Mar 26, 2021 - Sports
How the pandemic crushed baseball
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New estimates show how brutal the pandemic was for MLB teams.
What happened: Sponsor revenues fell as much as 60% for most teams, while local media revenues plummeted even more, per Sportico.
- Plus no fans in stands = evaporation of ticket sales, concession and parking revenues.
The bottom line: Combined MLB team revenue fell by $7 billion.
Go deeper on team valuations.
