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Monday, September 28, 2020

Dodgers News: Without Fans In Attendance, Dodgers Expected To Lose $232 Million

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Major League Baseball told the players that they would be getting a prorated salary in an 82-game season that was also contributing to an average loss of an estimated $640K per game with empty ballparks. The commissioner’s office apparently had a presentation to the union that showed these numbers.

Teams have said that the proposed method of saving the season that has already been delayed by the coronavirus pandemic is still going to cause a huge loss on the league estimated at $4 billion. That total is with players getting an 89% revenue as well. 

In detail, the league showed the estimated losses for every major league team, with the Dodgers listed at number 2 behind the New York Yankees. Realistically, the Dodgers would lose $232 million in earnings that were based on MLB projections. 

An MLB economic forecast projects the Dodgers would lose $232 million in earnings by playing the 2020 season without fans and without 50/50 revenue split.

So let’s look at where the Dodgers get their money… (according to Forbes)
$185 million is from gate receipts, which includes club suite sales. That alone comprises 33% of their total estimated revenues of over $556 million. The rest of their profits can be broken down into other in-park sources such as concessions, parking, and team store sales. 

The Dodgers have always had a huge…HUGE fan base that attended games regardless of their standings in the league. In 2019, the total regular season fans in attendance were at 49,065, and in 2018 just over 47,000 per game. In 2019 alone attendance for the whole season was at 2,526,804. Pretty sure that makes the Dodger Nation the best fans in the world.

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