Major League Baseball (MLB) is a professional sports league in North America made up of 30 teams that compete in the American League and the National League. The league generated a total of 9.03 billion U.S. dollars in revenue in 2016, an average of around 301 million U.S. dollars per team. Around one third of these revenues is generated through ticket sales. This percentage has continuously declined from almost 40 percent in 2009 to 30 percent in 2016.
The New York Yankees, the team with the highest revenue in Major League Baseball, generated around 248 million U.S. dollars of income from gate receipts alone. The Yankees are also the most valuable franchise in baseball with an estimated value of 3.7 billion U.S. dollars in 2017. Revenue from television and media rights is also an important stream of revenue for MLB. Broadcasting deals with TBS, ESPN and Fox, starting with the 2014 season, will bring in around 12.4 billion U.S. dollars in total revenue through 2021.
Due to its extensive regular season schedule (162 games per team, 2,420 games total league wide) the league has the highest total attendance amongst sports leagues worldwide.
In 2016 average attendance at regular season games was at about 30.16 thousand. The average ticket price was at 31 U.S. dollars for the 2016 season.
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