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nynasty
nynasty
Notsomuch
As for baseball’s P&L statement, by our count, the 30 MLB teams generated record average operating income (in the sense of earnings before interest, taxes, depreciation and amortization) of $40 million during the 2018 season, 38% more than the previous year. Last season revenue increased 4.8%, to an average of $330 million per team, while player costs (including signing bonuses and benefits) remained flat at $157 million.
As for baseball’s P&L statement, by our count, the 30 MLB teams generated record average operating income (in the sense of earnings before interest, taxes, depreciation and amortization) of $40 million during the 2018 season, 38% more than the previous year. Last season revenue increased 4.8%, to an average of $330 million per team, while player costs (including signing bonuses and benefits) remained flat at $157 million.