The Pirates have jumped 2 spots up to 28th after being last the year before. However, the debt/value ratio is still pretty high at 38%. Only three teams lost money last season including the Mets who lost a whopping $40MM. The Phillies and the Angels lost money because of contract signings. Surprised that the Tigers didnt lose money for a change but that may be a different story in 2013 when Fielder's contract numbers really begin to kick in.