Friday, March 14, 2008

Mark A. in the Milwaukee Business Journal

Every time I read something about the Brewer's owner, I like him more and more.

Attanasio, team chairman and principal owner, confirmed this week that the Brewers' 2008 payroll will exceed $80 million, a franchise record, just four years after it was $27.5 million, the lowest amount in Major League Baseball. In 2004, the team was highly criticized for cutting its payroll by 25 percent and for the departure of team president Ulice Payne.


"When I bought the team, everyone wanted me to get it to $40 million. But we have had a process in place that has worked in allowing us to set a payroll to make sure we are competitive. We do have some challenges in this media market, but we have remained flexible and taken opportunities when they have presented themselves.

"We also have gotten money from Major League Baseball in revenue sharing and from shares of other revenue, such as national television contracts. Shared revenue is very important to this team. All of the money has gone back into payroll."

Mark A., I salute you.

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