MLB Teams Lost $1 Billion In 2020 On $2.5 Billion Profit Swing [Forbes]
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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 billionADVERTISEMENTCommissioner Rob ManfredreportedlyScott BorassaidWho’s right? Depends on how you count.The numbers based on the reporting I have done leading up toForbesannual baseball valuationsNote: Two differences between my revenue and operating income figures above and the ones that will be published with our next MLB valuations in April is that the latter will include (that is, deduct from revenue) stadium debt payments teams had to make, as well as proceeds from non-MLB events (minimal in 2020 but significant in 2019) at the ballpark.What likely accounts for the difference in revenue and “losses” between my figures, the ones cited by Manfred and Boras’ statement? First, my figures measure cash in v
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