Off The Field It S Still Hardball
The national pastime is hardly on its deathbed. Attendance remains near record levels and projected revenue this year is around $1.75 billion, almost tripled from 1984’s. Yet most of the game’s overlords forecast a fiscal reckoning. The annual take from the networks, now roughly $375 million from CBS and ESPN, could drop 33 percent next year. At the same time, player salaries are skyrocketing. Average pay in 1993 is $1 million and change....