Major League Baseball Sees Record $9 Billion In Revenues For 2014

Record 9 Billion in Revenues

This 2014 year the MLB can almost look back and say some very good news. The league will see approximately $9 billion in gross revenues for the 2014 calendar year with this being a new record. There is still more calculations that need to be done with that amount that could bring that number up just a little. But that number is up from being $8 billion just last year, that is an increase of 13 percent. The reason for the increase is that the league saw revenues double form new broadcast deals with their national network partners like FOX, ESPN, and TBS that summed up of an additional $788.3 million a year.


That is a lot of fricken money! The MLB is sitting pretty right now. With a one billion 13% gross revenue increase in just one year, you know someone is doing something right there. I don't think they should stop there they should try to expand the MLB into different countries just like how the NFL is trying to do that could possible bring in even more money.   

Team Valuations

Team Valuations – Milwaukee/Alabama edition

The bucks last season were announced as the worst team in the NBA with a record of 15-67. They out beat the 76ers by 4 games witch is still really bad. But they are still making a crazy amount of 550 million. If you think about it though that isn't a huge amount for a sports team. I believe that it is because they aren't good so ticket sales are not where they should be.


But in college sports the Alabama crimson tide was making more revenue then most pro teams. This shows that college is becoming more and more popular and in future years I believe that the NCAA can become the biggest business in the whole USA. If you think about it that is crazy the NCAA is suppose to be there for students to get a good education and play a sport in the process. But they are making it into a billion dollar company.

In Minnesota, all the Stadiums are Above Average

Bigger and nicer Stadiums

The Vikings have been awarded as the home of super bowl 2018. They beat out the Saints and the Colts for the home. The Vikings stadium has become a much better stadium and football atmosphere on the past few years. But this selection was seen as an upset witch I believe because the Colts and Saints both have top notch stadiums.


They reason they were picked is because they are almost like forced to upgrade there facilities. ITs kind of like the Olympic thing in countries. It helps a program get a better name so they can be looked at as a high end program. The only down fall of this location is it is very cold there so it might be a little bit hard to sell more tickets because not everybody is willing to sit in 0 degree weather.

Brazil and Tourism During The 2014 World Cup- The Sports Economist

World Cup 2014

The world cup brought in over 1 million viewers of the sport to Brazil. This brought in so much money from tourism. When a country is in need of a economic boost they try to hold a major event like the world cup or the Olympics When the Olympics are held in a bad economic country they are force to create new stores and stadiums. So this will bring in a lot of money to that country and help them and hopefully give them a economic boost. But there is also another side to it when all those people leave because that big event is over those shops that were opened don't have the same business anymore. So might eventually shut down and go out of business.




This happens when the Average revenue is below a companies average variable cost. That is what makes a company shut down and this happens a lot, because their business isn't booming anymore so they lower their prices and don't make the money they need to.

The City That Said No To Baseball- The Sports Economist

City of No Baseball

In the late 1990's when the brewers left their old stadium in Chandler, Arizona for Maryvale Park in Phoenix. The people were afraid that it would be a big economic lost for the city.  But there wasn't It didn't drop at all because the stadium was a newer stadium and more seats. The only factor that really came in play was the location change. So the fans that lived near the stadium had to travel to the new location. But that is a small factor.




In my opinion this location change was a very smart move. Without the change there team couldn't expand and make more money. When a team changes location the income will eventually start to boom because of the better facilities and more seats. Just like in Dallas when they built there new stadium more people wanted to go there and watch a game.


So if you are planning on owning a team up grade because the income will come in over time.      

Record 5.6 Million Viewers For 2014 NL Wild Card Game On ESPN- Forbes

Record 5.6 million viewers a turn around for ESPN?

This article is about the game between the Giants and the pirates with there NL wild card game it brought in 5.6 million viewers. This is an all time high for ESPN even though the giants killed the pirates 8-0 it still brought in this number.


It makes me wonder if this number could be broken in any up coming games like the world series. Will the world series reach 6 million views? I hope it does this shows that more and more people are starting to follow the game and this can bring in more money for the sports world.

Sports Economics: NFL, MLB, NHL, and the Effects of the Depression- Bleacher Buzz

Sports Economics and effects of the depression

This article is talking about the growth of sports and how they really started to grow. It was talking about how baseball went from just a back yard game to Ruth, Gehrig, Mack, and John McGraw.  In the 1929, a lot changed with sports.  As the economics of sports changed, many found themselves deciding between food and sports and food won.  Teams that had been kings of yesteryear fell to pieces or bankruptcy, as owners found all their other businesses collapsing.

In this article it also talks about how the NFL grew so much. The NFL went from a 12 team league to eight. Now it went to 32 it just shows how much the economy can change. More people are becoming more and more into investing in sports. This is also why the players are getting paid more and more now of days. 




In my opinion sports are the biggest thing  to the people of America. There are more and more people investing and trying to own sports teams. Because they will become known very well and make those huge bucks.

Why Nike Should Let Kevin Durant Leave For Under Armour-Forbes

                  Why Nike Should Let Kevin Durant Leave For Under Armour- Forbes (U.S.)

 Kevin Durant leave for Under Armour?

This article from Forbes was explaining how Kevin Durant was offered a contract from Under Armour between $265 million and $285 million over 10 years. His contract with Nike expires this year he was signed with Nike since he came out of college in 2007.  But Nike isn't sure if they should renew the contract because they will have to raise the contract and then that means more sales of his signature shoes will need to be sold.

This has a lot to do with a business and how the business could make or lost a lot of money. This is a big economic opportunity for both Nike and Kevin Durant. If he sings with Nike again he will be coming out with new shoes or he could be with Under Armour and release new shoes with them.

In my opinion I believe that Nike should stay with him because he did bring in 175 million dollars worth of sales just from his shoes in 2013.