While Rob Manfred personally guaranteed there would be a baseball season this year — in no small part buoyed by the fact that owners believe a March agreement with players means they could ram a 50-game through if they please — there is still considerable acrimony between both sides in the process.
Max Scherzer, a member of the MLBPA executive subcommittee, had this to say about owners who have been grousing that it’s not actually that profitable of a business:
Some owners have mentioned that owning a team isn’t very NET profitable.. You know what other company isn’t very NET profitable? Amazon
— Max Scherzer (@Max_Scherzer) June 11, 2020
In 2019, Amazon had $280.5 billion in revenue and “just” $11.6 billion in net income. The company has notoriously thin margins, and plows much of its profits into growing new arms of the business. Nonetheless, the value of Amazon has grown exponentially, and it’s now a company worth $1.3 trillion.
Scherzer is making the point that even if owners aren’t clearing ginormous cash amounts each year, their franchise values have climbed considerably and it’s a silly look for them to be crying poor.