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6 min read

Major League Baseball: hitting it out of the park?

The new MLB season gets underway this week, with new domestic broadcasting deals starting and a new CBA in place.

  • 2021 revenues of $9.6bn were 7.8% lower than 2019 levels as average attendance was down a third to 18,900 per game
  • The New York Yankees are the first team in baseball reach a value of $6bn and trail only the NFL's Dallas Cowboys ($6.5bn) globally
  • The MLB minimum salary jumps $129,500 in the first year of the new Collective Bargaining Agreement, an increase of 22.7%

On April 7 the 2022 MLB season gets underway, a week later than originally scheduled due to protracted negotiations on a new Collective Bargaining Agreement for 2022-28.

Baseball is widely seen as America’s third sport after American Football and Basketball, but the MLB actually boasts the highest attendance of any sports league in the world, with total regular season crowds averaging 72 million in the five seasons up to 2019. Around 7,500 hours of play are clocked up each season, with every team playing 162 matches (with additional games for those making playoffs) – twice as many as teams play in the NHL and NBA, four times as many as top-tier European football clubs and ten times as many as played in the NFL
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