Even if He Keeps Spending, Money Accumulates (Novel)
Chapter 94 ·

Chapter 94

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Translated by Heavenly Cat

Read it only at Novelbyu.com & Utoon.net

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Professional baseball teams currently operating in South Korea were showing hundreds of billions in losses annually for major corporations.

So there are companies that occasionally cut losses and exit baseball teams.

But even so, there was a reason many major corporations still operate baseball teams.

“They see intangible value that’s not visible to the eye. Since it’s our country’s most popular sport, naturally its promotional effect would be tremendous.”

Last year alone, spectators who visited baseball stadiums numbered a whopping 8.4 million.

Plus through fans watching on TV and various statistics, about 10 million or more people in our country are known to prefer baseball.

In other words, that promotional effect absolutely cannot be ignored.

“You can use baseball teams as means to raise brand image, aim for strengthening internal employee unity, and it counts as social contribution. So that’s also why companies maintain them to the end even seeing hundreds of billions in losses.”

Some say they keep them because of major corporation chairmen’s hobbies, but that’s half right and half wrong.

If they maintain a team then suddenly disband it, they could face image backlash, and rather than spending marketing costs elsewhere, it was better to aim for various promotional effects through team operation.

Of course, team owners who like sports’ personal feelings were mixed in to some degree.

However, I neither have a team I support nor particularly like baseball, but.

“So you’re saying if we buy a baseball team we can aim for marketing effects, but it’ll absolutely never turn profit?”

“Probably no team has ever turned profit. Instead, they say losses decreased compared to before. As baseball popularity keeps rising, attached advertising fees grew accordingly. Though it’s not at a level that can cover all losses..”

“True. From the start, it’s not like they’re trying to make money from the baseball team itself. Vice President, as you said, they’re aiming for marketing effects.”

If you ask whether that’s effective, experts’ opinion was it’s bigger than expected. Especially Kangsung’s case, every time new products come out, they throw in all kinds of ads during baseball games.

That was the same for other companies.

“Then what should we put in?”

“We have many. Nflix, PicPic, KW Exchange, Gwangwoon Securities, etc. Especially the new delivery platform launching with Kangsung Mart this time. For us, it’ll be a very effective marketing means.”

“That’s good too. But Vice President.”

“Yes?”

“You’re particularly passionate today?”

“Am I.. Like that?”

“Yeah. Are you perhaps an NX Rangers fan?”

“!?”

Our hyungnim saw very sharply.

“Was it very obvious?”

“Someone who speaks calmly like a quiet sea no matter what happens, seeing you get excited talking only about this, of course it shows. So this is why they say everyone’s personality changes when becoming baseball fans. Don’t tell me you also scream and spout profanity while watching games?”

“N-not to that extent.”

“Looking at your face, it seems right though?”

“…”

The vice president who seems like he’d never curse in his life spouts profanity.

Hard to imagine.

Baseball must be a scary sport indeed.

They said Hye-rin also likes baseball.

Surely not that angel-like person too..?

“This actually worked out well. I was actually very curious.”

“About what?”

“What team President Jeong Jin-ho supports.”

“I don’t particularly have one though?”

“Th-then you don’t watch baseball much either?”

“I watch occasionally.”

“But why a baseball team..”

“Right. I thought Jin-ho you liked watching baseball and wanted to directly acquire a team. So I also tried to acquire it saying do as you want.”

“As Vice President said, we also need to work hard on marketing, right? From KW Exchange to the new platform coming out to counter Lupang, we need to promote it.”

Though I said that, actually I never once thought about acquiring a baseball team.

“But if we really acquire a baseball team, I think I’ll try picking up the hobby.”

At those words, Vice President’s face bloomed brightly.

Should I say it looked like a veteran gamer meeting a lost newbie?

“Then Chairman should also enjoy the hobby together.”

“Urgh. I also didn’t watch much baseball.”

“I’ll teach you well. It’s easier than expected.”

“What if I get so angry from baseball I want to overturn the whole team?”

“That’s the original appeal of watching it. Don’t they say baseball contains all of life’s emotions?”

They say eating chicken and beer while watching baseball is that delicious.

Going to watch baseball together with employees later seemed like it’d be fun too.

“But Vice President.”

“Ah, yes.”

“Is it really hard to make money with baseball teams?”

“Well.. Even managing to earn revenue through ads, uniforms, merchandise, etc., team operating costs break hundreds of billions annually. Unless the team does extremely well becoming Korea’s most popular team, turning profit will be hard.”

