The Houston Astros were supposed to be the worst team in MLB coming into this year. They haven’t disappointed. They’re 44-86 (.338), a solid 29 games back of a wild-card spot.
You’d think times are bad, financially. You’d be wrong. The Astros are as rich as they are bad.
Despite currently having the worst record in baseball, the lowest payroll this century and the third-worst attendance rate in Major League Baseball, the 2013 Houston Astros are set to become the most profitable team in league history.
According to a Forbes report, the Astros are set to pull in an estimated $99 million in operating income this season, which is nearly as much as the estimated operating income of the last six World Series championship teams combined.
According to the Houston Chronicle, the Astros began the season with a league-low $26 million active payroll and have since reduced that to under $13 million.
So they’re going on a free-agent binge this offseason, right?
Forbes reports that a good chunk of this extra cash will likely go toward servicing the debt of owner Jim Crane, whose purchase of the team was a highly leveraged one – and who is currently making more money than any baseball team owner in the history of the league.
Oh. As usual, fuck owners.