Baseball Revenues and Expenses Assuming the Entire 1994 Season had been Played
------------- ----------------------- Millions------------------------
1 2 3 4 5 6 7 8
Gate Media Stad. Total Player Oper. Oper. Fran.
Franchise Rec. Rev. Rev. Rev. Costs Exp. Inc. Value
------------- --------------------------------------------------------
New York (AL) $22.5 $36.4 $10.0 $71.5 $37.1 $62.8 $8.7 $185
Baltimore 25.6 11.4 13.4 53.1 30.0 47.6 5.5 164
Texas 27.0 10.0 10.3 50.1 25.5 44.9 5.2 157
Chicago (AL) 21.1 7.2 14.6 45.5 31.4 51.3 -5.8 152
Toronto 35.4 12.9 5.6 56.4 33.6 55.0 1.4 146
Boston 22.3 18.0 7.0 49.9 28.9 49.6 0.2 143
Los Angeles 21.3 15.3 10.4 49.5 30.6 53.6 -4.1 143
Chicago (NL) 23.7 17.0 9.7 53.8 25.3 50.1 3.7 135
New York (NL) 12.5 22.2 7.6 45.0 24.1 47.2 -2.2 134
Atlanta 29.6 16.6 7.0 55.8 34.8 61.1 -5.3 120
Colorado 24.3 6.2 10.2 43.5 19.1 38.9 4.6 117*
St. Louis 18.5 10.7 7.6 39.3 23.3 43.3 -4.0 110
Cleveland 22.9 5.4 10.1 41.0 24.8 45.5 -4.5 103
San Francisco 17.6 10.7 12.0 43.1 33.6 53.4 -10.3 102
Oakland 14.3 13.2 6.7 36.7 27.3 47.3 -10.6 101
Philadelphia 21.8 10.3 6.5 41.1 24.8 44.8 -3.7 96
Kansas City 14.9 5.4 9.1 31.9 32.3 49.3 -17.4 96
Florida 19.4 12.7 5.6 40.9 15.5 31.9 9.0 92*
Houston 14.5 8.0 9.1 34.3 26.3 42.6 -8.4 92
California 13.0 8.7 5.7 30.0 19.5 38.7 -8.7 88
Cincinnati 14.4 8.4 5.3 30.6 32.7 47.5 -16.8 84
Detroit 14.3 12.5 3.7 33.0 32.7 48.7 -15.7 83
Minnesota 14.6 5.4 3.6 26.2 19.6 35.7 -9.6 80
Seattle 12.8 6.3 5.8 27.4 22.0 39.5 -12.1 76
Montreal 10.8 7.8 4.0 25.8 14.8 29.6 -3.8 76
Milwaukee 13.2 6.3 3.6 26.0 19.7 37.9 -12.0 75
San Diego 9.0 9.0 4.4 25.0 11.1 26.6 -1.6 74
Pittsburgh 11.8 8.6 2.5 25.6 17.0 31.7 -6.1 70
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League Averages $18.7 $11.5 $7.5 $40.4 $25.6 $44.9 $-4.4 $111
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Note: Except for franchise value, all figures are for 1994 season and are
from continuing operations.
* Based on the last two years' average revenues.
1. Gross gate receipts, excluding sales taxes.
2. Includes national TV, local TV, cable TV, pay-per-view and radio.
3. Includes suites, luxury seating, concessions, parking, venue
advertising and other venue events where applicable.
4. Includes revenues not shown in table, such as licensing and merchandise.
5. Includes deferred payments, bonuses, insurance, workers' compensation
and pensions.
6. Includes player costs, travel, marketing, administrative, media and
venue expenses, but excludes non-cash charges, interest expenses and
payroll taxes.
7. Total revenue less operating expenses.
8. Based on last three years' average revenues (assuming entire 1994
season had been played), venue and lease, except where otherwise
noted.
Source: Financial World