Profitgate: Marlins Issue Official Statement Regarding Leaked Financials

[Goodfella]

Deadspin.com posted a bunch of MLB financial records on its website. Here are the Marlins 2008 and 2009 documents. Probably missing a few zeroes.

I doubt they'll be up for long.

[HUGG]

So according to official documents, they made $29,462,000 in 2008 and $3,900,000 in 2009 and that's taken their accumulated deficit from $173,661,000 to $140,292,000.
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Beef, please read these documents and then prepare a presentation for us.

Thanks.

[Goodfella]

I don't know how this compares to other figures posted on Marlins salaries, but total players compensation (including non-25 man roster, taxes, and contribution to MLB player's benefit plan) was $29,739,000 and $43,002,000.

[Beef]

I'm in class and the internet is going super slow - is there a depreciation schedge on there somewhere?

[Goodfella]

It has accumulated depreciation on furniture/computer equip., baseball equip., other equip., and the baseball complex. Not much information, though. File #15.

[Namaste]

:mjpop

[Party]

$450K in parking revenue. That is beyond laughable.

[Goodfella]

A bunch of other team's files are posted on that site, too. Deadspin is going to post more files later today and have an analysis of all of them.

[Party]

Forbes' 2010 revenue estimate was off by $9 million.
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lol @ the Marlins spending $8M in marketing and advertising while the Rays spent $23M.

[Bobbob1313]

Forbes' 2010 revenue estimate was off by $9 million.

Over or under?

[Goodfella]

Forbes' 2010 revenue estimate was off by $9 million.
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lol @ the Marlins spending $8M in marketing and advertising while the Rays spent $23M.

I'm surprised this organization spent any money on advertising.

[Party]

Over or under?

Over.

[kylekash]

I'm surprised this organization spent any money on advertising.

all those super saturday acts don't come cheap... oh wait

[Party]

[Swifty]

Honestly surprised a bigger deal isn't being made about this. Yeah it's not exactly unexpected, but it is revelatory of a pretty big problem.

Plus it's also funny the Marlins debunked Forbes' findings as baseless yet here they are trying to explain it away through "stadium saving."