This is a golden period for Major League Baseball (MLB). Television money is flooding in. Team values have increased by around 48 percent during the last one year period.
The Philadelphia Phillies earned a revenue of $265 million in 2014. Its operating loss was $39 million. The team signed a 25-year television agreement with Comcast SportsNet Philadelphia. The deal is worth more than $5 billion and begins with the 2016 season.
Washington Nationals generated a revenue of $287 million in 2014. They were tabbed as World Series favorites for the 2015 season by Vegas oddmakers. The team’s operating income was $41.4 million.