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southsider2k5

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Posts posted by southsider2k5

    4/26 Games

    in FutureSox Board

    Posted

    3 hours ago, SoCalChiSox said:

    Now that he's turning it on hopefully he'll be starting in Chicago by the latter part of the season.

    And then sent down.

    And then called up

    And then sent down

    And then DFAd for Billy Hamilton. 

    Pham up, Pillar out

    in Pale Hose Talk

    Posted

    1 hour ago, WestEddy said:

    I root for a baseball team. I don't feel compelled to pretend to be "subjective" by screaming about every single innocuous move, some of which, actually make sense. 

    Should have just stopped there.

    Pham up, Pillar out

    in Pale Hose Talk

    Posted

    42 minutes ago, WestEddy said:

    I get tired of the "he won't be on the next good team" complaint. They have to play the games on the schedule. I'm not sure how putting a first year rookie back at AAA to work on things is "panicking". This team is not going to be a 20-140 team. Once they stabilize, win a couple of games, and they're not a daily national news story, maybe then Sosa, Fletcher and Colas will get a full 2-3 month shot to see if they stick. 

    I get tired of you carrying water for this stupidity,  but here we both are.

    • Like 3
    • Thanks 2

    Pham up, Pillar out

    in Pale Hose Talk

    Posted

    45 minutes ago, Dick Allen said:

    3-22 teams operating like the White Sox currently are operating, are not living in reality. I'd much prefer watching Fletcher put up a .650 OPS than watch Otega put up a .680 OPS.  Like you say,, it's probably really unlikely, but Fletcher has a better chance of being able to help the next average White Sox team than any of these dopes Getz is bringing in. This season is already toast. Don't get rid of mediocre young guys for mediocre old guys.

    This.  Exactly this.  Even a chance at Fletcher being your 5th OF in 4 years or a situational lefty in AA is better than a chance at nothing in 1 year.

    Pham up, Pillar out

    in Pale Hose Talk

    Posted

    3 minutes ago, TaylorStSox said:

    I don't think you're wrong, but the majority of these moves are completely inconsequential. 

    If he traded Montgomery for some serviceable MLB players so that we could win 60 games, then I would be irate. These other moves really don't matter.

    Individually they are probably not much.  But the whole idea is future talent hording at this stage.  Even a small chance at a future is better than no fucking way.

    • Like 2

    Pham up, Pillar out

    in Pale Hose Talk

    Posted

    6 minutes ago, fathom said:

    From what I heard, some of the smarter teams in baseball were interested in him at the deadline and during the offseason.    Don’t forget that a lot of other teams didn’t care about the performance of Sox players last year due to awful environment and defense.

    Who and for whom?

    Pham up, Pillar out

    in Pale Hose Talk

    Posted

    Just now, TaylorStSox said:

    Panicking would he calling up Schultz, Montgomery and Thorpe and then trading Robert  DFA'ing Horn is not panicking. 

    Besides, if you're going to panic, starting 3-22 seems like a decent time to start 

    I fully expect Montgomery to be called up any day at the rate we are going.  Look it is one thing to sign vets as place holders so as to NOT rush players, but the fact that other kids (no matter how marginal, they have a better chance at future value than Rafael Fucking Ortega does) are getting released to make room for this trash, that is a problem.  When you KNOW you have no present value, you stop worrying about present value.  You start worrying about your future value.  Trading a low level guy for a lefty specialist, and then releasing him two months later to make room for a guy who has no future with your team is just stupid.  Now you have blown through two potential future pieces (again, no matter how small those odds are) for a guy with no future at all.  Why?  So you can lose 105 games instead of 110?  JFC how stupid can this franchise be?

    • Like 1
    • Thanks 1

    Pham up, Pillar out

    in Pale Hose Talk

    Posted

    1 minute ago, fathom said:

    Sox went for quantity over quality.  Other teams were absolutely interested in him, but Getz used it as a trade to fill roster spots at the big league level.

    What were these other offers?

    Pham up, Pillar out

    in Pale Hose Talk

    Posted

    18 minutes ago, TaylorStSox said:

    He inherited a historically bad major league team with a bad farm system, a historically cheap owner and 2 valuable assets - Cease and Robert. What's he supposed to do? 

    Not freaking panic during the first four weeks of a rebuild?

    • Like 1

    Pham up, Pillar out

    in Pale Hose Talk

    Posted

    31 minutes ago, Quin said:

    The thing is, I can no longer tell if this is Getz trying to rebuild, win, or try to just not be the worst team of all time.

