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You are here: Home / News / Royals Made Money In 2004 Despite 104 Losses

Royals Made Money In 2004 Despite 104 Losses

May 3, 2005 By admin Leave a Comment

The 2004 season may have been a bust for the Royals in the win-loss column, but it was a success at the cash register. Despite setting a franchise record with 104 losses, the team made a profit last season, according to an article in Forbes. The Kansas City Star talked with David Glass who confirmed that the team made about $3-million before taxes and other fees in 2004. He estimated that trading Carlos Beltran saved the team between $5 and $6 million.

Glass told the paper that 2004 was the first season that the Royals have actually turned a profit since he bought the team in 2000. He estimates that he’s lost over $27-million in that time, but Forbes disagreed with that assessment and reported that the Royals have made almost $5 million in profit since Glass bought the team.

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