The Tigers have been losing money for years. While they were/are losing money (and other teams are making millions), they are not putting it into infrastructure and player development. It all adds up. This contributes to the Tigers farm system being one of the worst, if not the worst.
People honestly think people who are rich can spend the money anyways. Most didn't get rich by making bad business decisions. While I am all for supporting my wife's business ventures, I am not going to jeopardize my retirement in the process. It is a fine line sometimes.
Now, based on what they originally had as a payroll going into 2017, DET was going to lose roughly $60 Mil (including the payroll tax). While they still are probably going to lose money in 2017, it is closer to break even mark. It's one thing to lose money and be in the hunt. Is another to lose $60 Mil for the 2nd worse team in the AL. Additionally, losing money effects franchise value.
Unfortunately, I haven't heard any updates on the DET TV deal. It cannot be good news. And these past 2 deals certainly don't help.