MLB Generated Record-Setting $9 Billion In Revenue In 2014

Major League Baseball had a great 2014, as the 30 franchises combined to produce $9 billion in revenues, breaking its record from the previous season.

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This may be called “the most wonderful time of the year,” yet for Major League Baseball, March through October was a pretty wonderful time, as the 30 teams produced $9 billion in revenues during the 2014 season.

The report from Forbes showed that much of MLB’s financial success was due in part to its new broadcast deals with ESPN, Fox and TBS, which put an estimated $788.3 million into the coffers of the league. Television also played a huge role in local deals, especially the deal the broadcast deal that helped the Los Angeles Dodgers generate up to $8 billion a year, of which 30 percent of it went into revenue sharing.

Following the lead of the Dodgers and New York Yankees, the San Diego Padres, Texas Rangers, Los Angeles Angels, Houston Astros, Seattle Mariners and Philadelphia Phillies have also worked out local media rights deals that will net each of the teams multiple billions that will see some of it head into revenue sharing. In the case of the Astros, who had been hampered by its Comcast Sports Houston fiasco that saw up to 65 percent of fans unable to watch games, the money will soar beginning next season with the recent deal the team did with DirecTV-owned Root Sports.

MLB Advanced Media was also a huge revenue generator, as Forbes estimated the league’s media bedrock produced about $1 billion this season.

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