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It may be the national pastime, but Major League Baseball (MLB) is also a big business. MLB runs the game of professional baseball and oversees 30 franchises in 28 cities. Each team operates as a separate business, but each is regulated and governed by MLB. The league sets official rules, regulates team ownership, and collects licensing fees for merchandise. It also sells national broadcasting rights and distributes fees to the teams. (Regional broadcast rights are held by each franchise.) MLB was formed when the rival National and American Leagues joined together in 1903.
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Address: |
245 Park Ave., 31st Fl.
New York, NY 10167
| | Phone: | 212-931-7800 | | Fax: | 212-949-8636 |
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| Financial
Highlights | | Fiscal Year End: | October | | Revenue (2008): | 6500.00 M | | Revenue Growth (1 yr): | 6.60% |
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Key People
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Commissioner:
Allan H. (Bud) Selig
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President and COO:
Robert A. (Bob) DuPuy
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EVP Finance and CFO:
Jonathan D. Mariner
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