Braves’ Revenue Plunges and Formula One Hits Brakes in Liberty Media Earnings
Baseball revenue fell by fifty percent to $102 million in the three months ending Sept. 30, Atlanta Braves parent Liberty Media disclosed this morning. The current…
atlanta braves
Pro Sports Teams Haven’t Made for Good Public Companies, But SPAC Principals Remain Undeterred
Historically, the public markets have undervalued pro sports franchises. Sportico’s Brendan Coffey recently wrote about how both Liberty Braves (BATRA) and Madison…
Braves Playoff Run Unlikely To Please Owners of Rare Publicly Traded Team
Even the wave of 11 first-inning runs last night—10 of them surrendered with two outs en route to a 15-3 loss to the Los Angeles Dodgers—can’t wash away the fact that…
Pro Sports Taking Billions in Debt to Get Through Pandemic
With few fans in the stands and fewer games on TV since COVID-19 roiled sports in mid-March, the NFL, Golden State Warriors and Atlanta Braves are among the dozens of…
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