HomeBaseballUSA

MLB enjoyed record revenues of $10.3bn in 2018 – report

After passing the $10bn (€8.7bn) threshold in 2017, Major League Baseball’s revenues climbed to $10.3bn last year, according to Forbes.

It was the 16th consecutive year that MLB enjoyed record gross revenues but the rate of growth was lower than in previous years.

Due to a four-per-cent drop in league-wide attendances, ancillary income such as concessions and parking declined.

Television revenues were largely flat – though this will rise in 2019 following a streaming-rights deal with DAZN – while sponsorship income rose.