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Revenue Sharing Newsbeat

Monday, September 11, 2023

A’s Financial Details Reveal John Fisher’s Claim Of $40 Million Losses For 2023

While attendance is projected to be up for 2023, ticket and suite revenue is projected to be down more than $5 million compared to 2022. This likely comes in two forms: the number of season ticket holders or suite holders has dropped in favor of lower ticket sales. The A’s also donated the entire gate from the June 13 game against the Rays – one of the “reverse boycott” games – to charity.

To add, the A’s sponsorship revenue is projected to take a hit dropping from nearly $10 million in 2022 to $6 million in 2023.

On the plus side, local media rights from their deal with NBC Sports California will be $67.988 million for 2023, up from $66.275 million.

When accounting for all local operating revenue streams the A’s are forecast to reach $114.561 million compared to $121.635 in 2022….

But what’s old is now new again: revenue sharing. The financial information shows the A’s being phased into it with $9.210 million for 2022 and $27.075 million for 2023. They will receive more still in 2024 when their disqualification rate drops to 25%. All told, from 2017 to 2023 projected the A’s have received $100.503 million in revenue sharing which is remarkable given they actually paid $26,000 in 2020 as part of the pandemic, and received none in 2021.

When accounting for local and league revenues – including revenue sharing – the A’s are projected to see an increase in total operating revenue from $191.845 million in 2022 to $200.626 million for 2023.

RoyalsRetro (AG#1F) Posted: September 11, 2023 at 10:24 AM | 12 comment(s)
  Beats: athletics, revenue sharing



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