European Stars and Stripes (Newspaper) - April 20, 1994, Darmstadt, Hesse                                Wednesday april 20, 1994 sports the stars and stripes Page 35 Magazine disputes owners claims reports $168 million profit in major by Ronald Blum new York apr  cowboys estimated to be Worth $190 million have the highest value of any . Sports team financial world Magazine says in its Issue released monday. The Baltimore orioles purchased last summer for $173 million by a group headed by Peter Angelos Are Worth just $129 million eighth among the 28 teams according to the Magazine. Financial world says the 28 major league baseball Veartis had a combined operating profit of $168 Mil lion in 1993, contrary to the loss owners say they will show. The Magazine says teams had an $88 million operating profit in 1992, quadruple the $22 million profit shown on the financial statements compiled by the commissioners office. Figures for 1993 wont be available until later this year. A the clubs have not made Money since 1871 if you listen to them a said Eugene Orza associate general counsel of the major league baseball players association. A the whole Issue of club profitability is just silly. The whole thing is just nonsense utter  baseball owners say they need a salary Cap in order for Small City teams to survive. Union head Donald Fehr says a strike later this year is a a real possibility in order to prevent owners from unilaterally imposing a Cap. A i done to know How anybody can pronounce anything unless they have the data and i done to think they have the data a said Richard Ravitch the teams labor negotiator. The highest valued baseball team according to the Magazine is the new York Yankees at $166 million followed by the Toronto Blue jays at $150 million and the new York mets at $147 million. Baltimore made the highest operating profit at $28.9 million followed by the St. Louis cardinals at $20 million the new York Yankees at $18.2 million and the san Diego padres at $17.5 million. The Only teams losing $4 million or More were the Kansas City royals at $6,3 million the Detroit tigers at $5.4 Mil lion the Cincinnati reds at $5 million and the Seattle mariners at $4 million. In the nil the cowboys value increased $25 million according to the Magazine the new York giants have the second highest value at $176 million followed by the Philadelphia eagles at $172 million the san Francisco 49ers at $167 million and the Cleveland Browns at $165 million. Movie producer Jeffrey Lurie on april 6 agreed to buy eagles for a reported $185 million which would be the most paid for a . Sports franchise. Michael Ozanian financial worlds assistant Man leagues in 1993 aging editor said values Are increasing because of a a continuing consolidation of Large Media and entertainment  a sports teams Are not being valued by their profit and loss statements but on a combination of their software value for Media programming and their value As a vehicle for marketing consumer products a Ozanian said. The nil team with the lowest value is the Detroit Lions at $138 million. The baseball team with the lowest value is the Montreal expos at $75 million. Financial world said the 28 nil teams combined for an operating loss of $11.2 million in 1993. It said the 27 Aba teams combined to earn an operating profit of $170 million and the 24 nil teams combined to earn an operating profit of $74 million. The los Angeles lakers have the most value in the Aba at $168 million followed by the Detroit pistons at $154 million the Chicago bulls at $149 million and the new York kicks at $136 million. The Indiana pacers have the lowest value at $67 million. The Detroit red wings have the most value in the nil at $104 million followed by the Boston Bruins at $88 million the los Angeles Kings at $85 million and the Montreal canadians at $82 million. The Winnipeg jets have the lowest value at $35 million