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Home  >  austin accounting  >  Financial documents of Texas Rangers released

Financial documents of Texas Rangers released

Posted on Wednesday, August 25th, 2010 at 3:34 pm.

Deadspin has recently released the some of the financial documents of  the Texas Rangers from 2007 and 2008.

A few things that stood out of the reports was there revenue and losses. The Rangers, Hicks Sports Group, had $525 million in loans and had losses of nearly $38 million in 2007. In both 2007 and 2008, net ticket sales were the exact same number at $39,978,429.

The land around the ballpark also has accumulated funds by charging for parking. The marketing budget in 2007 was very low at around $1.1 million and then in 2008 it jumped to over $16 million.

If you or your business are looking for help with your finances or have any questions in that area, contact the Austin Accountants today.