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Leagues and Governing Bodies

BASEBALL OWNERS REPORT $700M IN LOSSES OVER PAST TWO YEARS

MLB owners lost more than $700M during the '94 and '95 seasons, according to financial data released by the Commissioner's Office to the AP. The 28 teams had operating losses of $376M in '94, and preliminary estimates show the teams lost $326M last year. As a result of the strike and the re...

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