Selig says MLB revenue could top $9 billion
BRISTOL, Conn. (AP) — Baseball Commissioner Bud Selig says the sport’s revenue could top $9 billion this year.
Major League Baseball reached $8 billion for the first time in 2013, up from less than $2 billion when Selig became acting commissioner in 1992.
Selig also said a new drug agreement with the players’ association is imminent. The deal will increase penalties for first and second drug-testing violations but would allow an arbitrator to reduce penalties for some banned drugs if a player can prove a positive test was caused by unintentional use.