Dodgers on track to make lots of money this year

kemp.jpgGood news for the new owners - the team's operating income is expected to be north of $20 million, up from just $1.2 million last season, reports Forbes sports writer Mike Ozanian, citing sources. Only the Cubs and Cardinals are likely to earn more without the aid of revenue-sharing. Attendance is way up this season - averaging over 39,000 per game - though it obviously doesn't hurt that the Dodgers have the best record in baseball. Last year's team was unimpressive almost from the start, and of course there was all the fallout from Frank McCourt's divorce. This season's profits don't even factor in the potential windfall from a pending media deal that will allow the new owners, Guggenheim Partners, to keep more money than other teams with regional sports networks.


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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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