The Atlanta Braves could have an operating loss (earnings before interest, taxes, depreciation and amortization) of around $60 million this year, according to a report today from John Tinker of G.research, LLC.
The report assumes the baseball season due to the Coronavirus would start on the July 4 weekend and is reduced to 80 regular season games (40 home games) and spectators for half the games, and, perhaps, an extended postseason.
Tinker reckons the Braves revenue would drops to $174 million from $438 million in 2019, as attendance drops to 630,000 from last year’s 2.65 million. The drop in attendance would cut revenue from gate and concessions to about $55 million in 2020 from $202 million the prior year, and halve the broadcast and sponsor revenue to $118 million from $236 million.