Braves’ revenue up $36M last year, Liberty reports
The Braves’ revenue increased by $36 million last year, a 16-percent boost over the previous year, team owner Liberty Media disclosed Friday.
The team’s adjusted operating income (revenue less expenses) before depreciation and amortization also increased significantly in 2013 — by $20 million, Liberty said in a financial filing.
Liberty did not disclose the Braves’ total revenue or operating income for 2013. However, the company previously provided such figures for 2012. Adding the increases reported Friday to the 2012 figures reveals that the Braves had revenue of $261 million and operating income before depreciation and amortization of $42 million in 2013 — up from $225 million and $22 million, respectively, in 2012.
In Friday’s filing, Liberty attributed the Braves’ 2013 revenue increase to broadcast rights issues — an apparent reference to moving 45 games from Peachtree TV to Fox Sports South and SportSouth — as well as “slightly greater fan attendance and slightly higher average prices per ticket and concession spend per turnstile.” The move of the 45 games resulted in higher revenue for the Braves from that portion of the local TV deal, team officials have said.
About the Author
Tim Tucker, a long-time AJC sports reporter, often writes about the business side of the games. He also had stints as the AJC's Braves beat writer, UGA beat writer, sports notes columnist and executive sports editor. He was deputy managing editor of America's first all-sports newspaper, The National Sports Daily.
