sethnintendo on 22 August 2016
| Darwinianevolution said: 661 million dollars!? Wow, that's a lot. How profitable was that team anyway? |
The Mariners recently signed a deal with a network for TV rights. This is the main reason why the Mariners value jumped so high in recent years. Not sure what they made on a year to year basis but they did spend ~100 million to acquire 55% stake in 1992. Right now their 10% of remainder stake is worth more than their initial investment of 100 million to acquire 55%. I'd say in the long run it was a good investment.