“I see..”

Then did my intuition ultimately tell me to buy a baseball team for marketing use?

“Ah! But this is possible. We bring in players released at the draft or as FA at cheap prices, raise them well, then resell at expensive prices. Combining various additional revenue and player trade costs, though reaching profit is difficult, we can defend losses maximally.”

“But would that be easy?”

“It’s not easy. If we could really raise one player well and send them to Japan or America, that’d be icing on the cake, but that’s quite difficult. Producing star players too.”

“Above all, we must first acquire a baseball team for all this to be possible, right? Are negotiations happening?”

Hyungnim’s right.

All this can be done after acquiring the baseball team first without being late.

“We’re making contact. Other shareholders have intention to sell, but the problem is Yang Chang-seok, the former president who’s the largest shareholder. Though he’s caught by prosecutors for embezzlement issues, he doesn’t seem to have intention to hand over stakes.”

“Is he bargaining, or does he really have no intention to give?”

“He seems to want to bargain.”

Both I and hyungnim frowned deeply.

“Hmm. I heard that Rangers team is famous for almost no support.”

“Yes. Other teams provide drinks and snacks well, but this team has none of that. Plus as soon as players’ values increase even slightly, they immediately sell them. They’re famous for never bringing star players.”

“What, don’t they discover and raise talented rookies?”

“No. They just minimize costs as much as possible.”

“Then why do you support such a team?”

“Right. But this is.. Once you get attached, it’s hard to detach. Haha. And our team has the smallest fan base. Bitterly so.”

Perhaps that’s why the acquisition opportunity arose.

The problem is the president holding maximum stakes is holding out to the end.

It seemed like he’s trying to squeeze out more somehow.

“For now, I’ll try negotiating that matter as best as I can.”

“Yeah. Don’t give much to that thief.”

“Yes.”

After finishing that conversation and coming out.

Vice President’s words suddenly came to mind.

Buying players cheap and reselling them expensive..

Isn’t this exactly stock investment?

***

“Who’s acquiring what?”

“Gwangwoon participated in acquiring Rangers team this time.”

“What? Suddenly?”

Chairman Kang Seong-ho tilted his head.

“Did that side’s chairman also like baseball?”

“According to what’s heard, it’s work President Jeong Jin-ho is pushing forward.”

“President Jeong? Interesting. I never heard he likes baseball.”

“Probably aiming for marketing promotional effects?”

“Well, that exists too, but there’s no need to necessarily buy a baseball team, right? It must be his hobby. He has much money, so having one expensive hobby like that’s fine, isn’t it?”

Come to think of it, I didn’t know what hobbies Jeong Jin-ho usually likes.

Because we always only talked business whenever meeting.

I thought I now knew somewhat about Jeong Jin-ho, but actually I didn’t.

So he had such hobby activities.

“Hmm. Should I also go to a baseball stadium after a long time?”

“Chairman, don’t you dislike baseball?”

“Right. I told you several times before. I honestly don’t like pouring money into sports.”

However, his late father was a sports fanatic unlike Kang Seong-ho.

So he made teams in various sports and continuously invested.

If he cuts that off, it feels like being unfilial so he’s leaving it, but.

“Still, baseball’s case has marketing promotion far greater than other sports. Even if you eliminate everything else, you must keep baseball to the end.”

“Is our team doing well now?”

“…No. Seems like they won’t even make post-season.”

“Urgh. This is why I hate baseball. If only they did well. Plus strangely whenever I go watch directly, they always lose.”

He didn’t particularly like baseball and had no affection for pro teams, but if Jeong Jin-ho’s hobby is baseball, Kang Seong-ho was also willing to pick up interest in baseball.

“So, is acquisition going well?”

“It’s not. The president who went in for embezzlement is holding out to the end, so there seem to be many difficulties in acquisition. Going like this, acquisition will fail and like NX they’ll just receive another sponsor and take only the name.”

“That bastard who got caught, very full of greed.”

“Already caught for embezzlement issues, but since someone’s buying stakes, it seems he’s trying to eat as expensive as possible.”

Kang Seong-ho frowned.

A displeasing bastard.

Plus Jeong Jin-ho wants to set aside work briefly and try hobby activities, yet he’s obstructing like that.

“Find out who’s handling the investigation there. Such a bastard won’t have just one or two crimes. Dig more and try maximizing the sentence. So that bastard forcibly coughs up stakes too.”

