The Cincinnati Reds are a privately-held Major League Baseball franchise. The Cincinnati Reds play their home games and hold their business operations at Great American Ball Park. Founded in 1882, the Cincinnati Reds are owned by Robert Castellini and are based in Cincinnati, Ohio.
Overview & Corporate Organization
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|Hospitality & Leisure > Sports & Sports Teams > Baseball Teams - Major League|
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Charts, Financials, and Statistics (Table Format)
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|Operating Income (Loss)||View||View||View||View||View||View||View||$18,000,000||$23,000,000||$12,000,000||$5,000,000|
|*||Cincinnati Reds fiscal year end: 10/31|
Charts, Financials, and Statistics (Graphs)
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Detailed Business Description: Cincinnati Reds
The Cincinnati Reds is a professional Major League Baseball team headquartered in the city Cincinnati, Ohio. The team was founded in 1882 as the Cincinnati Red Stockings, a professional baseball team which originated from The Cincinnati Baseball Club (founded in 1866). It is currently the second oldest major league club to have played continuously in one city. The team's hometown stadium is the Great American Ball Park, named after the Great American Insurance Group. As of 2006, the team is owned by Robert Castellini, a Cincinnati businessman.
There are three primary revenue streams which the Cincinnati Reds procure as an MLB team. They consist of television contracts, radio accounts, ticket sales and franchise licensing for merchandise sales.
Television Contracts and Radio Accounts
Television contracts and radio accounts are the primary sources of revenue for any MLB team. The games in which the Cincinnati Reds partake in are broadcasted in networks such as Fox Sports… Continue Reading →