Major League Baseball had a very good financial year in 2015, setting a new revenue record with nearly $9.5 billion.
According to Maury Brown of Forbes, exact figures were not released by MLB, but the sport saw a gross revenue increase for the 13th consecutive year with an uptick of $500 million from the previous year.
Brown cited numerous factors as reasons for the revenue increase, including media rights, merchandise sales in excess of $3 billion and new sponsorship deals with various companies.
Television money has been the big story in all of sports over the last few years, including MLB.