For MLB, 2009 brought money, money, moneyBy
Despite a depressed free agency market brought about ostensibly by a bad economy, Major League Baseball enjoyed a banner year for revenue in 2009. According to Maury Brown at the Biz of Baseball, the 30 clubs drew in a combined $6.6 billion in revenue last year, a 1.5 percent increase over 2008. Brown believes that higher ticket prices charged at both new Yankee Stadium and Citi Field are partially responsible for the increase, and MLB retained its spot on the money-making scale right behind football. It will be interesting to see how these figures play out when the Collective Bargaining Agreement expires in late 2011. The money is out there, but many owners are trying to invest more wisely than in the past.