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Mexican Baseball League Teams Boost Financial Health
๐Ÿ‡ฒ๐Ÿ‡ฝ Mexico /Sports

Mexican Baseball League Teams Boost Financial Health

From El Universal · () Spanish

Translated from Spanish, summarized and contextualized by DistantNews.

At a glance

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  • The Mexican Baseball League has improved its financial sustainability, with a significant majority of teams now operating in the black.
  • League president Horacio de la Vega attributes this success to bundled broadcast rights, improved fan experience at stadiums, and the development of young players.
  • The league's competitiveness has increased, attracting high-caliber players and strengthening its business model.

Horacio de la Vega, president of the Mexican Baseball League, has steered the circuit toward financial stability in his nearly seven years at the helm. He reports that a substantial majority of teams, potentially up to 80 percent, now operate with positive financial results, a significant improvement from a league once plagued by teams working at a deficit.

more than 60, 70, maybe up to 80 percent could reach [to work with black numbers].

โ€” Horacio de la VegaLeague president Horacio de la Vega discusses the improved financial health of the Mexican Baseball League.

De la Vega acknowledged that some teams face challenges due to their locations, which do not foster a robust and stable economy. He specifically mentioned teams in "plazas that do not help much for the development of a much more integral and stable economy," citing examples beyond the most prominent franchises like Diablos, Sultanes, Toros, Leรณn, and Yucatรกn.

There are teams that are in places that do not help much for the development of a much more integral and stable economy.

โ€” Horacio de la VegaDe la Vega explains the challenges some teams face due to their market locations.

The league's successful business model, according to De la Vega, rests on three pillars: packaging broadcast rights for commercialization, creating appealing stadium experiences for fans, and nurturing young talent. He proudly stated that the collaboration between the league and its teams has fostered greater stability, making franchises more profitable despite intense competition.

The practice that exists between the League and the teams has created a system of much more stability than before and that has caused the franchises to be more profitable, although the competition is fierce.

โ€” Horacio de la VegaDe la Vega highlights the league's improved stability and profitability.

The increased competitiveness, evidenced by the recruitment of expensive star players, has transformed the league's dynamics and financial balances. De la Vega sees this as a positive development for baseball in Mexico, reflecting the league's current standing.

For the good of baseball, some super players have been brought in who must not be cheap and that changes the nuances of the final balances of the teams, but it has to do with the competitiveness that distinguishes the Mexican League today.

โ€” Horacio de la VegaDe la Vega comments on the impact of high-profile player acquisitions on the league's competitiveness and finances.
DistantNews Editorial

Originally published by El Universal in Spanish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.