Astros Refute Forbes Story As “Inaccurate”
HOUSTON (CBS HOUSTON) - The Houston Astros are not happy about a Report from Forbes that said the worst team in the majors was set up to make the most money.
The Astros sent out a press release Monday evening to say that they do not disclose their financial information but that Major League Baseball will confirm, “the information reported in the Forbes article relating to the Astros’ revenues, the Astros media rights fee from CSN Houston, and CSN Houston’s per subscriber rate are all significantly inaccurate.”
The Forbes report says the team that started the season with a $26 million payroll in 2013 has moved so many high priced players they are operating under $13 million for the rest of the year allowing them to $99 million in operating income.
The Astros stated in the press release they will continue to be a fiscally responsible team and will do everything to “make the City of Houston proud.” The press release went on to point out the young talent the Astros have begun to establish. Included in that is Jason Castro, the young catcher for the Astros, who was awarded the American League player of the week on Monday.