Gadzooks! Baseball bucks could top 9 billion this season
THE ASSOCIATED PRESS | March 29,2014
BRISTOL, Conn. — Baseball Commissioner Bud Selig says the sport’s revenue could top $9 billion this year.
Major League Baseball reached $8 billion for the first time in 2013, up from less than $2 billion when Selig became acting commissioner in 1992.
“I have hopes for $9 billion. I don’t know that we’ll make that this year, but we may,” Selig said Friday during an ESPN conference call ahead of the U.S. opener Sunday night between the Los Angeles Dodgers and San Diego. “How high can it go? If this sport continues to make the progress at all levels, international and everything else ... it can go a lot higher.”
Selig also was pleased with the new drug agreement with the players’ association announced later Friday. The deal increased penalties for first and second drug-testing violations and allows an arbitrator to reduce penalties for some banned drugs if a player can prove a positive test was caused by unintentional use.
“It was kind of a lonely battle for a while,” Selig said. “I’m really pleased, and the players’ response has been terrific. We’ve come to a point that nobody could have dreamed about. I’m not telling you things are perfect, but boy, they’ve come a long, long way.”