This article breaks down the Atlanta Braves’ 2025 financial results. It highlights revenue growth, the Battery real-estate development, and the team’s evolving media strategy as it braces for 2026 and beyond.
It also covers payroll plans, on-field prospects, and potential tax implications that could reshape the franchise’s economics.
Revenue growth and OIBDA highlights
The Braves reported total revenues of $732.5 million for 2025, an 11 percent uptick from 2024. The baseball operations segment brought in $635 million, up 7 percent, showing the on-field business still drives the core, even with some performance worries.
The Battery — the team’s mixed-use real-estate development next to the ballpark — posted $97 million, a 45 percent jump. Battery tenants reported roughly $137 million in annual sales across about 30 businesses.
The club called 2025 a record year for the development. Still, the Braves posted an operating loss of about $14 million, a smaller hit than the roughly $40 million loss the year before, thanks mostly to a $30 million write-down tied to ending the local TV deal with Main Street Sports Group.
On an OIBDA basis (operating income before depreciation and amortization), the franchise generated about $108 million in 2025, a 172 percent jump from roughly $40 million in 2024. The baseball side contributed $51 million in OIBDA, up more than $44 million, reflecting improved efficiency and controllable costs in field and front office operations.
Breakdown of the media and broadcast strategy
- Broadcast revenue rose to about $189 million in 2025, up from $166 million in 2024.
- In 2026, the Braves will take production and distribution of telecasts in-house with a new initiative called “BravesVision,” while MLB will handle in-market streaming.
- The club was one of nine teams previously partnered with Main Street Sports Group; after that company’s financial troubles, most teams shifted to MLB for broadcasts, but the Braves chose to run their own operation to “maximize reach and availability” and protect economics.
Team executives warned that more granular TV revenue details could show up in financial reports as soon as Q2, now that broadcasts are internalized. BravesVision’s future isn’t exactly set in stone, as MLB keeps talking about bringing local rights together for national TV deals.
Commissioner Rob Manfred has pushed for league access to local rights, hoping to bundle games nationally for future TV packages. The Braves say owners are still hashing out this idea, so who knows where it’ll land.
Payroll outlook and on-field prospects
The Braves’ payroll for the upcoming season is projected to approach $260 million, up more than $20 million from 2025. That increase comes even as the club faces questions about its pitching rotation after finishing 76-86 in 2024 and missing the playoffs.
There are high expectations for added depth and upside on the mound in 2026. Amid broader regulatory changes, the team faces potential tax impacts that could cost the publicly traded Braves about $19 million starting next year by limiting deductions on top-paid employees.
The club is lobbying for exclusion and is keeping a close eye on the issue. The tax environment could influence both payroll strategy and incentives for executive compensation.
What to watch in 2026 on the field and in the accounting books
- Payroll trends and the durability of the rotation as the team searches for a new competitive window.
- Whether BravesVision turns into a longer-term, league-wide revenue stream or just stays a pilot program.
- Regulatory changes around tax deductions that could impact net income and investor sentiment.
Battery development as a growth engine
The Braves’ Battery real-estate project isn’t just about on-field play. It’s become a strategic growth engine, helping the team diversify revenue and carve out a huge spot in their overall economics.
The 2025 results show how the Battery’s mix of retail, office, and entertainment options keeps the franchise steady, even when baseball revenues take a dip. That kind of resilience is tough to ignore.
In 2025, the Battery hit a record year for development. The franchise really leaned into a multi-use model that goes way beyond the ballpark, bringing in steady income from different angles.
Looking ahead, the team will probably keep adding new tenants and offerings. There’s always room for tweaks to the complex, depending on what the market and fans want most.
Here is the source article for this story: Atlanta Braves report surging revenue despite losing season
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