Happy Labor Day weekend from the SF Giants. Charles Johnson, 79, the principal owner, tied for 72nd-richest American - $4.7 billion. Forbes values the team at $643 million and estimates it had revenue of $230 million last year. The team has been profitable since moving into the new stadium. [The San Francisco Giants have paid nearly $545,000 in back wages and damages to 74 clubhouse and administrative employees for violations of minimum wage, overtime and record-keeping laws, federal officials said Thursday. Investigators found clubhouse employees were working more hours than were recorded, but receiving only a flat pay rate that amounted to less than the federal minimum wage of $7.25 an hour, the U.S. Department of Labor said.]
Posted on: Fri, 30 Aug 2013 23:21:00 +0000
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