$$$ Money $$$
By tknup on Dec 20, 2007 in Featured, MLB
Let’s look at our favorite teams and some money issues.
This is INSANE!
St. Louis Cardinals
A group led by Bill DeWitt Jr. bought the Cardinals for $150M in 1995.
Forbes magazine valued the club at $460M in April, 2007.
- Opening Day payrolls for 25-man roster
(salaries plus pro-rated signing bonuses):- 2007: $90,286,823 *
- 2006: $88,891,371
- 2005: $92,106,833
- 2004: $83,228,333
- 2003: $83,786,666
- 2002: $74,660,875
- 2001: $78,538,333
- 2000: $63,900,000
- 2007: $90,286,823 *
Chicago Cubs
The Tribune Company bought the Cubs for $20.5M in 1981. Forbes magazine valued the club at $592M in April, 2007.
- Opening Day payrolls for 25-man roster
(salaries plus pro-rated signing bonuses):- 2007: $ 99,670,332 *
- 2006: $ 94,424,499
- 2005: $ 87,032,933
- 2004: $ 90,560,000
- 2003: $ 79,868,333
- 2002: $ 75,690,833
- 2001: $ 64,715,833
- 2000: $ 62,100,000
- 2007: $ 99,670,332 *
Chicago White Sox
A group led by Jerry Reinsdorf bought the White Sox for $20M in 1981.
Forbes magazine valued the club at $381M in April, 2007.
- Opening Day payrolls for 25-man roster
(salaries plus pro-rated signing bonuses):- 2007: $108,671,833 *
- 2006: $102,750,667
- 2005: $ 75,178,000
- 2004: $ 65,212,500
- 2003: $ 51,010,000
- 2002: $ 57,052,833
- 2001: $ 65,628,667
- 2000: $ 31,200,000
- 2007: $108,671,833 *
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