On December 10, 1992, Congress held hearings about whether to continue baseball's anti-trust exemption. During those hearings, a spreadsheet was introduced into evidence showing the revenue and expense streams of major league teams. Following those hearings (the next day?), that spreadsheet was printed in the USA Today newspaper. I read it, but did not keep a copy and have been unable to find it since. But I remember two key numbers, but we must remember these are in 1992 numbers which have increased dramatically since then. The spreadsheet showed that the money each major league team receives from the national television contracts and revenues from the sale of official MLB merchandise totaled $78 million per year. Considering inflation, I'm sure that amount must be well over $100 million per year by now, with multiple national TV contracts and the increase of cost of goods. That means that every major league team starts out each season with $100 million on the books. That is before a fan buys a ticket and refreshments or pays for parking. It also does not include local tv and radio revenue or stadium advertising. A WSJ report last year showed what each fans spends at each major league ballpark. For the Mets it was about $110. So doing simple math, attendance of about 1.5 million per year results in an additional $165 million in fan-generated revenue. That combined total is $265 million. (and I'm probably missing something or being conservative) And we're told they can't exceed $150 million dollars? Really? Where is that other $115 million going? Later