In 2007, MLB’s total revenue was $6.1 billion. In 2019, it was $10.7 billion. That’s an increase of 43%.
In 2007, the average MLB player salary was $2.82 million. In 2019, it was $4.38 million. An increase of 35.6%.
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Originally Posted by Curve Ball Dave
Baseball is doing nothing to make the game more accessible to the masses. You have to take out a mortgage to attend a game, and if you want to watch your local team on TV you have to have a cable subscription or another piece of technology that will allow you to view the game and neither of these items are necessarily within the means of a working class person. So between the extreme cost of attending a game and the costs to just watch from your living room, it takes a lot of money to be fan. And the billionaire owners and millionaire players are going to fight over how much more money it'll take to follow the game.
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The owners and owners alone set the prices…and they’re going to set the prices at the point which they believe will provide the most revenue, independent of how much they pay the players. It’s based on supply and demand, not expenses.
The players are just fighting for their fair share of the money that the owners are going to make regardless. Since they’re, you know, the reason the money is actually being made in the first place. Nobody’s paying to watch a billionaire sit in a suite that costs more than their house.