MLB Revenues Hit Record $12.1 billion

Maury Brown

Senior Contributor

The most recent Forbes valuations, which cover the 2023 season place the revenues for just the 30 clubs, and not including league revenues at $11.34 billion. That’s an average of $378 million per club—the steepest increase since 2015. The Sports Business Journal reported gross revenues for 2023 at $11.6 billion, making 2024’s figure an increase of +4.3%. When accounting for inflation, gross revenues have grown +15.2% since 2012.

 

https://www.forbes.com/sites/maurybrown/2025/01/27/mlb-revenues-hit-record-121-billion-in-2024/

 

Edited January 29, 20251 yr by caulfield12

Manfred said as much a month or so ago.

Going to be hard to claim you need a salary cap with a straight face to the union after this type of news. 

JR's jaw just dropped:

 https://www.cbssports.com/mlb/news/los-angeles-fires-dodgers-owner-team-foundation-announce-100-million-donation-to-spearhead-recovery-efforts/

1 hour ago, Lip Man 1 said:

JR's jaw just dropped:

 https://www.cbssports.com/mlb/news/los-angeles-fires-dodgers-owner-team-foundation-announce-100-million-donation-to-spearhead-recovery-efforts/

JR hasn’t approved signing a single player for $100 million and here is another team donating that kind of money.  To quote SoxFest attendees from last Saturday — “SELL THE TEAM!  SELL THE TEAM!”

Edited January 29, 20251 yr by WhiteSox2023

1 hour ago, Lip Man 1 said:

JR's jaw just dropped:

 https://www.cbssports.com/mlb/news/los-angeles-fires-dodgers-owner-team-foundation-announce-100-million-donation-to-spearhead-recovery-efforts/

Tax write-off against carried profits/capital gains...basically that's all the extra revenue that Ohtani created for 2024.

Or $100/$277 million White Sox yearly revenues.

36%.

Edited January 29, 20251 yr by caulfield12

https://www.statista.com/statistics/193467/total-league-revenue-of-the-nba-since-2005/

MLB has passed NBA for revenue...almost the exact same revenue per team as MLB too...but NBA ratings for 2024-25 down12-28% across all networks, whereas Dodgers/Yankees way up.

MLB gaining in Japan Korea Taiwan while NBA has already leaked long ago in China.

 

$377.97 million U.S. dollars

During the 2023/24 season, the average revenue per franchise in the National Basketball Association (NBA) stood at 377.97 million U.S. dollars. This was an increase of over 20 million U.S. dollars from the previous year and over double the amount from ten years prior.

Edited January 29, 20251 yr by caulfield12

HIGHLIGHTS INCLUDE:

• $3.38 BN - Global value of the NBA's media rights (including $76 billion in new deals)
• 32% - YoY rise in NBA regular season ticket sales on Viagogo
• $1.5 BN - Total sponsorship spending across all 30 franchises

In addition to aggregating publicly accessible information, the NBA 2024/25 Business Report unites proprietary insights and analytics from an array of partner data providers, much of which is not available anywhere else in the sports industry.

https://www.businesswire.com/news/home/20250120066999/en/National-Basketball-Association-NBA-Business-Report-20242025-Stay-Ahead-of-the-Game-with-Critical-Insights-Into-the-NBA-and-Its-30-Franchises---ResearchAndMarkets.com/

Edited January 29, 20251 yr by caulfield12

And the wild thing is that the Sox revenues are basically flat since 2020.  Such a waste of a franchise.

13 hours ago, WhiteSox2023 said:

JR hasn’t approved signing a single player for $100 million and here is another team donating that kind of money.  To quote SoxFest attendees from last Saturday — “SELL THE TEAM!  SELL THE TEAM!”

Sure, because the white sox revenues are the same as the dodgers.

14 hours ago, Lip Man 1 said:

Manfred said as much a month or so ago.

Going to be hard to claim you need a salary cap with a straight face to the union after this type of news. 

No its not. While the revenue is increasing you can't honestly think that teams like kc are on equal footing with LA. 

Revenue isn't the question. It's the disparity between the teams that is the issue.

If all teams shared equally like the nfl, you would have a point.

9 minutes ago, ptatc said:

Sure, because the white sox revenues are the same as the dodgers.

Forget the Dodgers then…  it’s still pathetic.  The Sox are in great company.

