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Report: Phillies actually lost $145 million during 2020

Phillies Twitter spent Saturday afternoon discussing an organizational meeting that may not have actually happened.

Citizens Bank Park has been home to the Phillies since 2004. (Tim Kelly/Phillies Nation)

Rob Maadi of The Associated Press spoke to “a person familiar with the Philadelphia Phillies’ finances,” who told him that the Phillies actually lost $145 million during the pandemic-shortened 2020 season.

Bill Madden of The New York Daily News reported earlier in the day that Phillies managing partner John Middleton told the team’s baseball operations department that the team lost $2 billion in 2020, which would likely preclude them from being able to re-sign J.