The Hustle

Baseball looks a little uglier but business is booming

“This is our year” will be uttered by fans of all 30 Major League Baseball teams today as a new season starts — by fall, 29 of those fan bases will discover they were terribly, terribly wrong.

But those fans will have forked over a lot of money along the way.

MLB set a $10.8B+ revenue record last season and franchise values are soaring (the average team is worth $2.31B, per Sportico).

Putting up big stats

Since Houston hoisted the trophy last November, teams have signed players to a combined $3.79B in contracts, per Spotrac. Why the confident spending?

Not all fun and ballgames

America’s pastime remains a lucrative business, but MLB has lost its throne to the NFL (and its ~$19B in revenue). And there are plenty of other threats to baseball’s finances:

Oh, and have we mentioned yet how ugly those jersey patches are?

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