posted by SportsAndLady
thE OwNeRS DonT HaVE aN ApPeTiTE tO PlaY tHE SeaSon
LOL indeed. $4B+ in lost revenues from gate receipts alone and it doesn't take a rocket scientist [but perhaps someone with a basic understanding of accounting and sunk costs] to understand they will lose MORE money each game they play without fans. The owners voted to propose a 50/50 revenue split, which is to say they do have limits on what kind of losses they will accept and don't appear prepared to put on a season unless players take a pay cut.
https://www.usatoday.com/story/sports/mlb/2020/05/16/major-league-baseball-revenue-loss-report/5207671002/
"Teams say the proposed method of salvaging a season delayed by the coronavirus pandemic would still cause a $4 billion loss and would give major league players 89% of revenue....They contend they lose more money with each additional game played. The players’ union, however, believes clubs would lose less money with more games...."
" Now that plans have been formulated to possibly start the season in early July in disinfected stadiums with no gate revenue, at least at the start, MLB says the current economics are not feasible. Players have said they already made a deal and see no need for change. "