banner



How Does Mlb Make Money With Empty Stadiums

In the pandemic-shortened 2020 season, Major League Baseball teams played their 60 games in empty stadiums, with only cardboard cutouts in the stands.

With COVID-19 vaccines being rolled out, the chances are improving for allowing fans back inside MLB stadiums. However, to mix sports metaphors, full grandstands are no slam dunk.

Find Out: Maria Sharapova and 45 More Incredibly Rich Retired Athletes

The public health situation in the United States is changing by the day, and although more people are receiving the vaccine every day, questions remain: How quickly will the entire population be inoculated? What effects will coronavirus variants have? Can a person who has received the vaccine still spread the virus to others?

Major League Baseball wants to have fans back in the stands safely, of course. But the league will defer to state and local authorities on guidelines for how many spectators allowed.

With all those uncertainties, the financial hit to the league remains massive. Without fewer fans at the games, the sport of baseball just isn't going to be the revenue driver it normally is. In fact, teams still stand to lose millions of dollars in lost ticket sales, concessions and merchandise. After all, the profit margin on $8 beers and $5 hot dogs is, well, extreme.

Go Banking Rates took a look at the worst-case scenario, calculating how much each team would lose if no fans are allowed for a full season.

Hopefully these numbers won't become a reality, but here's a closer look at which teams stand to lose the most.

Last updated: Feb. 24, 2021

30. Miami Marlins

  • Average attendance: 10,016
  • Average ticket price: $24.65
  • Revenue per home game: $2,740,740.74
  • Gate receipts per home game: $246,913.58
  • Yearly gate receipts: $20,000,000
  • Food and merchandise revenue per home game: $2,493,827.16
  • Yearly food and merchandise revenue: $202,000,000

Annual revenue: $222,000,000

Check Out: Athletes With Major Business Empires Outside of Sports

29. Oakland A's

  • Average attendance: 20,521
  • Average ticket price: $24.65
  • Revenue per home game: $2,777,777.78
  • Gate receipts per home game: $469,135.80
  • Yearly gate receipts: $38,000,000
  • Food and merchandise revenue per home game: $2,308,641.98
  • Yearly food and merchandise revenue: $187,000,000

Annual revenue: $225,000,000

Just Like Us: Former Celebrities Who Have Normal Jobs Now

28. Kansas City Royals

  • Average attendance: 18,267
  • Average ticket price: $33.12
  • Revenue per home game: $3,098.765.43
  • Gate receipts per home game: $604,938.27
  • Yearly gate receipts: $49,000,000
  • Food and merchandise revenue per home game: $2,493,827.16
  • Yearly food and merchandise revenue: $202,000,000

Annual revenue: $251,000,000

Learn More: What NFL Teams Are Making With Limited Fan Capacity

27. Baltimore Orioles

  • Average attendance: 16,146
  • Average ticket price: $26.76
  • Revenue per home game: $3,160,493.83
  • Gate receipts per home game: $432,098.77
  • Yearly gate receipts: $35,000,000
  • Food and merchandise revenue per home game: $2,728,395.06
  • Yearly food and merchandise revenue: $221,000,000

Annual revenue: $256,000,000

Making Bank: The Richest Athletes in the World

26. Tampa Bay Rays

  • Average attendance: 14,552
  • Average ticket price: $26.30
  • Revenue per home game: $3,259,259.26
  • Gate receipts per home game: $382,716.05
  • Yearly gate receipts: $31,000,000
  • Food and merchandise revenue per home game: $2,876,543.21
  • Yearly food and merchandise revenue: $233,000,000

Annual revenue: $264,000,000

25. Toronto Blue Jays

  • Average attendance: 21,607
  • Average ticket price: $28.57
  • Revenue per home game: $3,271,604.94
  • Gate receipts per home game: $617,283.95
  • Yearly gate receipts: $50,000,000
  • Food and merchandise revenue per home game: $2,654,320.99
  • Yearly food and merchandise revenue: $215,000,000

Annual revenue: $265,000,000

24. Pittsburgh Pirates

  • Average attendance: 18,413
  • Average ticket price: $29.50
  • Revenue per home game: $3,370,370.37
  • Gate receipts per home game: $543,209.88
  • Yearly gate receipts: $44,000,000
  • Food and merchandise revenue per home game: $2,827,160.49
  • Yearly food and merchandise revenue: $229,000,000

Annual revenue: $273,000,000

23. Detroit Tigers

  • Average attendance: 18,536
  • Average ticket price: $30.64
  • Revenue per home game: $3,407,407.41
  • Gate receipts per home game: $567,901.23
  • Yearly gate receipts: $46,000,000
  • Food and merchandise revenue per home game: $2,839,506.17
  • Yearly food and merchandise revenue: $230,000,000

Annual revenue: $276,000,000

22. Cincinnati Reds

  • Average attendance: 22,329
  • Average ticket price: $24.88
  • Revenue per home game: $3,407,407.41
  • Gate receipts per home game: $555,555.56
  • Yearly gate receipts: $45,000,000
  • Food and merchandise revenue per home game: $2,851,851.85
  • Yearly food and merchandise revenue: $231,000,000

