LA Dodgers Lose $27 Million in Revenue
August 9, 2011
Los Angeles Dodgers poor attendances may have cost the club $27 million in revenue by the end of regular season, according to a Los Angeles Times report.
The Dodgers are one of the most storied franchise’s in the MLB but have been plagued with problems on and off the field this season. Dodgers owner Frank McCourt has had financial problems while the team are sub-500 in the bottom two of the West Division of the National League.
Paid attendance has fallen by nearly 8,000 fans per game in 2011 at Dodger Stadium, the biggest drop-off of any of MLB’s 30 franchises, the Times. Compared to the Dodgers’ $286 million in total revenues in 2009 — tickets, parking and concessions — this year the team is on pace for a reduction of a 9.4 percent or more, according to the newspaper.