Though Kangsung denies it every time.

Legal lines connected to Kangsung overflow.

Especially with many places connected family to family, the term Kangsung Republic didn’t come out for nothing.

Even if that power isn’t as much as before.

He could sufficiently screw over about one bastard trying to obstruct Jeong Jin-ho’s hobby activities.

***

KBO was suffering headaches from this Rangers situation.

Team embezzlement!

Is this even plausible?

From before, Rangers was famous for poor player support and training facility equipment, so fans had joke talk that someone’s eating all the money from behind.

But that wasn’t a joke but real.

So suspicions about team transparency were pouring down.

What’s fortunate is other major corporation teams anyway knew it’s business done at a loss, and there’s also no money to embezzle.

“But from Gwangwoon?”

“Yes. Gwangwoon ultimately succeeded in obtaining stakes.”

“What? How? That sly snake tried not to spit it out to the end?”

KBO Commissioner Jin Gu-hyeon hoped Rangers would preferably sell to another team.

But the bastard who got caught held out to the end, so he thought it’d ultimately fall through, but ultimately Gwangwoon seems to have done it.

“Hearing about it.. Seems prosecutors put pressure heavily.”

“From prosecutors? Is Gwangwoon connected to prosecutors too?”

“Can’t know that far, but prosecutors newly established an investigation team and caught him like catching mice on charges beyond embezzlement. As sentences kept rising, he ultimately raised the white flag.”

Someone who rolled in baseball all his life, but reaching this level position, occasionally he hears talk.

That this administration is pushing Gwangwoon as much as possible.

He never thought even prosecutors would come forward helping like that.

Indeed, is this major corporations’ power?

“Wait. Then could Rangers’ president getting caught for embezzlement also..”

“I think Gwangwoon laid groundwork in advance trying to acquire Rangers. Honestly, acquiring other teams besides Rangers now is difficult.”

“Perhaps Gwangwoon side’s chairman was a Rangers fan?”

“That possibility also seems high.”

Because they did baseball so badly, anger rose to the top of his head and he pushed the team over entirely.

If you have much money and many connections, such things are possible.

But whatever the process, it was good for KBO.

Because if companies invest much in teams and raise quality, viewers watching baseball will also find it more fun.

“Now what remains is approval from our KBO side..”

“What’s there to ponder about? We’re welcoming with open arms. Plus it’s a place that trampled one company to get one baseball team. Do you want to become like that too?”

“N-no.”

“Then approve as politely as possible. Say we hope for much investment going forward.”

“Yes.”

Baseball.

Truly a scary sport.

Because the team can’t do well and is frustrating, isn’t that major corporation sweeping away the team saying they’ll raise it themselves?

Seems like only that president bastard got caught with the wrong opponent while being greedy.

***

The acquisition problem expected to be difficult ended easier than expected.

Don’t know why, but from prosecutors’ sudden all-out pressure, ultimately the president handed over all stakes to us and washed his hands.

At a cheaper price than expected too.

“Team ranking is last place, and facilities and players’ values, all of that’s quite low too. Still, if we support them a bit, we can polish them well again.”

The team situation was more serious than expected.

Many places need repair here and there, and team morale overall was low.

Plus since it’s last-place team, players don’t prefer coming here.

“But Manager Lee looks happy?”

“Huh? Ah. There’s something with strange feelings for me too, right? It’s fascinating that our company acquired the team I support, and I really want them to do well. Our Rangers.. No. Now it’s Gwangwoon Prime. I really want our Gwangwoon to do well.”

The existing name Rangers was removed and the name became Gwangwoon Prime.

“Please pass baseball team matters to Vice President. Probably Vice President knows better than me.”

“Vice President?”

“Ah. You didn’t know. Vice President was also a Rangers fan.”

“Huh. I thought he absolutely never watches baseball.”

“Right.”

Smiling like that while about to send Hye-rin to Vice President.

“..?”

Suddenly it felt like tingling current flowed through my body.

“Wait a moment.”

“Yes?”

“The documents you’re holding, show me briefly.”

“Ah, yes!”

I examined the documents Hye-rin gave.

Various materials related to the team.

Me feeling such a sensation just now meant there’s something I should examine here.

Sure enough.

“Draft list?”

“Ah. To recruit players, you must unconditionally go through the draft. We designate and bring them here. Or you can separately bring FA-released players or foreign mercenaries. According to regulations.”

In other words, to me who knows nothing about baseball, even looking at these profiles I can’t know who’s a good player.

