They can have 100 affiliates for all I care - if none of them are producing quality, MLB-ready talent, it doesn't mean a damn.
They fielded two GCL teams during 2014. They are adding a third affiliate in the Appalachian League for the upcoming season. Those require lots of capital.
$50M. After taxes that's $100M 😐
Hal has been saying that for 5 years, but their actions during that time show otherwise.
All that goodness for only a quarter.