ST LOUIS, MO - OCTOBER 11: Bill DeWitt, Jr., principal owner of the St. Louis Cardinals, watches during batting practice prior to Game One of the National League Championship Series at Busch Stadium on October 11, 2014 in St Louis, Missouri. (Photo by Dilip Vishwanat/Getty Images)
Last week, the St. Louis Cardinals’ chairman claimed that the baseball industry was not very profitable. With the MLB-Turner Sports agreement and Rob Manfred’s ESPN interview on Monday, DeWitt’s comments are even more tone-deaf than before.
When Bill DeWitt Jr. bought the St. Louis Cardinals before the 1996 season, the team was valued at $150 million dollars.