Full team financials have never been published - they are privately held companies. As I said, that is what the players union has been asking for forever - every time a new contract is needed.
1) Teams say "we are losing money".
2) MLBPA says "prove it".
3) Teams refuse to share audited financials.
4) Prolonged work stoppage
5) Lather, Rinse, Repeat.
You really don't pay attention. How is a supposed baseball fan unaware of this?
Um you said privately held companies...
1) Kid starts playing baseball because he "loves the game"
2) Kid is really good at baseball and decides to possibly make a career of it.
3) Kid's peers are making between $20,000 - $100,000 per year doing whatever they do
4) Kid gets drafted - if high enough gets a big signing bonus
5) Refer back to #2
6) Kid progresses gets to the majors - major league minimum $550,000, possibly signs endorsement deals making much more.
7) Refer back to #2
8) Player hits arbitration, minimum salary for arb eligible players well over $1 million per year.
9) In 2020, the AVERAGE major league baseball salary was over $4 million
10) Refer back to #2
I just cannot believe in 2021, with all we've discussed about the lack of interest in baseball, how anyone associate with baseball would be for a work stoppage?? The whole concept of millionaires fighting billionaires is what turns the average fan off.