may-2017

opening lines

reditsafe, the world’s leading provider of global busi-

ness intelligence, released a report recently tracking

each of the 30 Major League Baseball teams.The

study looked at the overall creditworthiness of each of the

teams, as well as how quickly each paid their bills in the first

quarter of 2017.

According to the results of the study, The Baltimore

Orioles rank as the most financially stable MLB team, as

well as the only team with a perfect credit score. At the

other end of the spectrum, The Chicago Cubs and The Los

Angeles Dodgers both receive the lowest rating due in part

to prior bankruptcies.The Los Angeles Angels of Anaheim are

the slowest to pay their suppliers with an average payment

being 52 days beyond agreed terms and a credit score that

rates their Creditworthiness as very high risk.

“Days beyond terms (DBT) is a commonly used business

credit term that indicates how long a business has taken

to pay its suppliers beyond the agreed payment terms. It

is often cited as the most predictive data item when as-

sessing a company’s ability to stay in

business.We

have

reviewed the DBT value for each of the MLB teams for

the period of January through March of 2017. Our analysis

revealed most of the MLB teams pay their

suppliers within terms,” explained

Matthew Debbage, CEO of Credit-

safe USA and Asia. “We also dis-

covered stragglers including:

The Pittsburgh Pirates, The

Detroit Tigers, The New York

Mets, and The Los Angeles

Angels of Anaheim. The An-

gels were the slowest in the

Take Me Out To the Ball Game

league taking on average 52 days beyond terms to pay their suppliers.”

Specifically, the MLB teams paying their suppliers within terms are the

Baltimore Orioles, Cincinnati Reds, Cleveland Indians, Colorado Rockies,

Miami Marlins, New York Yankees, Oakland Athletics, San Diego Padres,

Seattle Mariners, Tampa Bay Rays, Texas Rangers and Washington Nation-

als.

And, the MLB teams taking the longest to pay suppliers are The Los

Angeles Angels of Anaheim, 52 days beyond terms; The Pittsburgh Pi-

rates, 31 days beyond terms; The New York Mets, 12 days beyond terms;

The Detroit Tigers, 10 days beyond terms; The Kansas City Royals, 8 days

beyond terms; The Boston Red Sox, 7 days beyond terms; The Chicago

Cubs, 6 days beyond terms; The St. Louis Cardinals, 6 days beyond terms;

The San Francisco Giants, 6 days beyond terms; and the The Philadel-

phia Phillies, 4 days beyond terms.