With sports business picking up steam heading into the final year of collective-bargaining agreements for the Big-4 North American sports leagues, there have been a lot of questions and commentary in the media.
The mischaracterization that MLBâ€™s Competitive Balance Tax (or, as itâ€™s more commonly known as, the Luxury Tax) monies is part of revenue-sharing, along with the aforementioned questions and commentary has led me to start a â€śSports Labor 101â€ť series of articles. These will be short and sweet posts that run on occasion. Todayâ€™s first installment is on ticket revenues in MLB.
Is There A Gate Split in MLB?
It used to be that the visiting team would get a percentage of the gate revenues, but when revenue-sharing was put in place starting in 1997, it was dissolved.
There is no longer a gate split in Major League Baseball. Mark it down, fans and media.
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Maury Brown is the Founder and President of the Business of Sports Network, which includes The Biz of Baseball, The Biz of Football, The Biz of Basketball and The Biz of Hockey. He is available for hire or freelance. Brown's full bio is here. He looks forward to your comments via email and can be contacted through the Business of Sports Network.
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