Do baseball teams make money?
Do baseball teams make money? In 2019, the last season before the start of the Covid-19 pandemic, teams’ operating income (earnings before interest, taxes, depreciation and amortization) averaged $50 million. In 2020 and 2021, those figures were –$60 million and $22 million, respectively.
In 2019, the last season before the start of the Covid-19 pandemic, teams’ operating income (earnings before interest, taxes, depreciation and amortization) averaged $50 million. In 2020 and 2021, those figures were –$60 million and $22 million, respectively.