> > area. Yeah, it's a free market.
>
> So you're saying the things sold at wal Mart can only be bought at wal mart
> and Verizon /att internet isn't an alternative to spectrum? Competing doesn't
> mean winning. Anyone is free to try...
Verizon/ATT ? Are you kidding? Do you know anything about high speed and
bandwidth?
Top
CCard Forum User Posts: 371 Joined: 21 Aug 2024 08:39 am
RE: CARDS REVENUE IN 2024 ~$374MILLION WHY CUT ANYMORE?
* Quote
*
Post by CCard » 06 Nov 2024 18:14 pm
> Barking Lion wrote: ↑06 Nov 2024 11:18 am
> > CCard wrote: ↑02 Nov 2024 12:06 pm
> > > Barking Lion wrote: ↑02 Nov 2024 08:49 am
> > > > CCard wrote: ↑01 Nov 2024 18:18 pm
> > > > > BrockFloodMaris wrote: ↑01 Nov 2024 14:03 pm We live in a free market
> > > > > economy. Supply and demand still rule the day. Sports is a great
> > > > > example of it. YouTube TV let's me split screen multiple events in one
> > > > > view. BDW and his partners get to do whatever they want, and we (the
> > > > > fans) get to decide if we are going to buy it or not. Bill gets to
> > > > > test the elasticity of demand, and we get to decide how much winning
> > > > > really matters to us. Either way, I will try to stay beyond the spew
> > > > > of outrage.
> > > >
> > > > LOL...Keep telling yourself it's a "Free market". You should look up how
> > > > many Super conglomerates you give your money to. It would shock you.
> > > > Supply and Demand only works when there is true choices. My father
> > > > worked at Gilster-Marylee in Perryville. They had a company store for
> > > > employees and their families. You know, a tiny little discount. You'd be
> > > > amazed at how many name brand and off brand cereals come out of the same
> > > > factory. Choice is an illusion. Just like internet service. You want
> > > > decent internet? In this area? Spectrum or bust. You have much less
> > > > choice than you think. Why do they hide it? To keep the illusion alive.
> > >
> > > What...and what you are depicting isn't part of the free market? People
> > > with financing can put a business wherever they can keep it financially
> > > viable. If an internet provider wants to go into the STL market, they are
> > > free to do so. But if they can't build and keep a customer base that will
> > > pay them enough to stay in business, they will die. It doesn't matter if
> > > they provide the same product or service and brand it under different
> > > names. It's all the free market.
> >
> > Your stupidity is showing. Try to compete with Walmart. Or Spectrum in this
> > area. Yeah, it's a free market.
>
> Sorry for the late reply, but my stupidity? The free market is free because
> the government allows the market to take place. It is the free market that
> allowed juggernatus like Walmart and Spectrum to become so large. They are
> hard to compete against, but it can be done, unlike in a countries where the
> government designates a state company that you must buy from.
It's not a free market when the big fish eat the little fish. It's a monopoly.
Do some research.
Top
Barking Lion Forum User Posts: 166 Joined: 23 May 2024 14:46 pm
RE: CARDS REVENUE IN 2024 ~$374MILLION WHY CUT ANYMORE?
* Quote
*
Post by Barking Lion » 06 Nov 2024 19:04 pm
> CCard wrote: ↑06 Nov 2024 18:14 pm
> > Barking Lion wrote: ↑06 Nov 2024 11:18 am
> > > CCard wrote: ↑02 Nov 2024 12:06 pm
> > > > Barking Lion wrote: ↑02 Nov 2024 08:49 am
> > > > > CCard wrote: ↑01 Nov 2024 18:18 pm
> > > > > > BrockFloodMaris wrote: ↑01 Nov 2024 14:03 pm We live in a free
> > > > > > market economy. Supply and demand still rule the day. Sports is a
> > > > > > great example of it. YouTube TV let's me split screen multiple
> > > > > > events in one view. BDW and his partners get to do whatever they
> > > > > > want, and we (the fans) get to decide if we are going to buy it or
> > > > > > not. Bill gets to test the elasticity of demand, and we get to
> > > > > > decide how much winning really matters to us. Either way, I will try
> > > > > > to stay beyond the spew of outrage.
> > > > >
> > > > > LOL...Keep telling yourself it's a "Free market". You should look up
> > > > > how many Super conglomerates you give your money to. It would shock
> > > > > you. Supply and Demand only works when there is true choices. My
> > > > > father worked at Gilster-Marylee in Perryville. They had a company
> > > > > store for employees and their families. You know, a tiny little
> > > > > discount. You'd be amazed at how many name brand and off brand cereals
> > > > > come out of the same factory. Choice is an illusion. Just like
> > > > > internet service. You want decent internet? In this area? Spectrum or
> > > > > bust. You have much less choice than you think. Why do they hide it?
> > > > > To keep the illusion alive.
