Just weeks before Opening Day, MLB suspended the start of the 2020 season due to the COVID-19 epidemic. Still without a timetable for a return, with reports suggesting July is the best-case scenario, MLB reportedly stands to suffer massive financial losses depending on how long the season is postponed.
According to ticketIQ, the latest estimates project that even missing March and April would cost MLB more than $965 million in lost ticket sales. The data, which is based on secondary market value from average 2019 attendance numbers, projects substantial losses for the league based on MLB’s publicized timeline of potentially returning in May.
However, increasing reports inside the league have indicated MLB executives don’t believe baseball will return until July.