Competitive Edge - Sports & Entertainment Marketing News

MLB Generates Record Revenue in 2022

Major League Baseball just saw its teams spend billions of dollars in free agency, and part of the reason why is the record-setting revenue the league generated in 2022.

Click here to read the story at si.com.

Discussion Questions:

  1. What is revenue?
  2. Why is revenue important to Major League Baseball?
  3. Why is it important to MLB teams?
  4. How does the MLB and MLB teams generate revenue?
  5. What do you think the most lucrative revenue stream is for MLB and its teams?
  6. How do you think MLB managed to generate record revenue this year?
  7. What is an expense?
  8. How do pro sports teams generate a profit (or loss) and how is that impacted by an expense?
  9. What do you think the biggest expense is for major league sports teams?
  10. Why do you think MLB teams could afford to spend billions on free agency this year?
  11. Do you think this level of spending on players is sustainable if teams want to generate a profit? Why or why not?
Chris Lindauer
After working for nearly a decade in professional sports, Chris Lindauer, formed Sports Career Consulting to provide unique sports business education opportunities in and out of the classroom. In the eighteen years (and counting) that followed, Chris has inspired thousands of students to pursue their passions and explore the career of their dreams. He currently lives in Portland, Oregon with his wife, two teenage daughters and their dog.

SEARCH COMPETITIVE EDGE:

RECENT POSTS:

POST CATEGORIES

COMPETITIVE EDGE ARCHIVE

FOLLOW SCC