Astros closing in on $100 million in profits for 2013

[Angel Oracle]

http://sports.yahoo.com/blogs/mlb-big-league-stew/houston-astros-worst-record-baseball-making-most-money-175023013.html

 

Seems like any year now, they can start becoming a player for FAs. 

If Jim Crane is smart though he learned from Arte Moreno's mistakes, and will not go crazy over 32 year-olds in decline and still give them massive contracts.

[Schildog]

steinbrenner is rolling in his grave right now.

[Troll Daddy]

Time to sell!

[Blarg]

The Yankees should ask for revenue sharing.

[mtangelsfan]

Are you kidding AO?  Dude is making money.  Why would he sign big name FA?

[Schildog]

The Yankees should ask for revenue sharing.

 

profit sharing tbh. 

[gotbeer]

Look at the Pirates.  It doesn't happen often, but the cheap business plan does work every blue decade.

[AngelsAndRamsFan]

." According to Forbes, who knows a thing or two about the almighty dollar, the 2013 Astros, owners of baseball's lowest payroll, are also the most profitable team in MLB. Not just this season, but in baseball history."

[rageous]

I wonder if teams will now think twice about signing free agents instead of building from within.

I also wonder how profitable the marlins and the dodgers are since they are on the opposite side of the spending.

[HaloFan85]

With $80M coming from their TV deal this year alone.

 

Talk about having a cash cow.

[JAHV76]

Pretty soon they will chamge their name to the Texas Astros of Houston.

[Tyler]

That's going to be over $1M per loss. Congrats Houston.

Edited August 26, 2013 by Shane

[Glen]

I wonder if AO manages to shoehorn Arte Moreno mentions into his daily conversation. OTHER PERSON: I need to get some new tires for my car. AO: If Arte Moreno was buying tires they'd only have 30% wear left on them and he'd pay twice their actual value!

Edited August 26, 2013 by Glen

[Angel Oracle]

Are you kidding AO?  Dude is making money.  Why would he sign big name FA?

Not avoid ALL FAs, but unlike Arte Moreno be smart which ones he pursues.

The next few years will tell if he's only in it to make money, or in it to both win and make money.

Edited August 26, 2013 by Angel Oracle

[Angel Oracle]

I wonder if AO manages to shoehorn Arte Moreno mentions into his daily conversation. OTHER PERSON: I need to get some new tires for my car. AO: If Arte Moreno was buying tires they'd only have 30% wear left on them and he'd pay twice their actual value!

Anything to get out the message about signing aging superstars to big money and messing up the franchise.

At least listen to the scouts Moreno employs, who I would hope saw Hamilton and Pujols going into decline before being signed.

If they didn't, that's also part of the problem (scouts). 

[Docwaukee]

Anything to get out the message about signing aging superstars to big money and messing up the franchise.

At least listen to the scouts Moreno employs, who I would hope saw Hamilton and Pujols going into decline before being signed.

If they didn't, that's also part of the problem (scouts). 

do you really think that's what is happening by you posting here?

[Bruce Nye]

I heard on ESPN radio today that the Astros have gone from the 25th in terms of minor league rankings of players to 14th. 

[Tyler]

It happens whwn you get the #1 pick every year.

[Vegas Halo Fan]

With $80M coming from their TV deal this year alone.

 

Talk about having a cash cow.

 

Part of the discussion on sports talk radio here this afternoon was about that very thing. The $80M may be a phantom profit, since it is guaranteed to the team by a network created by and owned by the team.

[disarcina]

^{Low payroll, I'm sure they still have some bankruptcy debts/ payouts to deal with and many of the profits are from the network deal which is why the new ownership was approved by MLB and the bankruptcy court -- because they could bring solvency to the club and pay off some of the spurned debtors -- including their stadium landlord.........}

 

^{Good for Houston, but they're a long way from spending a lot of money on F/A's ........perhaps they should lure Billy Beane away from Oakland......}

[YouthofToday]

I expect them to bank profit now to allow them to sign prospects long term in a similar fashion to what the Rays did with Longoria and others. This will also allow them to add a major piece if needed in an upcoming option. Talk about massive payroll flexibility -- the exact opposite of Arte's Halos.

[ten ocho recon scout]

True, but the astros have been irrelevant for a long time.

Arte could trade trout now and completely restock the farm. Then trade kendrick, aybar trumbo, etc and get mid grade prospects.

Then we would have a great farm, and create more profit. And we would suck for a bit. Like the astros.

Bottome line, the angels are having their worst year in over a decade. The fans are getting ready to riot. Would the same fans be patient enough to standby for 5 years while we make money but suck?

[Angel Oracle]

I'd rather continue to push through with a few changes without trading prospects, which grows the farm while still trying to win.

A lot of injuries occurred, and a deeper upper farm helps to fill in the gap caused by those DL stints.