Broadcasting Fees, Digital Access and Investment Savvy Boost MLB (Major League Baseball), Business and Industry Trends Analysis

Forbes reported in 2020 that the average Major League Baseball (MLB) team was worth $1.90 billion, compared to $1.85 billion in 2019.  Team revenue on average dropped from $346 million in 2019 to $90 million in 2020.  Operating income per team was about $40 million in 2018, $50 million in 2019 and $-60 million in 2020.  The Coronavirus pandemic forced a shortened season for 2020.  MLB announced a 60-game regular season to begin on July 23, 2020 in which teams will play their four divisional opponents 10 times each, with an additional 20 games against interleague opponents in the same…

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