MLB Set To Lose $4 Billion If Play Doesn’t Resume
The MLB is set to lose $4 billion if play doesn’t resume in the foreseeable future.
The commissioner went on TV this week to make that point in as blatant terms as possible.
“The economic effects are devastating, frankly, for the clubs. We’re a big business, but we’re a seasonal business,” Rob Manfred said.
“Unfortunately, this crisis began at kind of a low point for us in terms of revenue. We hadn’t quite started our season yet. If we don’t play a season, the losses for the owners could approach $4 billion.”
“Playing in empty stadiums is not a great deal for us economically, but our owners are committed to doing that because they feel it’s important that the game be back on the field and that the game be a sign of beginning to returning to normalcy and American life as we’ve always enjoyed it,” Manfred continued.
Will the MLB actually get around to returning? Time will tell.
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Michael Kyaw, initially a PR Manager, built up a valuable network of connections in the sports world that he then utilized to become an influential sports business reporter. His work has been published on Fox Sports, Bleacher Report, Fansided, ESPN and the Wall Street Journal.
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