Image credit: USA TODAY Sports
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Atlanta Braves Holdings, a public business company that owns the Braves and owns its real estate, announced earnings on Wednesday, September 30. When I commented on these public reviews of the Braves, which include details on the company’s overall finances, it provides us with an insight into the finances of baseball, if from the perspective of one of the most fortunate teams.
By the fourth quarter, the Braves had clinched the National League East and played two home games in the Wild Card series against the Phillies. (The financial contribution for the third Wild Card game and two home games in the Division Series against the Dodgers, which actually took place in October, will be counted in the fourth quarter report.) Additionally, the Braves will have 42 home games in the fourth quarter compared to 41 in the third quarter of 2025. Home games, of course, generate ticket, concession, and merchandise sales that don’t happen on the road. Attendance during Championship Season games in the fourth quarter averaged 26,998 compared to 23,786 last year.
Despite this, the Braves’ baseball-related income for the quarter, $295.5 million, was only 4% from last year. The reason for this apparent lack of growth is the group’s income group, up to 4%. The agency attributed the drop to newly created subsidiary BravesVision, which received broadcasts and streaming of Braves games streamed from the FanDuel Sports Network. In his conference call with investors, Braves management explained that he expects revenue and profit from BravesVision to match that of his former partner, but it will be implemented over a full year rather than just a period of time. We can guess that the revenues will be higher in the fourth and fourth quarter than in 2025.