facebooktwitterRSS
- Advertisement -
  • Most Commentedmost commented up
  • Most Emailedmost emailed up
  • Popularmost popular up
- Advertisement -
 

« News Home

Pirates turning a profit



Published: Sun, August 22, 2010 @ 8:15 p.m.

PITTSBURGH (AP) — To the fans, there’s nothing like a big winner.

To the Pittsburgh Pirates, losing big hasn’t stopped the team from turning a profit.

Amid their current streak of 18 losing seasons, the Pirates generated profits of more than $29 million in 2007 and 2008. The team’s ownership also paid its partners more than $20 million in 2008.

The financial information was submitted by the Pirates to Major League Baseball and recently obtained by The Associated Press.

According to several top sports economists, the Pirates may be making more money by losing than they could by winning. Team officials say that’s nonsense and that they are working to put a winning club on the field.

On Sunday, a slumping Zach Duke limited the Mets to one run over seven innings and Jose Tabata and Lastings Milledge homered, allowing the Pittsburgh Pirates to salvage the final game of the three-game series by beating New York 2-1.

Duke, a loser of eight of his previous 11 starts, struck out five and walked two to win for only the third time in 13 starts since May 18.

The Pirates, trying to dodge their first 100-loss season since 2001, had lost five in a row and 12 of 13 to fall 43 games below .500 at 40-83. The Mets were denied their first road sweep of an NL opponent this season.

Mets starter Johan Santana (10-8) didn’t allow a hit until Pedro Alvarez’s leadoff single in the fifth.


Comments

1Lifes2Short(3875 comments)posted 4 years ago

Hopefully the young guns show the promise there showing now. Look out for the Pirates in a few years.

Suggest removal:

2RealAmericanPatriot(56 comments)posted 4 years ago

Lifes2short - Life is too short for you to root for the Pirates and actually think that ownership is trying to win.

Anytime they have to pay a good player they trade him. What exactly have they done in the last 10-15 years to make you believe they'll be tough in "a few years?"

They sure have a nice stadium, but as far as winning goes, they're not interested.

Suggest removal:

3tookie(64 comments)posted 4 years ago

These owners are newspaper people and do newspaper journalism on the cheap: Warren Trib, Salem News. They are now doing baseball on the cheap and making millions. The only hope is that they will sell someday and bring some respectability back to the Pittsburgh franchise again.

Suggest removal:


News
Opinion
Entertainment
Sports
Marketplace
Classifieds
Records
Discussions
Community
Help
Forms
Neighbors

HomeTerms of UsePrivacy StatementAdvertiseStaff DirectoryHelp
© 2014 Vindy.com. All rights reserved. A service of The Vindicator.
107 Vindicator Square. Youngstown, OH 44503

Phone Main: 330.747.1471 • Interactive Advertising: 330.740.2955 • Classified Advertising: 330.746.6565
Sponsored Links: Vindy Wheels | Vindy Jobs | Vindy Homes | Pittsburgh International Airport