The chief executive of Braves owner Liberty Media alluded briefly to the scandal enveloping the team during the company’s quarterly conference call with Wall Street analysts Thursday.
“We are currently working through the process of hiring a new general manager,” Liberty Media President and CEO Greg Maffei said, “and there is an MLB investigation into certain alleged violations with the Braves, which is ongoing.
We won’t be commenting any further on that investigation until it is complete,” Maffei said.
The conference call came several hours after Liberty revealed its third-quarter financial results, which showed a 70-percent increase in Braves revenue.
So Liberty is reporting a 70% increase in sales. Does that mean payroll is on the rise?