Tuesday, July 17, 2018

Trump Tax Laws causing MLB ticket slump?

Has nothing to do with people not happy with the MLB product at all. I am sure the tax laws have affected some business buying tix though.
From the NY Post
ure, the awful weather this spring and the fact that there are too many boring strikeouts and the dominance of just a few teams this season could also be reasons that fans are attending games between 5 percent and 6 percent less often in 2018 than they did last year.

But the real reason baseball is having a down year going into tonight’s All-Star Game is the fact that Trump’s tax law changes eliminated the deduction companies used to buy pricey tickets.

That, anyway, is the explanation that some accountants have for the falloff in ticket sales —although they also claim companies are making a mistake by not taking customers to games.
Read more here.

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