Baseball’s Minor Leagues Cancel 2020 Seasons
NEW YORK (AP) — Baseball’s minor leagues canceled their seasons Tuesday because of the coronavirus pandemic, and the head of their governing body said more than half of the 160 teams were in danger of failing without government assistance or private equity injections.
The National Association of Professional Baseball Leagues, the minor league governing body, made the long-expected announcement. National Association president Pat O’Conner says the leagues “don’t have national TV revenues.” O’Conner estimated 85-90% of revenue was related to ticket money, concessions, parking and ballpark advertising. The minors drew 41.5 million fans last year for 176 teams in 15 leagues, averaging 4,044 fans per game. MLB teams are planning for a 60-game regular season and most of their revenue will derive from broadcast money.