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MLB lost $3 billion in 2020

Major League Baseball lost a lot of revenue in 2020 because the season was shortened and no fans attended games.

How much? That’s been a subject of discussion throughout this season, and during the news conference in which White Sox general manager Rick Hahn announced that manager Rick Renteria would be moving on, he dropped this almost casually:

MLB will have lost in the vicinity of $3 billion this year, Rick Hahn said.

— Jared Wyllys (@jwyllys) October 12, 2020

Well. You can believe that or don’t, but I’ll tell you right now that I do, and here are a few reasons.