The annual Forbes MLB team valuations came out this week, viagra and for the first time since Jose Canseco’s bulging trapezii were mercilessly fatiguing the seams of a White Sox uniform back in 2001, the business publication has estimated an operating loss for owner Jerry Reinsdorf and Co.; the club was $2.7 million in the red in 2013 they say.
The Forbes valuations are a yearly team-by-team estimated market value and financial snapshot report. After last year (or ‘fiscal’ as they like to say in the accounting biz), Forbes ranks the White Sox as the 14th most valuable franchise in baseball, falling from 11th last year and after being as high as 10th in previous seasons.
\nIn the past I’ve used Forbes valuations to argue (although guardedly) for the sound and ever-improving financial health of Chicago sports franchises. I’ll continue to do that. Here’s why: Continue reading