Braves Real Estate Profit Softens Blow of Pre-Labor Fight Losses

The Atlanta Braves reported their third-quarter financial results on Wednesday morning that showed total revenue of $325 million for the three months, up 4% from the prior year.

The results offer something for both sides in baseball’s labor fight, which is set to ramp up as the current collective bargaining agreement expires Dec. 1.

The Braves posted an overall operating loss of $51 million for the nine months through Sept. 30. The team also reports an adjusted operating income before deducting depreciation and amortization as well as stock-based compensation—$34.8 million profit for the nine months, per this report.

The adjusted profit had the Braves losing money on baseball (-$12.5 million), versus a profit of $62.5 million in the prior-year period; the team attributed the swing mainly to increased player costs. In upcoming labor talks, the league office can highlight the Braves losing money on baseball, despite making the playoffs and being one of the league’s most popular teams, drawing 2.8 million fans in 2026—No. 10 in MLB—and posting strong media revenue on its new BravesVision product after its RSN deal with Main Street Advisors ended.

The union has long contended that teams can generate revenue and profits outside of the MLB club through mixed-use developments, RSN ownership and other avenues. The Braves are Exhibit A—the Battery development has been a cash cow for the Braves. Its $55.8 million profit for the first nine months of 2026 came on revenue of $84 million, which was up 19% in 2026.

Overall, the Braves had baseball event revenue of $374 million in the first nine months, up 5%. Media revenue declined 8% to $151.5 million, largely driven by the transition to BravesVision. Retail and licensing surged 21% to $48.7 million.

Source: www.sportico.com — article syndicated from the publisher’s feed; all rights remain with the original publisher.