• Loading stock data...
Saturday, July 20, 2024
Join us this September for Tuned In Request to Attend

MLB Banks Record $10.8B in 2022

  • MLB earned more than $10.8 billion in 2022 revenue.
  • The record sum was buoyed by new media and sponsorship deals.
MLB-New-York-Yankees
Brad Penner-USA TODAY Sports

MLB answered critics of its aging fanbase and media challenges with its strongest revenue year to date.

The league reportedly earned more than $10.8 billion in 2022, edging out its previous record of $10.7 billion in 2019.

  • Last season began a new set of media rights deals with Fox, TBS, and ESPN that collectively pay $1.8 billion per year. The trio’s previous deals brought in $1.5 billion annually.
  • New streaming deals with Apple and NBC’s Peacock added $115 million per season.
  • Sponsorship deals brought in $1.2 billion, up 5.6% from the year before.

The league’s attendance of 64.6 million showed a 42.3% increase from the pandemic-affected 2021 but was the lowest figure since 1997, other than 2020 and 2021. 

The 2022 season was delayed by a 99-day lockout as players and owners negotiated a new collective bargaining agreement.

Attendance slipped each year from 2012’s 74.9 million to 2019’s 68.5 million.

Warriors Owner to ‘Look At’ Buying Los Angeles Angels

The Angels could command an MLB-record $2.5 billion sale.
January 6, 2023

Patching Up

Teams will have an additional revenue stream in 2023 when the league begins allowing deals for sponsored uniform patches.

The league is also instituting changes intended to speed up the game and generate more excitement, including a pitch clock, restrictions on defensive shifts, and changes to encourage stolen base attempts.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Stephen A. Smith: Skip and I Are Done As TV Team

The broadcaster delivered the news himself on his YouTube show.

Lamar Jackson, Troy Aikman in Legal Battle Over the Number Eight

The two quarterbacks both have trademarks with the number.
An artistic rendering of the new proposed Everton stadium in Liverpool.

Déjà Vu: Everton Loses Takeover Bid From U.S. Investor

The Premier League club is back on the hunt for a new owner.

A’s Stadium Site Demolition Begins, but Many Questions Remain

Questions remain regarding each of the three main components of the ballpark financing.
podcast thumbnail mobile
Front Office Sports Today

‘EA Sports College Football 25’: It’s More Than a Game

0:00

Featured Today

The Road to the Return of ‘EA Sports College Football’

This summer, the biggest development in college sports is virtual.
Apr 15, 2024; Brooklyn, NY, USA; Caitlin Clark poses with WNBA commissioner Cathy Engelbert after being selected with the number one overall pick to the Indiana Fever during the 2024 WNBA Draft at the Brooklyn Academy of Music.
July 16, 2024

Women’s Sports Merch Is a $4 Billion Market, but Supply Isn’t Meeting Demand

Retailers can’t make women’s sports apparel fast enough.
Jan 7, 2024; Nashville, Tennessee, USA; Jacksonville Jaguars wide receiver Calvin Ridley (0) reacts after scoring a touchdown against the Tennessee Titans during the first half at Nissan Stadium.
July 14, 2024

Without Hard-Line Bans, Pro Athletes and Personnel Will Keep Betting on Sports

Penalties often aren’t stringent or consistent enough to deter banned behavior.
Oct 2, 2021; Miami Gardens, FL, USA; NFL commissioner Roger Goddell speaks during the Don Shula Celebration of Life at Hard Rock Stadium.
July 13, 2024

The NFL Is Confident It Can Overturn the Sunday Ticket Verdict

The league may have good reason to believe it can win.

Open Championship CEO Raises Alarm Over Golf’s Financial Future

The Open Championship is offering a record $17 million purse.
July 18, 2024

Loyal WNBA Fans Hit With Enormous Season-Ticket Price Hikes

Some season-ticket holders are seeing their prices doubled.
July 18, 2024

WNBA Appears Set to Extend Season to 44 Games in 2025

The Chicago Sky told season-ticket holders they ‘expect approval’ for change.
Sponsored

TopSpin 2K25 Brings the Legends of Tennis to Your Living Room

2K sports is reviving a classic with TopSpin 2K25.
July 18, 2024

MLB Attendance and Ratings on the Rise at Midway Point

MLB will enter the season’s second half with gains in attendance and national TV viewership.
July 17, 2024

NBA’s Blockbuster Rights Deal Faces Uncertainty, Potential Legal Threats

League commissioner Adam Silver says many of the next steps are ‘out of my control.’
July 17, 2024

Pulling Back the Curtain on the NFL’s $25 Billion Revenue Dream

NFL teams received $402.3 million in payments from the league.
July 17, 2024

What the WNBA’s Windfall Could Mean for Player Salaries

The WNBA could hit its first million-dollar annual salary as soon as 2026.