 

Edited January 29, 20251 yr by WhiteSox2023

46 minutes ago, WhiteSox2023 said:

Forget the Dodgers then…  it’s still pathetic.  The Sox are in great company.

 

Correct, it's the disparity. There are many teams in the bottom. Few at the top.

56 minutes ago, ptatc said:

No its not. While the revenue is increasing you can't honestly think that teams like kc are on equal footing with LA. 

Revenue isn't the question. It's the disparity between the teams that is the issue.

If all teams shared equally like the nfl, you would have a point.

If the White Sox actually took advantage of the market they are in, and ran this franchise like anything but a family convience store, they would be a highly profitable team with a lot more revenue coming in on an annual basis.  The disparity exists for them because of their own stupidity and stubbornness.

11 minutes ago, ptatc said:

Correct, it's the disparity. There are many teams in the bottom. Few at the top.

Yet those many teams at the bottom have still signed players to $100 million dollar contracts.

1 hour ago, ptatc said:

No its not. While the revenue is increasing you can't honestly think that teams like kc are on equal footing with LA. 

Revenue isn't the question. It's the disparity between the teams that is the issue.

If all teams shared equally like the nfl, you would have a point.

No, but they did manage to sign Witt to a $288 million dollar contract.  Jerry is at $75 million.

46 minutes ago, southsider2k5 said:

If the White Sox actually took advantage of the market they are in, and ran this franchise like anything but a family convience store, they would be a highly profitable team with a lot more revenue coming in on an annual basis.  The disparity exists for them because of their own stupidity and stubbornness.

They're already a HIGHLY profitable team.  JR is going to bank $100M+ this year.  Your point of their own stupidity and stubbornness still applies.

28 minutes ago, champagne030 said:

They're already a HIGHLY profitable team.  JR is going to bank $100M+ this year.  Your point of their own stupidity and stubbornness still applies.

On paper they are actually one of the least profitable teams in baseball.

owner Hal Steinbrenner admitted that the team known as the Evil Empire cannot compete with the Dodgers spending spree, per Meredith Marakovits of YES Network.

“It’s difficult for most of us owners to be able to do the kinds of things that they’re doing, and we’ll see if it pays off. They still have to have a season relatively injury free for it to work out for them, and it’s a long season, as you know, and once you get to the postseason, anything can happen.”

https://legacy.baseballprospectus.com/compensation/cots/

White Sox barely ahead of Rays and Marlins for projected payroll...will fall way under at 30 once Robert and/or Benintendi are gone.

Rays moving into a High A stadium for at least one year obviously won't exactly boost their revenue generating ability.

 

30 minutes ago, caulfield12 said:

owner Hal Steinbrenner admitted that the team known as the Evil Empire cannot compete with the Dodgers spending spree, per Meredith Marakovits of YES Network.

“It’s difficult for most of us owners to be able to do the kinds of things that they’re doing, and we’ll see if it pays off. They still have to have a season relatively injury free for it to work out for them, and it’s a long season, as you know, and once you get to the postseason, anything can happen.”

Coming from the Yankees that's quite ironic isn't it? 😆

10 minutes ago, Lip Man 1 said:

Coming from the Yankees that's quite ironic isn't it? 😆

Unlocking the Asian/Japanese market a huge key for untapped revenues...

Why nobody has created a "Korean team" is beyond me...Giants might be the closest now with CF Woo if he can produce to justify that hefty contract.

Could have gone with HaSeong Kim over Adames, for example.

2 hours ago, WhiteSox2023 said:

No, but they did manage to sign Witt to a $288 million dollar contract.  Jerry is at $75 million.

True. Let's see how the rest if the team goes with so much dedicated to one player.

18 minutes ago, Lip Man 1 said:

Coming from the Yankees that's quite ironic isn't it? 😆

😆

2 hours ago, southsider2k5 said:

If the White Sox actually took advantage of the market they are in, and ran this franchise like anything but a family convience store, they would be a highly profitable team with a lot more revenue coming in on an annual basis.  The disparity exists for them because of their own stupidity and stubbornness.

Maybe some but there is no way you can convince me that they could compete with LA or NY.

The disparity might be less but not significantly.

17 minutes ago, ptatc said:

Maybe some but there is no way you can convince me that they could compete with LA or NY.

The disparity might be less but not significantly.

Yeah, I mean with the record of 10 straight World Series going to the Dodgers and Yankees, how could you deny this?