This is from after the 2010 season. Our attendance that year was less than it was in 2012, and ticket prices were slightly higher in 2012 than they were in 2010. In this article, Forbes estimates that our operating revenue was $179 million. Player expenses that year were $100 million. MLB Payroll was approximately 14 million higher in 2012 than 2010. So at the very least, our revenue last year was equal to that, and in theory, slightly more as prices across the board for tickets, parking, concessions, etc have gone up. Even if you assume all players costs in the system reached $120 million, that still leaves at least $59 million left over. I realize there are other expenses, but that still seems like an extraordinary amount of money. Even with debt, cost of scoreboard, etc....still seems like a stretch to me to think that they lost several million dollars. It's certainly possible they did lose money, but I would just love to see the financial reports proving it. And if it really is true, it means the Brewers are in big, big trouble going forward as salaries are just rising and rising and rising and we apparently can't go above $90 million without losing any money. http://www.forbes.com/lists/2011/33/baseball-valuations-11_Milwaukee-Brewers_337147.html