Dignity Health Sports Park Soccer Stadium

Discussion in 'LA Galaxy' started by unitedfc, Jan 6, 2019.

  1. Jazzy Altidore

    Jazzy Altidore Member+

    Sep 2, 2009
    San Francisco
    Club:
    Los Angeles Galaxy
    Nat'l Team:
    United States
    They are likely one of those "non-profit" healthcare providers that pays doctors and executives $1 million plus.
     
  2. Lazy Assed Assassin

    Jul 21, 2015
    In 2016 they had total revenue of $10.2 billion with a net income of $31 million. Executive compensation was $55 million (0.6% of revenue), wages and salary for employees was $4 billion (40% of revenue).

    https://projects.propublica.org/nonprofits/organizations/941196203
     
  3. GalaxyOne

    GalaxyOne Member+

    Dec 6, 2005
    Los Angeles
    Club:
    Los Angeles Galaxy
    Nat'l Team:
    United States
    Probably. But perhaps that's better than those providers that pay twice those amounts and then pay the executives millions in stock options?
     
  4. Jazzy Altidore

    Jazzy Altidore Member+

    Sep 2, 2009
    San Francisco
    Club:
    Los Angeles Galaxy
    Nat'l Team:
    United States
    So they are paying their executives like $5 million each...good for them.
     
  5. Jazzy Altidore

    Jazzy Altidore Member+

    Sep 2, 2009
    San Francisco
    Club:
    Los Angeles Galaxy
    Nat'l Team:
    United States
    I got no issue with making cash, I just think it is funny how these healthcare "non-profits" are certainly quite profitable for the management/executives.
     
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  6. mbar

    mbar Member+

    Apr 30, 1999
    Los Angeles, CA
    Club:
    Los Angeles Galaxy
    Nat'l Team:
    United States
    #31 mbar, Jan 15, 2019
    Last edited: Jan 15, 2019
    Non profits are tax exempt businesses because their mission is in the public’s interest (thus they’ve been granted tax exempt status). As a non profit they can’t distribute their earnings to owners like for profits can. Those surpluses go back into the organization to support their mission.

    There is nothing that says they can’t pay their employees (including their executives) fair market value for their services. They do have to justify the compensation they pay with compensation studies.
     
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  7. Lazy Assed Assassin

    Jul 21, 2015
    C-Level probably, but I would hazard a guess you’re getting that $5mil dividing $55mil by the 10 executive leadership profiles on their website. Just wanted to point out that the executive leadership is not the totality of their executive employees, there are likely hundreds of executive level employees. That said in 2013 the CEO was the highest paid CEO in healthcare in California.

    Presented without analysis, not stating or implying a position on the topic at hand.
     
  8. FlapJack

    FlapJack Member+

    Mar 3, 2006
    Los Angeles
    Chris Klein: "He's our kind of guy!"
     
  9. skydog

    skydog Member+

    Aug 1, 1999
    Durham, NC
    Club:
    Los Angeles Galaxy
    Going forward this will be referred to as the LazyAssAss disclaimer. I forthwith declare that the LAA disclaimer is implied for all of my BS posts-- past, present and future.
     
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  10. Dr.Phil

    Dr.Phil Member+

    Jan 18, 2004
    Club:
    FC Bayern München
    Nat'l Team:
    United States
  11. mbar

    mbar Member+

    Apr 30, 1999
    Los Angeles, CA
    Club:
    Los Angeles Galaxy
    Nat'l Team:
    United States
    Over and under on if they play an entire season and fold or not?

    I say under.

    That team is really annoying as they keep referencing their executive's experience with LAFC as a reason why they will be succesful.

    Never mind that this team is not entering into a market with a proven track record of supporting this level of American Football (unlike what the Galaxy did for Chivas 2.0) and also there aren't a lot of loser Chivas 1.0 fans lying around to pander to for this XFL team in the same way as new Chivas.

    I wonder if this "executive" is going to insist on calling the Wildcats "Carson"
     
  12. Dr.Phil

    Dr.Phil Member+

    Jan 18, 2004
    Club:
    FC Bayern München
    Nat'l Team:
    United States
    I have no clue bc I am not big into american throw ball but

    Can LA handle Rams, Chargers, USC, UCLA and XFL?
     
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  13. mbar

    mbar Member+

    Apr 30, 1999
    Los Angeles, CA
    Club:
    Los Angeles Galaxy
    Nat'l Team:
    United States
    One of those things is REALLY not like the others.
     
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  14. skydog

    skydog Member+

    Aug 1, 1999
    Durham, NC
    Club:
    Los Angeles Galaxy
    My suspicion is that the person/group who starts up these alternative leagues are snake oil salesmen who end up making $ even after they inevitably fold. They just fleece their investors.
     
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  15. skydog

    skydog Member+

    Aug 1, 1999
    Durham, NC
    Club:
    Los Angeles Galaxy
    True - only one of them has an alumnus who got away with double homicide.
     
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  16. skydog

    skydog Member+

    Aug 1, 1999
    Durham, NC
    Club:
    Los Angeles Galaxy
    repped for "throw ball"
     
  17. Dr.Phil

    Dr.Phil Member+

    Jan 18, 2004
    Club:
    FC Bayern München
    Nat'l Team:
    United States
    I have a friend that is really into UCLA even though they suck
     
  18. 73Bruin

    73Bruin Member+

    Jul 12, 2008
    Torrance, California
    I can hear "Spring Time for Hitler and Germany" playing at DHSP now. :)
     
  19. The Cadaver

    The Cadaver It's very quiet here.

    Oct 24, 2000
    La Cañada, CA
    Club:
    Los Angeles Galaxy
    Nat'l Team:
    United States
    Still my favorite Mel Brooks film.
     
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  20. Dr.Phil

    Dr.Phil Member+

    Jan 18, 2004
    Club:
    FC Bayern München
    Nat'l Team:
    United States
     
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  21. Jazzy Altidore

    Jazzy Altidore Member+

    Sep 2, 2009
    San Francisco
    Club:
    Los Angeles Galaxy
    Nat'l Team:
    United States
    Throw ball is silly. "Football" as a name comes from the fact that the game is played on foot, not by horse. And the earliest predecessors to "football" had no rules against handling the ball. In fact there were no rules at all--they were essentially a giant scrum played within an English town trying to get the ball from one side of town to the other.
     
  22. skydog

    skydog Member+

    Aug 1, 1999
    Durham, NC
    Club:
    Los Angeles Galaxy
    Take you a year and a half to come up with this or has it been teed up the whole time? :cautious:
     
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  23. Beakmon FC

    Beakmon FC Member+

    LA Galaxy
    United States
    Jan 10, 2002
    The OC
    Club:
    Los Angeles Galaxy
    Nat'l Team:
    United States
    Any reason why they can't work out a deal to play in the Padres place for a year or two?
     
  24. msilverstein47

    msilverstein47 Member+

    Jan 11, 1999
    Nat'l Team:
    United States
    TrickHog repped this.
  25. Jazzy Altidore

    Jazzy Altidore Member+

    Sep 2, 2009
    San Francisco
    Club:
    Los Angeles Galaxy
    Nat'l Team:
    United States
    I only respond to posts in this thread once a year.
     
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