How Losing Is A Profitable

[trackrunner]

You'd think times would be pretty tough for the last-place Pittsburgh Pirates, but the worst team in baseball has figured out a winning strategy for making money.


At 43-85, they're at the bottom of Major League Baseball standings, but that's nothing new. They haven't had a winning season since 1992.


But David Berri, a sports economist at Southern Utah University, says that while the Pirates' win column may be in the red, their bank account is eye-patch black.
"They appear to be putting profits ahead of winning," . . .

more at: http://www.npr.org/templates/story/s...ryId=129493504