Statement of profit and loss for year ending in 1954
Brooklyn N
Income:
Games at home ########
Games away 444,635
Exhibition games
Redio and television 609,490
Concessions (net) 270,135
Other Income 57,489
Total Income: ########
Expenses:
Players' salaries 570,707
Players' bonuses 7,000
Players' contracts purchased (sold), net (171,000)
Officers' Salaries 102,500
Other expenses ########
Total Expenses: ########
Net Income (loss) including companies other than farm clubs, before taxes on income 776,405
Net income (loss) of farm club subsidiaries, before taxes on income (321,009)
Net income (loss) before taxes on income 455,396
Provision for Federal and other taxes on income 245,417
Net income (loss) 209,979
Add (deduct):
Dividends paid
Other earned surplus transactions (net)
Net increase (decrease) in earned surplus 209,979
Source: Committee on the Judiciary. House of Representatives. Organized Professional Team Sports. 85th Cong. 1st sess.
Note: "Other expenses" are broken out in detail, same document, Pt. 2, pp. 2034-2046.
Milwaukee N
Chicago NCincinnati N N N
New York PhiliadelphiaPittsburgh NSt. Louis NBaltimore A Boston A
$803,149 $911,814 ######## ######## $945,428 $631,151 ######## ######## ########
228,779 ######## 280,724 335,479 258,533 172,123 297,265 176,788 308,696
36,680 7,037 5,047 4,852 69,102
156,078 120,130 136,500 490,192 203,865 125,000 326,625 312,795 360,965
308,715 144,354 548,005 309,353 69,525 119,268 225,389 242,568 162,814
75,506 43,235 68,435 497,023 124,315 167,346 101,969 108,555 150,945
######## ######## ######## ######## ######## ######## ######## ######## ########
449,024 325,318 401,505 518,208 375,677 350,849 417,105 386,216 450,796
82,970 165,300 20,667 35,000 10,000 7,500 30,000
34,984 (67,500) 123,300 (10,433) 202,124 (287,500) 565,000 176,950 (71,500)
38,208 48,288 54,000 117,812 39,367 137,000 59,000 17,667 50,000
983,346 ######## ######## ######## ######## ######## ######## ######## ########
######## ######## ######## ######## ######## ######## ######## ######## ########
(16,305) 111,792 ######## 657,067 (116,455) (205,205) 26,658 715,581 127,359
(55,709) (36,329) (223,322) (11,283) (139,851) 6,285 (561,040) (61,681) (124,273)
(72,014) 75,463 959,742 645,784 (256,306) (198,920) (534,382) 653,900 3,086
51,265 502,629 250,059 10,493
(72,014) 24,198 457,113 395,725 (256,306) (198,920) (534,382) 643,407 3,086
(24,770) (70,506)
(85,500) (8,742) (1,360) (44,020) 24,370
(72,014) (86,072) 457,113 316,477 (257,666) (198,920) (534,382) 599,387 27,456
Team Sports. 85th Cong. 1st sess. 1957, Pt. 1, pp. 354-363
P A
Chicago ACleveland A Detroit A New York A hiladephiaWashington A
######## ######## ######## $345,634 $643,011
304,028 426,083 475,137 187,936 202,044
83,472 8,436 4,436
434,185 635,762 675,000 300,035 341,186
325,841 125,581 397,813 191,117 97,994
224,657 328,724 431,517 167,502 185,240
######## ######## ######## ######## ######## ########
427,659 592,660 674,622 357,329 376,971
22,000 137,510 2,200 23,606
220,600 (37,500) (85,200) (22,500) 29,055
196,126 171,420 127,933 64,583 86,550
######## ######## ######## 91,496 710,630
######## ######## ######## ######## 490,908 ########
600,509 ######## 114,572 754,661 (90,218) 217,099
(150,245) 117,182 (253,261) (127,688) (126,735)
450,264 ######## 114,572 501,400 (217,906) 90,364
247,369 560,509 28,107 326,524 41,474
202,895 582,983 86,465 174,876 (217,906) 48,890
(15,000) (18,925)
6,517 141,245 27,969
209,412 567,983 86,465 174,876 (76,661) 57,934