MLB generates record revenue during 2022 season

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 is the record revenue the league is set to generate in 2022.

Forbes reported Wednesday that MLB took in about $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 income (after costs). MLB took significant revenue hits in 2020 and 2021 due to the COVID-19 pandemic, which led to attendance restrictions. The jump in revenue for 2022 came after a 99-day lockout that delayed the start of the regular season.

#MLB #generates #record #revenue #season

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button