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Braves’ finances hit hard: 95% drop in revenue; employee pay cuts
The Atlanta Journal Constitution ^ | August 10th, 2020 | By Tim Tucker

Posted on 08/10/2020 5:55:09 PM PDT by Mariner

Braves owner Liberty Media disclosed the team’s second-quarter financial results Monday, revealing dramatic losses that underscore the impact of the coronavirus pandemic on the sports and live-events industries.

The Braves’ revenue plunged 95% in the April-through-June quarter, compared with the same period a year ago, falling from $208 million to $11 million. The team posted an operating loss before amortization and depreciation of $26 million for the quarter, compared with a profit of $62 million in the same period last year.

(Excerpt) Read more at ajc.com ...


TOPICS: History; Sports
KEYWORDS: atlanta; baseball; braves; breadandcircuses; georgia; kneelsportsjocks; revenue; sports; timtucker
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To: Mariner

Atlanta Urinal Constipation?


21 posted on 08/10/2020 6:14:02 PM PDT by Bullish (CNN is what happens when 8th graders run a cable network.)
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To: Mariner

I hope all pro sports go broke and they all have to get real jobs.


22 posted on 08/10/2020 6:14:16 PM PDT by Lurkinanloomin (Natural Born Citizens Are Born Here of Citizen Parents|Know Islam, No Peace-No Islam, Know Peace)
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To: Mariner

“But when you stack “woke”ness on top I fear this great American cultural institution is on the verge of collapse.”

I will celebrate their collapse.


23 posted on 08/10/2020 6:14:21 PM PDT by nbenyo
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To: TheZMan
"Stick to the Devil you know."
"The Wages of Sin is Death."
"If you don't work you die."

"Get woke, go broke."

24 posted on 08/10/2020 6:15:11 PM PDT by Right_Wing_Madman
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To: Mariner

We still have younger relatives and friends sending me/us Giant scores.

I keep sending them this:

I didn’t even notice they (SF Giants) started the season.

Aubrey Huff, President Trump and Mike Dikta explain, why they and I will not be watching any pro sports this season.

Aubrey Huff reacts to San Francisco Giants players kneeling during anthem: ‘I’m Pro America’!

‘I’m proud to not be invited to the San Francisco Giants 10 year World Series reunion’

Huff also responded to a tweet sent out by the Giants.

“#All Lives Matter,” Huff wrote.

https://www.foxnews.com/sports/aubrey-huff-san-francisco-giants-players-kneeling-anthem

TRUMP READY FOR LIVE SPORTS BUT SAYS HE WON’T TUNE IN IF PLAYERS KNEEL DURING NATIONAL ANTHEM: ‘GAME IS OVER FOR ME’!

https://i.postimg.cc/MpT9wfhR/MLB-mound.jpg

Mike Ditka said he wouldn’t change how he felt about this issue:,

“You don’t protest against the flag and you don’t protest against this country who’s given you the opportunities to make a living playing a sport that you never thought would happen,” Ditka told TMZ. “So, I don’t want to hear all the crap.”

PS: Kneeling is a particularly inappropriate and stupid way to protest the death of George Floyd.


25 posted on 08/10/2020 6:15:12 PM PDT by Grampa Dave (Does anyone know of any Democrat, who does the right thing for America or for Americans today?)
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To: Mariner

Anti-Americanism has ruined pro sports and I doubt the industry will heal without real reform.


26 posted on 08/10/2020 6:17:01 PM PDT by jacknhoo (Luke 12:51; Think ye, that I am come to give peace on earth? I tell you, no; but separation.)
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To: Mariner

Was looking forward to BB. Then they all took a knee. Well...bye.


27 posted on 08/10/2020 6:17:02 PM PDT by Nuc 1.1 (Liberals aren't Patriots. Remember 1789!)
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To: Mariner
At work today, my management announced some ideas to make Fridays more fun with various themes. The one that left me a cold feeling was the one about "athletes vs. Mathletes." The idea is dressing up in the gear of one's favorite professional team or as one's favorite scientist or mathematician.

I don't know how I can pass as Johannes Kepler. And I don't know how to find a suitably priced jersey of the Australian Football League's West Coast Eagles. I am in this fix because I have put away my Steelers gear and my Cubs shirts and caps.

I don't want to have to explain that I loathe the NFL, NBA, and MLB because they now support terrorists.

28 posted on 08/10/2020 6:19:27 PM PDT by Lysandru (Fnord)
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To: Mariner
Now the numbers match the previously unspoken narrative.

Major League Baseball has been in decline for decades with some teams faring far worse than others. Their pandering to special interests, including Communist Black Lives MatterTM, was just an attempt to extract as much money out of the dying sport.

As goes television like vaudeville, so goes major league sports.

29 posted on 08/10/2020 6:22:57 PM PDT by T.B. Yoits
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To: Mariner

Bend the knee to BLM and face the consequences


30 posted on 08/10/2020 6:27:23 PM PDT by MountainWalker
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To: Mariner

...........if this is happening to the Braves it’s happening to other teams. I would suggest it will take 6 or so teams to file for bankruptcy before owners get the message. Just so they read it loud and clear, I say, and Trump agrees, that if you disrespect that flag IN ANY WAY you can forget about tens of millions in revenue. That’s the price for being WOKE!

I would like to say more but my momma taught me not to say those kinds of things.


31 posted on 08/10/2020 6:32:25 PM PDT by Cen-Tejas
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To: Secret Agent Man

I’m with you. F em. Go broke. Kneel and go broke. F you mlb.


32 posted on 08/10/2020 6:32:25 PM PDT by albie
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To: Palio di Siena
Big tax write off for them anyway.

When you have operating losses you only get a deduction. That means you only save in taxes a percentage of your losses, the percentage being equal to whatever your tax rate is for the period in which the loss is taken. So if you are in a bracket where you pay state and federal taxes at a rate of 40%, you only get 40 cents back for every dollar of your loss. In other words, even after the tax deduction you are still out 60 cents.

33 posted on 08/10/2020 6:35:23 PM PDT by KevinB (Quite literally, whatever the Left touches it ruins.)
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To: Mariner

The drop in revenue is not limited to the park. The restaurants and bars around the parks are not getting any action so the municipalities are feeling the pain


34 posted on 08/10/2020 6:40:28 PM PDT by outofsalt (If history teaches us anything, it's that history rarely teaches anything.)
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To: Secret Agent Man

The NFL too!


35 posted on 08/10/2020 6:44:01 PM PDT by ducttape45 ("Righteousness exalteth a nation; but sin is a reproach to any people." Proverbs 14:34)
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To: Mariner

Atlanta Urinal and Constipation


36 posted on 08/10/2020 6:44:42 PM PDT by dixie1202
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To: Mariner
They should have stayed in Boston. 😀 ..
37 posted on 08/10/2020 6:45:30 PM PDT by Mears (.)
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To: Mariner

Grotesqueball.

Starting on second base in extra innings.
Father of lying. Not real baseball.


38 posted on 08/10/2020 6:47:00 PM PDT by Varsity Flight (QE 2020. All Quiet on the Western Front)
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To: Mariner

Major League BLM can go f*** itself.


39 posted on 08/10/2020 6:47:01 PM PDT by cmj328 (We live here.)
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To: Mariner

Let Black lives matter pay their millions salaries. They can yell social justice all they want. I will not be watching.


40 posted on 08/10/2020 7:09:44 PM PDT by richardtavor
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