is having a helluva time revealing the financial secrets of the Los Angeles Angels of Anaheim in "MLB Confidential" on Deadspin.com
, thanks to leaked documents team officials have confirmed are the real deal.
Major League Baseball and
Angels' VP of Communications Tim Mead
are not amused, talking investigations, legal action and stringing up by the balls with the Los Angeles Times
But inquiring minds wanna know: What's the big deal? Here are five favorite revelations. Play ball!
NAME THAT OWNER
|Wikipedia Commons photo by Jodi Miller|
|Arte Moreno (right) poses with a fan, who may or may not have then been offered an ownership interest. |
A previously unknown third minority owner is revealed in the documents. They are "the Popes," which apparently is not the Vatican but a family who purchased a limited partnership interest of 2% for
$3.45 million in January 2006. Team officials have since disclosed the Popes were associates of
owner Arte Moreno.
The team's net playoff revenue was $9.4 million in 2009, when they
advanced to the American League Championship Series and hosted five
playoff games at Angel Stadium.
By comparison, they earmed $3.23 million
in net playoff revenue in '08, when they hosted two playoff
Overall, the Angels generated a net income of $10.7
million last year and $7.08 million in 2008.
See, Arte, winning pays.
BIG BUCKS, SMALL BAT
Deferred compensation for "one player" was $423,000 in 2009 and $441,000 in '08. If that "one player" was for a slugger tearing it up for another team, I'm gonna scream. Player commitments through 2012: $179 million--and still no big bat!