1993 Team Financial Statements

-------------    ----------------------- Millions------------------------
                   1      2      3      4      5       6       7      8
                 Gate   Media  Stad.  Total  Player  Oper.   Oper.  Fran.
Franchise        Rec.   Rev.   Rev.   Rev.   Costs   Exp.    Inc.   Value  
-------------    --------------------------------------------------------
New York (AL)     $30.1  $63.0  $11.7 $107.6  $54.2   $89.4   $18.2  $166
Toronto            47.8   31.6    6.3   88.4   56.2    87.1    1.3    150
New York (NL)      20.3   46.1   11.5   80.8   46.0    75.9    4.9    147
Boston             26.8   38.0    9.9   77.5   45.2    70.1    7.4    141
Los Angeles        29.9   34.0   13.1   79.7   41.6    68.6   11.1    138
Chicago (AL)       28.1   26.2   21.8   78.8   41.3    68.1   10.7    133
Texas              20.0   27.5   10.1   60.3   41.6    59.2    1.1    132
Baltimore          35.4   27.4   15.8   81.3   33.8    52.4   28.9    129
Chicago (NL)       30.3   36.0   13.6   82.8   45.7    75.4    7.4    120
Oakland            20.9   27.4    9.1   60.1   37.8    60.5   -0.4    114
Colorado           33.3    5.0   11.0   52.2   16.6    39.5   12.7    110*
St Louis           25.0   27.0   10.1   64.8   24.8    44.8   20.0    105
Cleveland          18.8   23.7    3.1   48.8   18.5    35.5   13.3    100
Philadelphia       24.6   28.0    5.8   61.1   36.7    60.6    0.5     96
Atlanta            35.4   35.0    5.8   79.0   53.6    80.4   -1.4     96
Milwaukee          17.0   21.5    5.1   46.3   27.8    48.5   -2.2     96
Kansas City        18.3   21.0    9.7   51.7   44.1    58.0   -6.3     94
California         17.1   26.7    7.3   53.8   28.2    51.2    2.6     93
San Francisco      23.6   27.5   15.0   69.1   42.3    69.8   -0.7     93
Detroit            18.9   30.3    4.0   55.6   43.6    61.0   -5.4     89
Cincinatti         18.8   25.0    6.4   52.9   45.9    57.9   -5.0     86
San Diego          14.1   25.0    5.9   47.7   12.2    30.2   17.5     85
Houston            19.7   26.2   11.8   60.5   34.7    53.8    6.7     85
Minnesota          18.8   22.3    5.0   48.9   30.9    47.9    1.0     83
Florida            28.7    5.0    7.5   44.9   24.1    32.4   12.5     81*
Seattle            17.0   21.0   10.0   50.7   35.3    54.7   -4.0     80
Pittsburgh         14.4   23.5    2.3   43.0   23.7    38.9    4.1     79
Montreal           14.2   24.0    4.3   46.2   16.8    33.8   12.4     75
--------------    --------------------------------------------------------
LEAGUE AVERAGES   $23.8  $27.7   $9.0  $63.4  $35.8   $57.3   $6.0   $107
--------------    --------------------------------------------------------

NOTE:  Except for Franchise Value, all figures are for 1993 season and
are from continuing operations. 

 * Based on total revenue for one season. 

 1. Gross gate receipts for home and away games, excluding sales taxes.
 2. Includes national TV, local TV,cable TV, pay-per-view and radio.
 3. Includes suites, luxury seating, concessions, parking, venue 
    advertising and other venue events where applicable.
 4. Includes revenues not shown in table, such as licensing and merchandise.  
 5. Includes deferred payments, bonuses, insurance, workers compensation
    and pensions.
 6. Includes player costs, travel, marketing, administrative, media and
    venue expenses, but excludes depreciation, interest expenses and 
    payroll taxes.
 7. Total revenues less operating expenses.
 8. Based on the last three years' average total revenues and venue,
     except where otherwise noted.  

Source: Financial World

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