Saturday, September 19, 2026

Baseball Hall of Fame’s Class Size Impacts the Shrine’s Bottom Line

As the Baseball Hall of Fame reports a set of improved financial results, the full impact of its 2026 induction class is taking shape.

Dec 8, 2025; Orlando, FL, USA; MLB Hall of Fame inductee Jeff Kent takes questions from the media during the 2025 MLB Winter Meetings at Signia by Hilton Hotel
Mike Watters-Imagn Images

The Baseball Hall of Fame is set to fill out its 2026 induction class late Tuesday with the release of voting results from the Baseball Writers’ Association of America, and already, larger classes have proven to be good for business.

The upcoming voting results, set to be disclosed live at 6 p.m. ET on the MLB Network, will show who will join former slugging infielder Jeff Kent in this year’s Hall of Fame class. Kent, the league’s all-time home run leader among second basemen, was elected last month by the shrine’s Contemporary Era Committee, emerging from a stacked, eight-player ballot that included Don Mattingly, Barry Bonds, Roger Clemens, and the late Fernando Valenzuela.

In publicly available BBWAA ballots collated by Hall of Fame tracker Ryan Thibodaux, outfielders Carlos Beltrán and Andruw Jones are above the necessary 75% threshold for induction. There is often a subsequent drop in final vote totals, however, leaving the candidacy of Jones still in some question. 

The emerging voting results also show a struggle that voters still have in assessing the troublesome behavior of some players. While playing with the Astros, Beltrán had a meaningful role in that club’s 2017 sign-stealing scandal, helping derail his subsequent managerial stint with the Mets before he helmed a single game. Voters, however, appear to be locking in on his status as one of baseball’s greatest switch-hitters. 

Former standout starting pitcher Andy Pettitte, meanwhile, is set to see his voting totals rise by about 30 points compared to a year ago and more than 40 points above his 2024 total, despite prior admitted use of human growth hormone while recovering from an injury. Pettitte will still finish below the induction threshold this year, but his escalation in the vote totals still contrasts sharply with the harsh treatment that Hall of Fame voters typically have given admitted users of HGH and other performance-enhancing drugs. 

Financial Results

The Cooperstown, N.Y.-based Hall of Fame, meanwhile, said in a recently filed tax return that it generated $17.2 million in revenue for 2024, the most recent year for which data is available. That total is up 25% from the prior year as the institution welcomed a robust induction class that year that included Adrian Beltré, Todd Helton, Joe Mauer, and Jim Leyland. 

Net income, meanwhile, swung from a prior $1.26 million loss, its first year in the red in a decade, to a gain of $683,112. 

Attendance for the induction weekend in 2024 reached 28,000, more than twice the 2023 figure that came out for Fred McGriff and Scott Rolen. Crowds for that summertime event, as well as visitor turnout for the entire year at the Hall of Fame, often swing materially based on the size of the induction class each year and the popularity of the players involved.

A five-person 2025 class led in part by Ichiro Suzuki and CC Sabathia saw the induction weekend crowd swell even more, reaching 30,000, and likely will be reflected in the Hall of Fame’s next tax return. 

During 2024, though, the Hall of Fame also saw strong increases in each of its key revenue areas, including admissions, charitable donations, merchandise sales, and investments.

Also of note from the financial filings: Josh Rawitch, Hall of Fame president since 2021, earned $489,393 in total compensation in 2024. 

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Hot & Social/Mets

Sports Teams Are Playing a New Role: Matchmaker

The latest promotion at the stadium? Love.
Exclusive

Vicious Infighting Is Jeopardizing the Future of Women’s Baseball

The WPBL’s own CEO admits there’s a “power struggle.”

Diamond Baseball Holdings Interested in ‘Any and All’ MiLB Teams

The Silver Lake–backed entity remains on the hunt for more teams.
Sam Porter

Private Equity Giant Apollo Taking ‘Hard Look’ at NFL Investment

Apollo isn’t on the NFL’s approved PE list—yet.
podcast thumbnail mobile
Front Office Sports Today

NFL Ratings Dip, Steve Belichick Resigns, Knicks Ticket Refunds

0:00

Featured Today

Fantasy Football Drafts Are Turning Into Full-Blown Vacations

Leagues are forgoing solo drafts and replacing them with in-person getaways.
Oct 4, 2025; Tempe, AZ, USA; General action during the first period of the game between the Arizona State Sun Devils and the Penn State Nittany Lions at Mullett Arena
September 10, 2026

How Military-Style Workouts in College Sports Get Dangerous

For elite athletes, high-intensity training can be “very appealing.”
September 6, 2026

Is Carolyn Tisch Blodgett the Future Face of Giants Ownership?

Amid changes at top of Giants ownership, eyes are on Tisch Blodgett.
September 4, 2026

Wild Transfer Window Shows How Premier League Towers Over Soccer

Spending in England vastly outstripped the rest of Europe.
September 3, 2026

Teams Are Spending Millions to Build Luxury Locker Rooms

It’s a recruiting pitch, a retention tool, and a seven-figure line item.
First at FOS

NFL Strictly Enforcing Illegal Contact, Offensive Pass Interference

Discouraging illegal contact by defensive backs could boost scoring.
September 16, 2026

ESPN Draws 23.2M Viewers for Week 1 of ‘Monday Night Football’

It’s the third-most-watched game of all 362 ESPN “MNF” broadcasts.
Sep 11, 2026; Melbourne, AUS; San Francisco 49ers quarterback Brock Purdy (13) rushes the ball in the second half against the Los Angeles Rams at Melbourne Cricket Ground. Mandatory Credit: Kirby Lee-Imagn Images
September 17, 2026

NFL Week 1 Ratings Fall 13% Despite New Broadcast Schedule

The league saw a surprisingly sharp drop in viewership.
Sponsored

Drew Weatherford’s Bet on the Youth Sports Economy

Drew Weatherford discusses investing across the youth, college and professional levels.
September 16, 2026

NFL Blocks Teams From Signing ex-LSU Players

Dae’Quan Wright’s agent says the tight end is exploring his legal options.
September 16, 2026

WTA Finals Moving to Charlotte in 2027 As U.S. Push Continues

The 2026 WTA Finals will be played at Indian Wells.
September 15, 2026

Networks Get Mixed Results With Week 1 NFL Viewership

CBS sees some viewership attrition, while NBC rebounded Sunday night.
Jun 23, 2026; New York, NY, USA; NBA commissioner Adam Silver during the 2026 NBA draft at Barclays Center. Mandatory Credit: Brad Penner-Imagn Images
September 15, 2026

Adam Silver: It Would Be a ‘Failure’ If Trail Blazers Left Portland

Silver spoke after the NBA Board of Governors meetings in New York.