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BATRK - Liberty Braves: Relatively Well Positioned In A Rising Salary Environment
Liberty Media Corporation Series C Liberty Braves Common Stock
Summary
MLB's winter meetings ended Thursday and the market for MLB free agents has been hot with six players signing 9 figure deals already this off-season.
Salaries for top stars have increased from $36 million per year in 2019 to over $43 million (18% inflation). Worse yet, contracts have gotten longer and total commitments are larger.
The Atlanta Braves benefit from having signed all their core players to long-term contracts and relatively low salaries.
Liberty Braves trades at roughly a 15-45% discount to precedent MLB team transactions.