Thursday, December 06, 2012
Royals owner David Glass created a stir recently in revealing $70 million to be the budgeted break-even point for the club’s 2013 payroll.
Well, the financial pinch is a lot tighter than initially believed.
That $70 million includes far more than salaries allocated to the 25-man roster for opening day. Club officials say it encompasses the entire 40-man roster and also includes the signing bonus limits for the draft and international spending.
That reduces the break-even point for the 25-man roster – the figure generally used for comparison purposes in public discussions – to roughly $57 million… It also means, as things currently stand, the Royals are already over budget since the projected payroll for their 25-man roster is roughly $65 million.
The District Attorney
Posted: December 06, 2012 at 04:14 PM | 20 comment(s)
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