Baseball Money
It’s all in the POST season! – What’s the baseball post-season worth to a team?in money, that is? New research shows for each postseason win, the Philadelphia Phillies organization will receive approximately $2.5 million in revenue this year and $3.3 million in revenue next year. Each Tampa Bay win will bring in approximately $1 million this year and $1.4 million next year (since Tampa’s metro media market is smaller.)
Economists Charles Link and Dan Brown found that performing well in the postseason earns the team (and its media affiliates) much more money than a string of regular season wins. Link says, “This has important implications on player valuation and team building strategies.”
Art credit: freeimages.co.uk
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