Baseball revenue climbs above $6 billion

Friday, November 16, 2007

NAPLES, Fla. -- Baseball revenue climbed to $6.075 billion this year, and commissioner Bud Selig envisions an even rosier financial future.

"As I told the clubs today, we're on a great high here," Selig said Thursday following the conclusion of a two-day meeting in which owners discussed, among other things, ways to speed up games.

"When you look at the final numbers and you see what's happened, it's remarkable. There are times, honestly, when I have to pinch myself to make sure all of this is happening. ... Growth and revenue, growth and profitability; it's just been really, really good."

And with attendance up, and Major League Baseball also making a concerted effort to expose its product to other parts of the world, Selig is confident the game will continue the trend next season, and beyond.

"I'm putting myself on the spot here, but I'm very hopeful to draw 80 million-plus, and I think our revenues will continue to go up," Selig said of 2008, later adding that he's "very proud" of the growth.

"We started at $1.2 billion, and I can remember waking up in '93 and '94 and '95 and thinking how are we ever going to get to $2 billion? So here we are at $6 billion, 75 million. And if we just keep doing our work, stay out of controversies, keep the focus on the field, we'll get to numbers someday that will be stunning. And these are stunning."

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