I am writing a paper for a Sports Law class on Baseballs' exemption from the Anti trust laws. I am having difficulty finding how much profit MLB was making back then (around 1922). Does this information exist or am I just wasting my time looking. A source would be great also if you know of one since I need to cite. Thanks!
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Historical Baseball Profits
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wishful thinking i'd say - but i would love to see the figures - not sure that a private company had to disclose such and the vigilant reporting in this area was years away - i do know that the senators for one paid some nice dividends in the 1920s - $20,000 in 1922, $80,000 in 1924 and 1925 - when they didn't pay dividends it was usually because of park repairs or high talent purchase expenses ($154,500 in 1929 for example) or heavy spring training expenses (exceeding any revenue generated during spring training games) (for example in 1924 spring training expenses = $21,744.32 but the senators only recovered $10,131.02 in revenue) - the money was flowing in the 1920s - best thing to do is use proquest which provides access to newspapers and type in every search word you can think of - i bet you could find scattered info here and there - most of my info provided is through various editions of the washington post
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Take a look at Doug Pappas' site. It has data stretching back that far on profits. In the 50's after the popularity of the Kefauver hearings, everything under the sun got a hearing in front of congress. Including baseball, and in those hearing they prepared documents showing revenue and profit for baseball teams going back decades. For instance I recall that the White Sox had a profit of $155,000 in 1920.
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