Dec 10, 2012, 10:30 AM EST
Maury Brown reported last night that baseball’s latest revenue numbers are in: $7.5 billion for 2012. Perspective: in 1995, revenues were at $1.4 billion.
Oh, and starting in 2014 the new national broadcast deals with FOX, ESPN, and TBS kick in, which will represent another $788 million a year. And each time a new local TV deal is inked, it’s more money to the bottom line. Remember: the Dodgers are supposed to add $200 million+ each year.
The disparities brought on by each team having wildly different local TV dollars is a concern for baseball going forward, but the overall financial health of the industry is pretty damn strong.
- Robinson Cano agrees to $240 million deal with Mariners (260)
- Yankees agree to seven-year, $153M contract with free agent outfielder Jacoby Ellsbury (160)
- Report: Mariners willing to offer Robinson Cano a 10-year, $240 million deal (143)
- Report: Yankees have agreed to a three-year deal with Carlos Beltran (125)
- Brett Gardner is drawing “significant” trade interest (111)