    But the thing is, he's failing at all three.

    He's panicking like he has a month late period.

    • Haha 1

    Understanding Jerry

    in Pale Hose Talk

    Posted

    33 minutes ago, 77 Hitmen said:

    If the Sox are such a money loser, why has the franchise value gone up significantly over the years?  The latest I've read put their value at around $2B and around middle of the pack among MLB teams.   I'm not a business guy or an accountant, but how can such a thing be true if the team has been losing money for several years now?  Serious question - not just a rhetorical one.  Maybe there's a great explanation for this.  According to this site, they've gone up $400M in value since 2020, in other words, since Covid started.

    https://www.statista.com/statistics/194606/mlb-franchise-value-of-the-chicago-white-sox-since-2006/

     

    Supply and demand for ego projects has been the single biggest driver of franchise values in the last few decades, versus back when sports was actually a normal business model.  A pro franchise has become something closer to a megayahct to be shown off to the world versus something to profit from.

    Understanding Jerry

    in Pale Hose Talk

    Posted

    29 minutes ago, Rusty said:

    Ok…

    how about.  I’m right and you are wrong.  Deal with it?  

    Cool.  What amazing compelling knowledge.  Glad your tax cheats have given you insight into professional sports ownership accounting at a level that can't be questioned without hurt feelings.

    Understanding Jerry

    in Pale Hose Talk

    Posted

    21 minutes ago, Rusty said:

    We’ll agree to disagree then because…I’m just a small business owner and I guarantee myself and my accountant could easily hit that ratio.

    If you want to provide something deeper I will listen, but just "trust me" isn't much of an argument.

    Understanding Jerry

    in Pale Hose Talk

    Posted

    56 minutes ago, Rusty said:

    Don’t forget that he began his career as an IRS tax lawyer.

    “He made his initial fortune in real estate, taking advantage of the Frank Lyon Co. v. United Statesdecision by the United States Supreme Court, which allowed economic owners of realty to sell property and lease it back, while transferring the tax deduction for depreciation to the title owner.”

    “He developed a specialty in real estate partnership tax shelters.”

    He’s a smart guy that knows how to make the financial statements work.  That’s why the initial investors agreed to give him full control when he only had a 12% stake and is rumored today to be around 18% owner.  He is very good at making people absolute buckets of cash.  Fans care about wins, investors care about returns.  He is essentially running the Sox & Bulls as an investment or real estate portfolio type of business.

    Sure, but no amount of magical tax knowledge is going to make up $100 million with these kind of revenues.

    Understanding Jerry

    in Pale Hose Talk

    Posted

    13 minutes ago, Rusty said:

    NBC Sports reported that the Sox haven’t been profitable for 3 seasons, basically since COVID.  That being said, anyone in business knows it’s very easy to get a little creative with accounting to avoid certain tax situations.  There’s a reason that many billionaires are able to avoid paying a single dollar of federal income tax.  The real value of the team is the sales price compared to what it was purchased for.  
     

    Jerry also owns 50% of NBC Sports so a. The article could be heavily biased and b. He’s still getting his through the tv deals.  I’m sure there are other connected corporations that we are not aware of that are having Sox revenues funneled through them to show a loss.  About a year ago Jerry acquired a majority stake in Stadium, which I’m confident means 50%+, which is why he’s moving the Sox and Bulls to that provider.  It will give him leverage to get that network on other carriers which means more money for him, they are headquartered at the UC which means he gets to pay himself rent instead of Blackstone, and he can continue to write off the tv deal expenses to a different company that he owns, he’ll have true majority control so expect cost cutting on production and on air talent, and he can write off his losses in a couple years when NBC Chicago.  
     

    That’s how you use fuzzy accounting to direct money around to show that everything is operating at a loss.  I’m very confident that Schiffren was hired because he’s done basketball and football so once they move to Stadium, Jerry can use him on almost every broadcast to save money.  The dude is basically a poor man’s version of Jason.  I guarantee he’s way, way cheaper, and can be convinced to stay away from National commitments that Jason started to have so you can plan to put the guy on a ton of Bulls, Sox, and CFB games.  I wouldn’t put it past Jerry to put him on a hockey game if it saves him a few bucks. 

    Look, I know the Sox get some revenues that don't come through on the baseball side, but if you track the Forbes +/- by year, the Sox are somewhere around $100 million in losses in that time.  While I don't think it is that bad, I would be pretty surprised if they were hiding an extra hundred million dollars in that time period.

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