Clipping:New York Club finances

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Date	Wednesday, December 25, 1889
Text	A paper was read at the Players' League meeting estimating the profits of the New York Club in 1889 at home at $30,300. While the traveling expenses were included in the expenditures not a cent was allowed for the club's share of the gate receipts while playing abroad, and in Boston along it played before more than 70,000 people. The table follows: Income 250,000 admissions, at 50 cents............................ $125,000 100,000 admissions to grand stand, at 25 cents.... 25,000 Total receipts............................................. $150,000 Expenditures Last Season Salaries................................................................. $ 50,000 Traveling expenses................................................ 15,000 Ground rent........................................................... 5,000 Help at the grounds................................................ 4,000 Advertisements in daily papers, 70 days, at $60 per day....................................................... 4,200 For supplies, such as uniforms and necessaries at the grounds............................................ 4,000 Percentages paid to visiting clubs on 250,000 admissions, at 15 cents.............................. 37,600 Total output............................................... $119,700 Recapitulation 250,000 admissions, at 50 cents............................ $125,000 100,000 admissions to grand stand, at 25 cents.... 25,000 Total receipts........................................................ $150,000 Expenses............................................................... 119,700 Balance in favor of club............................ $ 30,300 This is quite an interesting statement in view of the fact that the New York Club was declared to have made no money last season. Director Appleton, of the New York Base Ball Club, supplements the above with a statement that the club's expenses last year were about $125,000 and the receipts $170,000, leaving a net profit of $45,000.
Source	Sporting Life
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Submitted by	Richard Hershberger
Origin	Initial Hershberger Clippings

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