Agreement on rules and schedules might have been reached had the league achieved economic stability, but losses among American teams were drastic and widespread. In 1995 alone, Fred Anderson estimated that the U.S. teams had collectively lost more than US$20 million. "The Baltimore Sun" provides a similar estimate of US$21 million. The $10 million estimated loss in Birmingham was the most substantial, followed by US$4 to $6 million estimated for Anderson's Texans. Memphis and Shreveport losses were estimated at about US$3 million apiece. The Baltimore losses were comparatively modest at US$1 to $1.5 million, but stung the league, given the prestige of the franchise.