MLB Teams Lost $1 Billion In 2020 [Forbes]
John Wiley & Sons, Inc. (JW.A)
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Source: Forbes
Julio Urias #7 of the Los Angeles Dodgers celebrates after defeating the Tampa Bay Rays 3-1 in Game... [+]Six to win the 2020 MLB World Series at Globe Life Field on October 27, 2020 in Arlington, Texas. (Photo by Sean M. Haffey/Getty Images)How hard did thepandemic-shortened$2.5 billionCommissioner Rob ManfredreportedlyScott BorassaidWho’s right? Depends on how you count.The numbers based on the reporting I have done leading up toForbesannual baseball valuationsWhat likely accounts for the difference in revenue and “losses” betweenWhen I asked MLB about the $2.8 billion to $3 billion “operational loss” that was attributed to Manfred, a spokesperson said that figure did not mean MLB lost $that much in 2020. Instead, the commissioner was referring to the difference between 2019 and 2020 operating profits.MORE FOR YOUSteelers At Bengals Odds, Betting Line, Picks: Monday Night Football Predictions Against The SpreadWWE TLC 2020 Results: Winners, News And Notes On December 20WWE Raw Resul
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