> > > >
> > > > What...and what you are depicting isn't part of the free market? People
> > > > with financing can put a business wherever they can keep it financially
> > > > viable. If an internet provider wants to go into the STL market, they
> > > > are free to do so. But if they can't build and keep a customer base that
> > > > will pay them enough to stay in business, they will die. It doesn't
> > > > matter if they provide the same product or service and brand it under
> > > > different names. It's all the free market.
> > >
> > > Your stupidity is showing. Try to compete with Walmart. Or Spectrum in
> > > this area. Yeah, it's a free market.
> >
> > Sorry for the late reply, but my stupidity? The free market is free because
> > the government allows the market to take place. It is the free market that
> > allowed juggernatus like Walmart and Spectrum to become so large. They are
> > hard to compete against, but it can be done, unlike in a countries where the
> > government designates a state company that you must buy from.
>
> It's not a free market when the big fish eat the little fish. It's a monopoly.
> Do some research.
You need to do some research. The definition of a Free Market is this from
Investopedia. It is the same other places.
"A free market is one where the laws of supply and demand provide the sole basis
for the economic system, without government intervention."
https://www.investopedia.com/terms/f/freemarket.asp
A monopoly is a derivative problem of the free market. You may also want to do
some research on the requirements for a company to be considered a monopoly. My
whole point is that terms have meanings. They can't be thrown around without
context.
Top
mattmitchl44 Forum User Posts: 1106 Joined: 23 May 2024 15:33 pm
RE: CARDS REVENUE IN 2024 ~$374MILLION WHY CUT ANYMORE?
* Quote
*
Post by mattmitchl44 » 07 Nov 2024 05:30 am
> AZ_Cardsfan wrote: ↑06 Nov 2024 12:43 pm
> > rockondlouie wrote: ↑06 Nov 2024 12:14 pm
> > > AZ_Cardsfan wrote: ↑02 Nov 2024 11:15 am What was their profit last year?
> >
> > No one has 2024 figures AZC
> >
> > But in 2023 per Forbes:
> >
> > Revenue
> > $372M
> > Operating Income
> > $57M
>
> Yeah but that is Forbes estimate. They do not have access to their books. And
> they could be wildly off.
>
> BTW I believe you and I have been in agreement they COULD spend more than they
> have. I guessed they could reach $200 mil salary and still be profitable. But
> it was a guess. Now I would guess not. Their revenues are going to fall off
> some.
I would also come back to - it's never up to the fans to define what is an
"acceptable profit" for the owners anyway. You may think that as long as they
make $1 that should be acceptable, or you may think they could make $50 million
and have that be "acceptable."
The only reasonable expectation I can come up with is - are they taking profits
which are generally in line with other MLB teams. If you believe Forbes numbers
in at least a relative sense, the Cardinals taking $57 million in profits is not
far out of line with the median for all MLB teams.
The question shouldn't be - "are they making a profit?" - it should be - "are
they taking considerably more in profit than other MLB teams, and should they
instead be investing more of that back into the team?"
Top
CCard Forum User Posts: 371 Joined: 21 Aug 2024 08:39 am
RE: CARDS REVENUE IN 2024 ~$374MILLION WHY CUT ANYMORE?
* Quote
*
Post by CCard » 07 Nov 2024 17:05 pm
> Barking Lion wrote: ↑06 Nov 2024 19:04 pm
> > CCard wrote: ↑06 Nov 2024 18:14 pm
> > > Barking Lion wrote: ↑06 Nov 2024 11:18 am
> > > > CCard wrote: ↑02 Nov 2024 12:06 pm
> > > > > Barking Lion wrote: ↑02 Nov 2024 08:49 am
> > > > > > CCard wrote: ↑01 Nov 2024 18:18 pm
> > > > > > > BrockFloodMaris wrote: ↑01 Nov 2024 14:03 pm We live in a free
> > > > > > > market economy. Supply and demand still rule the day. Sports is a
> > > > > > > great example of it. YouTube TV let's me split screen multiple
> > > > > > > events in one view. BDW and his partners get to do whatever they
> > > > > > > want, and we (the fans) get to decide if we are going to buy it or
> > > > > > > not. Bill gets to test the elasticity of demand, and we get to
> > > > > > > decide how much winning really matters to us. Either way, I will
> > > > > > > try to stay beyond the spew of outrage.
> > > > > >
> > > > > > LOL...Keep telling yourself it's a "Free market". You should look up
> > > > > > how many Super conglomerates you give your money to. It would shock
> > > > > > you. Supply and Demand only works when there is true choices. My
> > > > > > father worked at Gilster-Marylee in Perryville. They had a company
> > > > > > store for employees and their families. You know, a tiny little
> > > > > > discount. You'd be amazed at how many name brand and off brand
> > > > > > cereals come out of the same factory. Choice is an illusion. Just
> > > > > > like internet service. You want decent internet? In this area?
> > > > > > Spectrum or bust. You have much less choice than you think. Why do
> > > > > > they hide it? To keep the illusion alive.
> > > > >
> > > > > What...and what you are depicting isn't part of the free market?
