• Loading stock data...
Friday, May 3, 2024
  • -
    days
  • -
    hours
  • -
    minutes
  • -
    seconds

MLB Revenue to Top Pre-Pandemic Levels

  • MLB revenue is expected to beat 2019's total of $10.7 billion.
  • The league is celebrating the 20th year of its streaming service MLB.tv.
MLB-New-York-Yankees
Jim Cowsert-USA TODAY Sports

Despite a 99-day lockout that delayed the season, Major League Baseball is set to eclipse its 2019 revenue.

“It’s safe to say that we’ll be higher than we were in 2019,” MLB chief revenue officer Noah Garden told Forbes. 

  • The league earned $10.7 billion in the last pre-pandemic season.
  • Garden estimates that league attendance will finish the season at around 95-96% of 2019 levels, blaming the pandemic for reduced crowds earlier this year.
  • He also said that this year will see the “most merchandise sold in the history of our sport, both domestically and internationally.”

Original Streamer

MLB is celebrating its 20th year of its MLB.tv streaming service, which broadcasts games not covered by local or national channels. Every other major league has followed suit, with the NFL finally joining the fray this year with the launch of NFL+.

Garden predicted that “In the next 20 years, [today’s MLB.tv is] going to look as archaic as what we did 20 years ago.”

This year, MLB linked up with two other streaming services, striking broadcast deals with Apple for $85 million annually for seven years and Peacock on a two-season deal worth $30 million annually.

The league is working to arrange its rights deals to show in-market games on MLB.tv.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

From Hype to Staple: Miami GP Now a Formula One Fixture

Ticket pricing and viewership have fallen, but the high-profile race is still becoming core to the local sports scene.

Miami GP Highlights Continued Formula One Investment in the U.S.

F1 now has three events in the U.S., and each one has its own unique draw.

Lights, Camera, Premier League: Wrexham Owners’ Hollywood-Like Plan

Plans are brewing to triple the club’s stadium capacity.
podcast thumbnail mobile
Front Office Sports Today

How Red Bull Laps the F1 Competition and Builds the Brand

0:00
0:00

Featured Today

Just Like We Drew It Up? Stadium Renderings Can Excite, Confound, and Anger

During a historic wave of development, drawings wield more power than ever.
The scene in the green room behind the NFL Draft Theater in Detroit on Tuesday, April 23, 2024. Thirteen college players who will be picked in the first round will be waiting in this large room with friends, family, agents and college coaches on Thursday night.
April 27, 2024

More NFL Draft Prospects Are Staying Home, and TV Networks Are Adjusting

Whether making or missing out on millions, more prospects are staying home.
April 21, 2024

Everything You Need To Know About the Legal Attempts To Kill the ACC

Four lawsuits involving the conference, Clemson, and FSU could determine the future.
April 20, 2024

A Bare-Knuckle Fighter Won His Pro Debut. The Far Right Scored a Marketing Win

With Proud Boys sponsoring him, experts say extremist groups will use his success to elevate their ideologies and recruit new believers.

Careers

Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Live Nation
Multiple - USA Careers
Adidas
Multiple - USA Careers
FanDuel
Multiple - USA Careers

At the Mighty NFL, Job Cuts and Lineup Changes, Including the End of ‘NFL Total Access’

Half a dozen employees were laid off while the league clears $20B in annual revenues.
May 2, 2024

Powerful NFL Exec to Leave After Shaping League for Decades

Jeff Pash played a major role in the NFL’s highs and lows for years.
May 3, 2024

Kentucky Derby Begins New Wave for Triple Crown Race Tracks

Churchill Downs is unveiling a brand-new paddock after $200 million of renovations.
Sponsored

Rapid Returns: How Technology Is Getting You Back to Your Seat

How Oracle’s POS technology is helping fans get back to their seats faster.
May 2, 2024

Ryan Garcia’s PED Positive Latest in Long Line of Erratic Behavior

Garcia stunned Devin Haney last month, but it has come out that he tested positive twice before the fight.
April 30, 2024

Everything You Need to Know About the Premier League’s Possible Spending Cap

The rules would still need final approval at the annual meeting in June.
April 29, 2024

Roger Goodell Touts an 18-Game NFL Season. Getting There Won’t Be Easy

‘I’m not a fan of the preseason,’ the commissioner said.
April 29, 2024

Nike’s Failed Attempt at ‘Innovating’ MLB Uniforms Leads to an About-Face

Nike is set to make a series of changes to the MLB uniforms after unrelenting criticism.