BONUS: The Atlanta Braves bought an office park during their losing streak? | Atlanta Braves Podcast
Join host Lindsay Crosby on a special bonus edition of the Braves Today podcast as he delves into the financial workings of the Atlanta Braves. Frustrations have arisen among fans due to the Braves’ recent purchase of an office complex amidst a losing streak. Lindsay explores the structure of Atlanta Braves Holdings, breaking down their 2024 financials, including revenue from baseball events, broadcasting, merchandising, and the mixed-use development of The Battery Atlanta. With insights from official SEC filings, this episode provides a high-level overview of where the Braves make and spend their money.
00:52 Details of the Office Complex Purchase
02:11 Clarifications and Financial Background
03:27 Public Financial Disclosures of the Braves
07:00 Structure of Atlanta Braves Holdings
08:47 Breakdown of Baseball Revenue
18:44 Breakdown of Mixed-Use Development Revenue
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4 comments
Really enjoyed the bonus episode. Didn't know you had a financial background but it's clear you understand what you're reading 🙂
From the press release:
"The acquisition of Pennant Park furthers our strategic goals of delivering value to our fans and shareholders and continues our innovative spirit in taking professional sports well beyond traditional boundaries. As the surrounding area of Truist Park and The Battery Atlanta continues to grow, we will continue to invest in opportunities that advance our core mission of delivering the best sports and entertainment experiences." A bunch of marketing fluff except the "delivering value to … our shareholders" part – I'm sure they're dead serious about that part
Oh! I have an office complex Ill trade them for Ronald Acuña. Ill just start my own Atlanta Braves. I got a farm they can get fro Spencer Strider too. That should be a good start.
Good work When i need more braves videos i will go to you
WOW !