Baseball Commissioner Bud Selig says MLB revenue could top $9 billion this year
{{#rendered}} {{/rendered}}FILE - In this Aug. 15, 2013, file photo, Baseball Commissioner Bud Selig speaks during a news conference in Cooperstown, N.Y. People familiar with the negotiations tell The Associated Press that baseball players and management hope to reach a new drug agreement this week that would increase initial penalties for muscle-building steroids and decrease suspensions for some positive tests caused by unintentional use. (AP Photo/Mike Groll, File) (The Associated Press)
Baseball Commissioner Bud Selig says the sport's revenue could top $9 billion this year.
Major League Baseball reached $8 billion for the first time in 2013, up from less than $2 billion when Selig became acting commissioner in 1992.
Selig also said a new drug agreement with the players' association is imminent. The deal will increase penalties for first and second drug-testing violations but would allow an arbitrator to reduce penalties for some banned drugs if a player can prove a positive test was caused by unintentional use.