How much money is he making from the 300 fans/game he's selling tickets to? He runs his team with some of the lowest, if not the lowest, expenses in baseball (even with the new stadium since the city/state paid for most of it). He does have low revenues (from ticket sales) but he annually gets one of the highest cuts of revenue sharing from the top teams. Also I don't know what their TV deal is, but Miami is like the 7th largest metro area in the US, so I'm sure he has an okay one in place. I'd venture to guess Loria runs one of the highest margin teams in baseball.