Red Sox president Sam Kennedy raised eyebrows last year by claiming the team lost out on more than $100 million by the end of the 2020 season due to lack of in-person attendance during the COVID-19 pandemic.
A new report suggests those claims weren’t an exaggeration.
A study by Penn National Gaming estimated that the Red Sox lost more than $175.7 million in ticket revenue alone last season without fans in the stands in 2020. That number ranks higher than all but two teams in all of Major League Baseball — the Los Angeles Dodgers ($183.