Annual revenue: $276,000,000

21. Arizona Diamondbacks

  • Average attendance: 26,364
  • Average ticket price: $25.29
  • Revenue per home game: $3,432,098.77
  • Gate receipts per home game: $666,666.67
  • Yearly gate receipts: $54,000,000
  • Food and merchandise revenue per home game: $2,7,65,432.10
  • Yearly food and merchandise revenue: $224,000,000

Annual revenue: $278,000,000

20. Chicago White Sox

  • Average attendance: 20,622
  • Average ticket price: $27.54
  • Revenue per home game: $3,518,518.52
  • Gate receipts per home game: $567,901.23
  • Yearly gate receipts: $46,000,000
  • Food and merchandise revenue per home game: $2,950,617.28
  • Yearly food and merchandise revenue: $239,000,000

Annual revenue: $285,000,000

19. Cleveland Indians

  • Average attendance: 21,465
  • Average ticket price: $37.96
  • Revenue per home game: $3,580,246.91
  • Gate receipts per home game: $814,814,81
  • Yearly gate receipts: $66,000,000
  • Food and merchandise revenue per home game: $2,765,432.10
  • Yearly food and merchandise revenue: $224,000,000

Annual revenue: $290,000,000

18. Milwaukee Brewers

  • Average attendance: 36,091
  • Average ticket price: $27.71
  • Revenue per home game: $3,641,975.31
  • Gate receipts per home game: $1,000,000
  • Yearly gate receipts: $81,000,000
  • Food and merchandise revenue per home game: $2,641,975.31
  • Yearly food and merchandise revenue: $214,000,000

Annual revenue: $295,000,000

Look: 13 Ways To Support Sports Teams Without Attending a Game

17. Minnesota Twins

  • Average attendance: 28,323
  • Average ticket price: $34.44
  • Revenue per home game: $3,666,666,67
  • Gate receipts per home game: $975,308.64
  • Yearly gate receipts: $79,000,000
  • Food and merchandise revenue per home game: $2,691,975.31
  • Yearly food and merchandise revenue: $218,000,000

Annual revenue: $297,000,000

16. San Diego Padres

  • Average attendance: 29,585
  • Average ticket price: $26.29
  • Revenue per home game: $3,691,358.02
  • Gate receipts per home game: $777,777.78
  • Yearly gate receipts: $63,000,000
  • Food and merchandise revenue per home game: $2,913,580.25
  • Yearly food and merchandise revenue: $236,000,000

Annual revenue: $299,000,000

15. Colorado Rockies

  • Average attendance: 36,954
  • Average ticket price: $26.73
  • Revenue per home game: $3,765,432.10
  • Gate receipts per home game: $987,654.32
  • Yearly gate receipts: $80,000,000
  • Food and merchandise revenue per home game: $2,777,777.78
  • Yearly food and merchandise revenue: $225,000,000

Annual revenue: $305,000,000

14. Seattle Mariners

  • Average attendance: 22,120
  • Average ticket price: $32.37
  • Revenue per home game: $3,888,888.89
  • Gate receipts per home game: $716,049.38
  • Yearly gate receipts: $58,000,000
  • Food and merchandise revenue per home game: $3,172,839.51
  • Yearly food and merchandise revenue: $257,000,000

Annual revenue: $315,000,000

13. Texas Rangers

  • Average attendance: 26,333
  • Average ticket price: $33.29
  • Revenue per home game: $4,135,802.47
  • Gate receipts per home game: $876,543.21
  • Yearly gate receipts: $71,000,000
  • Food and merchandise revenue per home game: $3,259,259.26
  • Yearly food and merchandise revenue: $265,000,000

Annual revenue: $335,000,000

12. New York Mets

  • Average attendance: 30,155
  • Average ticket price: $41.35
  • Revenue per home game: $4,469,135.80
  • Gate receipts per home game: $1,246,913.58
  • Yearly gate receipts: $101,000,000
  • Food and merchandise revenue per home game: $3,222,222.22
  • Yearly food and merchandise revenue: $261,000,000

Annual revenue: $362,000,000

Alternative Competition: Overwatch, Fortnite and 22 of the Most Lucrative Esports Games in the World

11. Washington Nationals

  • Average attendance: 27,899
  • Average ticket price: $61.95
  • Revenue per home game: $4,567,901.23
  • Gate receipts per home game: $1,728,395.07
  • Yearly gate receipts: $140,000,000
  • Food and merchandise revenue per home game: $2,839,506.17
  • Yearly food and merchandise revenue: $230,000,000

Annual revenue: $370,000,000

10. Los Angeles Angels

  • Average attendance: 37,272
  • Average ticket price: $35.11
  • Revenue per home game: $4,654,320.99
  • Gate receipts per home game: $1,308,641.98
  • Yearly gate receipts: $106,000,000
  • Food and merchandise revenue per home game: $3,345,679.01
  • Yearly food and merchandise revenue: $271,000,000

