ST Alpha - "Can someone give me the ROI on this? In 2003 Moreno bought the Angels for 184 million. One valuation has them currently at 2.7 billion. TIA -- nm" (Reading a Post)

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Can someone give me the ROI on this? In 2003 Moreno bought the Angels for 184 million. One valuation has them currently at 2.7 billion. TIA -- nm

Posted by crash davis 😺 (aka crash davis) Feb 19 '24, 09:20

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Responses:

Anthony Rendon says baseball has never been a top priority for him. -- (link) - budice Feb 19, 10:21 1
- That’s a helluva thing to criticize him for saying everything people should think are more important than a job. - Will Hunting Feb 19, 10:29
14% annualized, which is very good but not amazing. -- nm - Reagen Feb 19, 10:03 1
- I would take it every day, twice on Sunday, and three times in Smarch. -- nm - Baron the Wonder Horse Feb 19, 10:27
1,367% -- nm - Krusty Feb 19, 09:26 5
- So from a very limited perspective Arte could possibly think he is doing okay -- nm - crash davis 😺 Feb 19, 09:31 4
  - He could though most people would believe that winning championships is what a team is supposed to do not just make money. -- nm - Krusty Feb 19, 09:38 3
    - I agree but the decisions made in this case point to other possible conclusions. -- nm - crash davis 😺 Feb 19, 09:53 2
      - Sure. Owners driven by maximizing profits over winning are the majority. Though, winning really bumps those profits as fans like to spend money to see - Krusty Feb 19, 10:05 1
        
        But the Angels are "special". They have among the higher payrolls but there's significant parts of it that are mis-spent. -- (edited) - JD Feb 19, 10:10
and he still won't sell. 😭 -- nm - JD Feb 19, 09:25

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