The worst team in the MLB is apparently also the most profitable. While only one player, Erik Bedard, is making over one million dollars, owner Jim Crane has turned a $99 million operational income. Reports indicate that this outlandish total is more than the previous six World Series champion teams combined.
Crane is a businessman, that much is certain.
Since taking over the team in 2011, the team’s payroll has plummeted $56 million. Couple the payroll cuts with the lack of a TV provider, and the Astros are nothing but profit.
While fans have cried out against the lack of TV coverage, and ranted about Crane’s lack of care for fans, he has proven that he may have been sincere when he said that once the minor league system is filled, the Astros will rise to the top five, or 10, in the majors in payroll.
And Crane hasn’t exactly been deaf to the fans’ immediate needs either. Since taking over, Crane’s most popular policy, by far, is his allowance of fans to bring food and drink to the games.
But in the end, it’s the success of the team that matters most. Those $99 million could have purchased the entire starting lineup of the National League’s all-star team.
Granted, not all of that money will go towards new contracts. Even if only half of it does, however, it’s still a huge sum of money to have in your pockets when rebuilding a team.
The Astros have the right guys in the right places, and it will only be a matter of time before they become one of the premier organizations in the MLB.