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Liberty Media: Braves’ $16M drop in revenue offset by reduced payroll

The Braves’ worst record and lowest attendance in a quarter-century led to a sharp decline in the team’s revenue, owner Liberty Media disclosed Thursday.

But that was more than offset by reductions in player payroll and other expenses, making the Braves more profitable despite the dismal season on the field, according to the team owner.

+Liberty Media: Bravesu2019 $16M drop in revenue offset by reduced payroll photo
There were plenty of empty seats at Braves games this year. (Curtis Compton/ccompton@ajc.com)

In a filing with the U.S. Securities and Exchange Commission, Liberty Media said the Braves’ revenue dropped $16 million this year through Sept.