No, but spending capital to create a new productive asset is additive to the balance sheet and partner equity, whereas paying a player or any type of employee is pure expense on the income statement. Operating expenses are a different story though, if the asset is actually losing money.D-train wrote: ↑Fri Dec 13, 2024 8:17 pmBS money is fungible. It isn't illegal to reallocate funds internally.GL_Storm wrote: ↑Fri Dec 13, 2024 7:37 pmGiven that this was a capital expenditure, it likely had nothing to do with the player payroll budget.D-train wrote: ↑Fri Dec 13, 2024 4:17 pmBought it in August 2022 so that is why we ended up with Wong Pollack and La Stella in 2023. I heard it is hemorrhaging money. This lease is through 2049 so that provides another quarter century of excuses.
https://www.kiro7.com/news/local/marine ... 6V4WVMISM/
Santana signing within the next week.
Re: Santana signing within the next week.
Re: Santana signing within the next week.
What we know is they pulled back from spending on payroll, have been reported as the highest profit team in baseball, meanwhile they've bought a TV network and restaurant that are losing money.
And payroll continues to flatline right as they promised fans they would make a strong push amd reinvest into the team...
They tried to pass off committing to Julio until 2040 as the investment, and most fans ate it up.
And payroll continues to flatline right as they promised fans they would make a strong push amd reinvest into the team...
They tried to pass off committing to Julio until 2040 as the investment, and most fans ate it up.
Re: Santana signing within the next week.
Restaurants are notoriously difficult businesses to manage. It wouldn't surprise me if this one fails.bpj wrote: ↑Fri Dec 13, 2024 10:59 pmWhat we know is they pulled back from spending on payroll, have been reported as the highest profit team in baseball, meanwhile they've bought a TV network and restaurant that are losing money.
And payroll continues to flatline right as they promised fans they would make a strong push amd reinvest into the team...
They tried to pass off committing to Julio until 2040 as the investment, and most fans ate it up.