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Pirates Report 1990 Loss of $7.03 Million

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<i> Times Wire Services</i>

Even though the Pittsburgh Pirates won the National League East in 1990 and set a club attendance record, the team had an operating loss of $7.03 million.

The Pirates, said today that part of the 1990 loss was due to the $280-million collusion settlement with the players association.

“Our 1990 financial results are indicative of the serious and sobering dilemma currently existing in major league baseball,” club President Carl Barger said.

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The Pirates said their share of the grievance damages was $10,769,231, of which $2,716,000 was reported in 1989.

The club also cited a 48% increase in major-league salaries.

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