The final score is in on the Braves’ 2020 financial performance, and it’s not pretty.
The Braves’ revenue declined by 63%, falling from a franchise-record $476 million in 2019 to $178 million in 2020, as a result of a shortened season played without fans in the stands, according to figures disclosed Friday by team owner Liberty Media.
The Braves had an operating loss before depreciation and amortization of $49 million last year, representing a negative swing of $103 million from a profit of $54 million in 2019, the company said.
Liberty Media said in its financial report that, of the Braves’ $178 million in 2020 revenue, $142 million came from baseball sources, down from $438 million in 2019.