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In the 1910s it would cost you $585,000 to buy a Major League Baseball franchise. In the 2010s, it would cost you over $1 billion. The value that is placed on entertainment has grown exponentially over time and sports are at their core, entertainment. Regardless of public perception that baseball is a thing of the past, the sport keeps making money, pulling in $10.4 billion in revenue for 2019. How did it get there? We break it down.
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