Topic: Major League Baseball (MLB)

Tipster Profit Report March 2019

The New York Yankees, the team with the highest revenue in Major League Baseball, generated around 287 million U.S. dollars of income from gate receipts alone in 2019. Leaguewide revenue from ticket sales stood at more than 2.86 billion U.S. dollars in the same season. The Yankees are also the most valuable franchise in baseball with an estimated value of five billion U.S. dollars in 2020. Revenue from television and media rights is also an important stream of revenue for MLB. Broadcasting deals with TBS, ESPN and Fox, starting with the 2014 season, will bring in around 12.4 billion U.S. dollars in total revenue through 2021.

Due to its extensive regular season schedule (162 games per team, 2,420 games total league wide), the league has the highest total attendance amongst sports leagues worldwide. In 2019,average attendance at regular season games was at about 28.32 thousand. The average ticket price was at just under 33 U.S. dollars for the 2019 season.

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