But my intuition was reacting crazily to exactly this list.

With half-doubting heart, I unfolded the list.

“..!”

Then each player name written on the list started emitting light in different colors.

End of Chapter 94

Chapters

Even if He Keeps Spending, Money Accumulates (Novel)

235Chapter 235 (End)234Chapter 234233Chapter 233232Chapter 232231Chapter 231230Chapter 230229Chapter 229228Chapter 228227Chapter 227226Chapter 226225Chapter 225224Chapter 224223Chapter 223222Chapter 222221Chapter 221220Chapter 220219Chapter 219218Chapter 218217Chapter 217216Chapter 216215Chapter 215214Chapter 214213Chapter 213212Chapter 212211Chapter 211210Chapter 210209Chapter 209208Chapter 208207Chapter 207206Chapter 206205Chapter 205204Chapter 204203Chapter 203202Chapter 202201Chapter 201200Chapter 200199Chapter 199198Chapter 198197Chapter 197196Chapter 196195Chapter 195194Chapter 194193Chapter 193192Chapter 192191Chapter 191190Chapter 190189Chapter 189188Chapter 188187Chapter 187186Chapter 186185Chapter 185184Chapter 184183Chapter 183182Chapter 182181Chapter 181180Chapter 180179Chapter 179178Chapter 178177Chapter 177176Chapter 176175Chapter 175174Chapter 174173Chapter 173172Chapter 172171Chapter 171170Chapter 170169Chapter 169168Chapter 168167Chapter 167166Chapter 166165Chapter 165164Chapter 164163Chapter 163162Chapter 162161Chapter 161160Chapter 160159Chapter 159158Chapter 158157Chapter 157156Chapter 156155Chapter 155154Chapter 154153Chapter 153152Chapter 152151Chapter 151150Chapter 150149Chapter 149148Chapter 148147Chapter 147146Chapter 146145Chapter 145144Chapter 144143Chapter 143142Chapter 142141Chapter 141140Chapter 140139Chapter 139138Chapter 138137Chapter 137136Chapter 136135Chapter 135134Chapter 134133Chapter 133132Chapter 132131Chapter 131130Chapter 130129Chapter 129128Chapter 128127Chapter 127126Chapter 126125Chapter 125124Chapter 124123Chapter 123122Chapter 122121Chapter 121120Chapter 120119Chapter 119118Chapter 118117Chapter 117116Chapter 116115Chapter 115114Chapter 114113Chapter 113112Chapter 112111Chapter 111110Chapter 110109Chapter 109108Chapter 108107Chapter 107106Chapter 106105Chapter 105104Chapter 104103Chapter 103102Chapter 102101Chapter 101100Chapter 10099Chapter 9998Chapter 9897Chapter 9796Chapter 9695Chapter 9594Chapter 94Reading93Chapter 9392Chapter 9291Chapter 9190Chapter 9089Chapter 8988Chapter 8887Chapter 8786Chapter 8685Chapter 8584Chapter 8483Chapter 8382Chapter 8281Chapter 8180Chapter 8079Chapter 7978Chapter 7877Chapter 7776Chapter 7675Chapter 7574Chapter 7473Chapter 7372Chapter 7271Chapter 7170Chapter 7069Chapter 6968Chapter 6867Chapter 6766Chapter 6665Chapter 6564Chapter 6463Chapter 6362Chapter 6261Chapter 6160Chapter 6059Chapter 5958Chapter 5857Chapter 5756Chapter 5655Chapter 5554Chapter 5453Chapter 5352Chapter 5251Chapter 5150Chapter 5049Chapter 4948Chapter 4847Chapter 4746Chapter 4645Chapter 4544Chapter 4443Chapter 4342Chapter 4241Chapter 4140Chapter 4039Chapter 3938Chapter 3837Chapter 3736Chapter 3635Chapter 3534Chapter 3433Chapter 3332Chapter 3231Chapter 3130Chapter 3029Chapter 2928Chapter 2827Chapter 2726Chapter 2625Chapter 2524Chapter 2423Chapter 2322Chapter 2221Chapter 2120Chapter 2019Chapter 1918Chapter 1817Chapter 1716Chapter 1615Chapter 1514Chapter 1413Chapter 1312Chapter 1211Chapter 1110Chapter 109Chapter 98Chapter 87Chapter 76Chapter 65Chapter 54Chapter 43Chapter 32Chapter 21Chapter 1

End of Chapter 94

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