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Green Diamonds: Investing in Minor League Baseball

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While major league owners squabble over astronomical player salaries, TV revenue, their commissioner and each other, minor league teams across the country are playing the game of baseball the way it used to be played. In this world, owners know the fans by name, players willingly stay after the game to sign autographs, and a family of four can spend three hours at the ballpark - including the cost of soft drinks, beer, hot dogs plus a fireworks show after the game - for under twenty bucks. America's 150 minor ...
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Overview

While major league owners squabble over astronomical player salaries, TV revenue, their commissioner and each other, minor league teams across the country are playing the game of baseball the way it used to be played. In this world, owners know the fans by name, players willingly stay after the game to sign autographs, and a family of four can spend three hours at the ballpark - including the cost of soft drinks, beer, hot dogs plus a fireworks show after the game - for under twenty bucks. America's 150 minor league teams provide family entertainment at bargain prices - and they're profitable. This just might be the kind of business you'd like to put some money in. The teams aren't traded on the New York Stock Exchange, and it's a good bet your broker doesn't know anything about the baseball business. But Jay Acton does, and in this funny, lively, informative book, he will tell you all about it. But even if you never invest any more than the price of a ticket, Green Diamonds is must reading. Here's an inside look at the game that most informed fans know little about: the crazy promotions that pack minor league fans into the stadiums; the details of the way a team makes (and sometimes loses) money; why minor league owners and general managers believe working for a minor league team is the best job in the world. If you're a potential investor, Green Diamonds will tell you all you need to know about the business side of baseball. If you just love the game of baseball, Green Diamonds belongs on your shelf as one of the most unusual and informative baseball books of this or any other season.
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Product Details

  • ISBN-13: 9780821741504
  • Publisher: Kensington Publishing Corporation
  • Publication date: 5/1/1993
  • Series: Zebra Books
  • Pages: 288
  • Product dimensions: 5.80 (w) x 8.53 (h) x 0.97 (d)

Table of Contents

Preface
1 The Dream of Owning a Team 3
2 Business and Psychology 9
3 The Structure of the Minor Leagues 31
4 Where to Put Your Money: Finding the Right Team 49
5 Investing 65
6 Money: Getting and Spending 81
7 Buying the Team 107
8 When Everything Goes Right 119
9 The Players 133
10 The Teams 143
11 The People of Minor-League Baseball 161
App. 1. Team Locations and Stadium Capacities 183
App. 2. Ownership of Minor-League Teams 197
App. 3. League Presidents 205
Index 207
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