Annual revenue: $377,000,000

9. Atlanta Braves

  • Average attendance: 32,779
  • Average ticket price: $40.68
  • Revenue per home game: $4,716,049.38
  • Gate receipts per home game: $1,333,333.33
  • Yearly gate receipts: $108,000,000
  • Food and merchandise revenue per home game: $3,382,716.05
  • Yearly food and merchandise revenue: $274,000,000

Annual revenue: $382,000,000

8. St. Louis Cardinals

  • Average attendance: 42,968
  • Average ticket price: $39.65
  • Revenue per home game: $4,728,395.06
  • Gate receipts per home game: $1,703,703.70
  • Yearly gate receipts: $138,000,000
  • Food and merchandise revenue per home game: $3,024,691.36
  • Yearly food and merchandise revenue: $245,000,000

Annual revenue: $383,000,000

7. Philadelphia Phillies

  • Average attendance: 33,672
  • Average ticket price: $39.60
  • Revenue per home game: $4,839,506.17
  • Gate receipts per home game: $1,333,333.33
  • Yearly gate receipts: $108,000,000
  • Food and merchandise revenue per home game: $3,506,172.84
  • Yearly food and merchandise revenue: $284,000,000

Annual revenue: $392,000,000

6. Houston Astros

  • Average attendance: 35,276
  • Average ticket price: $63.00
  • Revenue per home game: $5,185,185.19
  • Gate receipts per home game: $2,222,222.22
  • Yearly gate receipts: $180,000,000
  • Food and merchandise revenue per home game: $2,962,962.96
  • Yearly food and merchandise revenue: $240,000,000

Annual revenue: $420,000,000

5. San Francisco Giants

  • Average attendance: 33,429
  • Average ticket price: $56.87
  • Revenue per home game: $5,580,246.91
  • Gate receipts per home game: $1,901,234.57
  • Yearly gate receipts: $154,000,000
  • Food and merchandise revenue per home game: $3,679,012.35
  • Yearly food and merchandise revenue: $298,000,000

Annual revenue: $452,000,000

4. Chicago Cubs

  • Average attendance: 38,208
  • Average ticket price: $64.62
  • Revenue per home game: $5,814,814.81
  • Gate receipts per home game: $2,469,135.80
  • Yearly gate receipts: $271,000,000
  • Food and merchandise revenue per home game: $3,345,679.01
  • Yearly food and merchandise revenue: $271,000,000

Annual revenue: $471,000,000

3. Boston Red Sox

  • Average attendance: 36,107
  • Average ticket price: $68.04
  • Revenue per home game: $6,407,407.41
  • Gate receipts per home game: $2,456,790.12
  • Yearly gate receipts: $199,000,000
  • Food and merchandise revenue per home game: $3,950,617.28
  • Yearly food and merchandise revenue: $320,000,000

Annual revenue: $519,000,000

2. Los Angeles Dodgers

  • Average attendance: 49,066
  • Average ticket price: $46.55
  • Revenue per home game: $6,864,197.53
  • Gate receipts per home game: $2,283,950.62
  • Yearly gate receipts: $556,000,000
  • Food and merchandise revenue per home game: $4,580,246.91
  • Yearly food and merchandise revenue: $371,000,000

Annual revenue: $556,000,000

1. New York Yankees

  • Average attendance: 40,795
  • Average ticket price: $86.85
  • Revenue per home game: $8,432,098.77
  • Gate receipts per home game: $3,543,209.88
  • Yearly gate receipts: $287,000,000
  • Food and merchandise revenue per home game: $4,888,888.89
  • Yearly food and merchandise revenue: $396,000,000

Annual revenue: $683,000,000

More From GOBankingRates

  • Here's the Average IRS Tax Refund Amount by State
  • 30 Biggest Do's and Don'ts When Buying a Car
  • 27 Ugly Truths About Retirement
  • 17 Hidden Auto Costs Your Dealer Will Never Tell You About

Methodology:In order to find what a season played in empty stadiums would cost each franchise, GOBankingRates looked at Forbes' team evaluations for Major League Baseball (MLB). Using these reports and attendance reports for the most recent completed season with full attendance from Baseball Reference (2019), GOBankingRates found the following data points to measure the revenue each franchise will lose out on in one season without fan attendance; (1) yearly revenue, (2) revenue per home game, (3) yearly gate reciepts, (4) gate recipets per home game, (5) average attendance, (6) average ticket price per home game, (7) yearly food and merchandise revenue, (8) food and merchandise revenue per home game. All data was collected on and is up to date as of February 8, 2021.

How Does Mlb Make Money With Empty Stadiums

Source: https://www.gobankingrates.com/money/business/baseball-considers-season-fans-playing-empty-stadiums-would-cost-mlb-franchise/

Posted by: bahenaxviver.blogspot.com

0 Response to "How Does Mlb Make Money With Empty Stadiums"

Post a Comment

Iklan Atas Artikel

Iklan Tengah Artikel 1

Iklan Tengah Artikel 2

Iklan Bawah Artikel