> > > > > People with financing can put a business wherever they can keep it
> > > > > financially viable. If an internet provider wants to go into the STL
> > > > > market, they are free to do so. But if they can't build and keep a
> > > > > customer base that will pay them enough to stay in business, they will
> > > > > die. It doesn't matter if they provide the same product or service and
> > > > > brand it under different names. It's all the free market.
> > > >
> > > > Your stupidity is showing. Try to compete with Walmart. Or Spectrum in
> > > > this area. Yeah, it's a free market.
> > >
> > > Sorry for the late reply, but my stupidity? The free market is free
> > > because the government allows the market to take place. It is the free
> > > market that allowed juggernatus like Walmart and Spectrum to become so
> > > large. They are hard to compete against, but it can be done, unlike in a
> > > countries where the government designates a state company that you must
> > > buy from.
> >
> > It's not a free market when the big fish eat the little fish. It's a
> > monopoly. Do some research.
>
> You need to do some research. The definition of a Free Market is this from
> Investopedia. It is the same other places.
>
> "A free market is one where the laws of supply and demand provide the sole
> basis for the economic system, without government intervention."
>
> https://www.investopedia.com/terms/f/freemarket.asp
>
> A monopoly is a derivative problem of the free market. You may also want to do
> some research on the requirements for a company to be considered a monopoly.
> My whole point is that terms have meanings. They can't be thrown around
> without context.
How many Mom and Pop stores does Walmart have to put out of business before you
admit that we don't live in a free market? You can say that all you want and it
still won't be true. You can link some nebulous article but here in the real
world it's easy to see first hand. Ever goe to a restaurant and see them serve
Coke and Pepsi? No, you haven't and no you won't. You know why. How many drug
companies develop a product WITH government subsidization and then control the
patent while charging exorbitant amount for it? Yeah, that's free market. Free
market without rules or restraint is the reason Amazon got so big. It's the
reason Walmart is so big. When the big fish eat the little fish, it isn't called
"Free Market".
Top
AZ_Cardsfan Forum User Posts: 310 Joined: 26 May 2024 00:49 am
RE: CARDS REVENUE IN 2024 ~$374MILLION WHY CUT ANYMORE?
* Quote
*
Post by AZ_Cardsfan » 07 Nov 2024 17:37 pm
> mattmitchl44 wrote: ↑07 Nov 2024 05:30 am
> > AZ_Cardsfan wrote: ↑06 Nov 2024 12:43 pm
> > > rockondlouie wrote: ↑06 Nov 2024 12:14 pm
> > > > AZ_Cardsfan wrote: ↑02 Nov 2024 11:15 am What was their profit last
> > > > year?
> > >
> > > No one has 2024 figures AZC
> > >
> > > But in 2023 per Forbes:
> > >
> > > Revenue
> > > $372M
> > > Operating Income
> > > $57M
> >
> > Yeah but that is Forbes estimate. They do not have access to their books.
> > And they could be wildly off.
> >
> > BTW I believe you and I have been in agreement they COULD spend more than
> > they have. I guessed they could reach $200 mil salary and still be
> > profitable. But it was a guess. Now I would guess not. Their revenues are
> > going to fall off some.
>
> I would also come back to - it's never up to the fans to define what is an
> "acceptable profit" for the owners anyway. You may think that as long as they
> make $1 that should be acceptable, or you may think they could make $50
> million and have that be "acceptable."
>
> The only reasonable expectation I can come up with is - are they taking
> profits which are generally in line with other MLB teams. If you believe
> Forbes numbers in at least a relative sense, the Cardinals taking $57 million
> in profits is not far out of line with the median for all MLB teams.
>
> The question shouldn't be - "are they making a profit?" - it should be - "are
> they taking considerably more in profit than other MLB teams, and should they
> instead be investing more of that back into the team?"
Fair enough. My argument before FOR spending more was that it would make good
business sense in that they had the makings of a playoff contender but looked
short and another $25 mil player in near elite territory would reap more
revenues in tickets, swag and playoff income than he cost.
But to your argument YES. It isn't my business how much they make. We as fans
have no right to define their business model. We can only decide if we wish to
spend our dollars on their product.
Top
Post Reply
* Print view
Display: All posts1 day7 days2 weeks1 month3 months6 months1 year Sort by:
AuthorPost timeSubject Direction: AscendingDescending
--------------------------------------------------------------------------------
97 posts
* Page 5 of 7
* Jump to page:
*
* Previous
* 1
* …
* 3
* 4
* 5
* 6
* 7
* Next
Return to “Cards Talk”
Jump to
* Announcements
* Sports
* ↳ Blues Talk
* ↳ Cards Talk
* ↳ BattleHawks talk
* ↳ Illini Talk
* ↳ Mizzou Talk
* ↳ Prep Sports Talk
* ↳ SLU Talk
* ↳ Soccer Talk
* Life & Entertainment
* ↳ Food Talk
* ↳ Pop Off
* ↳ Reel Time
* ↳ Tube Talk
* ↳ Pet Talk
* Home Forums
*
* Delete cookies
* Contact us
Powered by phpBB® Forum Software © phpBB Limited
Privacy | Terms