Wednesday, May 04, 2005

Glass's Wal-Mart Ways Means He's Still Making $$ While the Team Loses Games

Royals owner David Glass says he has lost $27 million since purchasing the Royals in 2000.

Forbes magazine disagrees.

Forbes reported that the Royals made a net profit last season of $3 million, a figure which Glass confirms. The magazine also says that the Royals made $6.5 million in 2003 and lost only $11.2 million in 2002. It also contends the club has generated a profit of $4.9 million since Glass became the owner.

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