Good news;Braves hit revenue of over $600M….

Braves hit revenue of over $600M for first time

Ronald Acuña Jr. expected to become Braves' fifth MVP winner of Atlanta era

Financial results disclosed this week by the Braves’ publicly traded parent company, Atlanta Braves Holdings Inc., show the team “soared past” $600M in annual revenue “for the first time last year,” according to Tim Tucker of the ATLANTA JOURNAL-CONSTITUTION. The Braves generated 2023 revenue of $641M, up $52M — or 9% — from the year before. The latest results “reflect a continuation of the dramatic revenue growth the Braves have seen since their move to Truist Park.” The Braves attributed their 2023 revenue increase to a range of factors — including “ticket demand, new sponsorships and contractual rate increases in existing sponsorship and broadcasting contracts — and suggested they expect the trend to continue in 2024.” Of the $641M in 2023 revenue, the Braves attributed $582M to baseball sources and the other $59M to The Battery. The Braves said that $161M of their baseball revenue “came from broadcasting,” up from $154M in 2022. Braves Holdings said that it defines attendance as “the number of ticket holders who enter Truist Park” and said that the “average number of attendees per regular season home game” last year was 32,542. That number is “17% lower than the Braves’ announced average attendance of 39,401.” Usually, pro sports teams “publicly announce attendance as the number of tickets sold or distribute”
Atlanta Braves looking to take back series in NLDS Game 2

The Atlanta Braves manager Brian Snitker spoke about the reason for their disappointing end to the 2023 season. Braves have had a mixed start to their spring training campaign, finishing February with three wins, three losses and a tie.

During an episode of Foul Territory, Snitker criticized the league’s postseason system, specifically the five-day break given to the top seeds of both leagues

The Atlanta Braves had a fantastic regular season in the previous year, winning 104 games and qualifying for the postseason from the NL East. However, despite being the NL’s top seed, they failed to continue their winning streak and lost to their division rival, the Philadelphia Phillies, in the NLDS.

Among the several trades and signings, their most impactful acquisitions are All-Star Chris Sale from the Boston Red Sox and the signing of Reynaldo Lopez for a three-year contract to bolster the team.

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