MLB Generates Record Revenue During 2022 Season

Major League Baseball just saw its teams spend billions of dollars in free agency, and part of the reason why is the record-setting revenue the league generated in 2022.

Forbes reported on Wednesday that MLB pulled in an estimated $10.8 billion, the most the league has ever taken in, eclipsing the $10.7 billion generated in 2019.

The amount did not take into account net revenue (after costs). MLB took significant revenue hits in 2020 and 2021 due to the COVID-19 pandemic, which drove attendance restrictions. The revenue jump for 2022 came after a 99-day lockout which delayed the start of the regular season.

Source link

Tags: No tags

Leave A Comment