Categories: Economy

MLB: Baseball With No Fans Could Mean $640,000 Per Game Loss

The New York Yankees are looking at a shortfall of $312 million if this year’s Major League Baseball (MLB) season ends up going forward with no fans in the stadium.

Empty baseball stadiums for games played could result in a loss of $640,000 per game, the MLB said in a 12-page document called “The Economics of Playing Without Fans in Attendance.”

The Los Angeles Dodgers could see losses of $232 million, and the New York Mets aren’t far behind with a projected $214 million loss.

The organization told players their prorated salaries would contribute to the loss, as the major league players would end up with 89 percent of the revenue created. The prorated salaries were part of a deal completed March 26, stating that players would have one day of their pay taken out for each game that doesn’t go through.

The coronavirus pandemic closed down major league sports for the time being, with the obvious implication that people crowding into stadiums and sitting so close together would be an easy way to transmit or contract the coronavirus.

But now baseball teams are facing the prospect of how to go about reopening the season and how many games should be played. The MLB says fewer games, as they’d be losing more money if they played more games.

Players’ unions disagree, though, saying they’d lose less money with more games, due to the aforementioned March 26 agreement. And many teams and players have stakes in other adjacent properties like parking garages that would also add up to financial deficiency if fewer games were played.

The MLB is currently proposing a season with only 82 games for the rest of the year, with no fans admitted to the stadiums. The plan might face turbulence from unions, though, who are calling the prorated salaries a “salary cap in disguise.” The unions also plan to bring the issue of player safety from the coronavirus to the table during the upcoming talks.

Get our hottest stories delivered to your inbox.

Sign up for the Newsletter to get updates on top stories and viral hits.



Banks, corporates and even regulators now recognize the imperative to modernize — not just digitize —the infrastructures and workflows that move money and data between businesses domestically and cross-border. Together with Visa, PYMNTS invites you to a month-long series of livestreamed programs on these issues as they reshape B2B payments. Masters of modernization share insights and answer questions during a mix of intimate fireside chats and vibrant virtual roundtables.

Recent Posts

Google Unveils New Chromecast With Google TV

Google unveiled Chromecast with Google TV at its annual hardware event Wednesday (Sept. 30), the…

44 mins ago

Payroll Management Firm Papaya Global Notches $40M In Series B

Global payroll company Papaya Global has landed $40 million in a Scale Venture Partners-led funding…

1 hour ago

Zomato, Swiggy Reprimanded By Google Over In-App Payments

Food delivery apps Zomato and Swiggy have been put on notice by the Google Play…

1 hour ago

Banks Push Back On Possible Banking Charters For Big Techs Like Amazon And Facebook

A U.S. House committee this week began reviewing the idea of allowing the likes of…

2 hours ago

Memo Bank Launches Interest-Bearing Account For Businesses

Paris-based business bank Memo Bank is offering a new product three months after obtaining its…

2 hours ago

Lending Platform October Raises Funding For SMB Loans

Lending marketplace October worked with major investors and raised €258 million (close to $303 million) over the…

2 hours ago