The Atlanta Braves made over $100 million in profit during their World Series championship season of 2021, according to public filings from the team's parent company.
The Braves, who won their first World Series title since the strike-shortened campaign of 1995, turned a profit of about $104 million from gross revenues of about $568 million last season, the filings showed.
The boom in business came after the Braves reported losses of $53 million 2020, when fans weren't permitted into ballparks due to the pandemic. The 2021 season saw limitations on fan attendance eased as the season progressed.
The figures come from earning reports released by parent company Liberty Media, which also has ownership stakes in SiriusXM and Formula One racing.
The filings were released this week as part of standard quarterly earnings reports from all publicly traded companies.
On a Friday conference call, Braves CEO Greg Maffei said the team had sold more season tickets for the upcoming season in over 20 years.
The encouraging earnings report comes amid the ongoing MLB lockout, now approaching two months in duration since it was initiated in late December.
The league's owners and the MLB Players Association have been engaged in talks all week, and were expected to continue at least through Feb. 28.
On Wednesday, MLB reiterated that the regular season would not start on time if a deal on a new collective bargaining agreement was not reached by the end of February.
The sides were said to be at an impasse over the owners' proposed competitive-balance tax, which would function something like a soft salary cap. MLB has had a so-called luxury tax since at least 1997.
Braves common stock is traded on the Nasdaq exchange under the Series A code BATRA and Series C code BATRK.
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