Part 3/11:
This development strategy has proven tremendously successful. The Braves reported annual revenue of $311 million, reflecting a healthy 7% year-over-year growth. Remarkably, the team's local baseball revenue—subject to revenue sharing—contributes a substantial portion of this income. However, what stands out is the 56% increase in revenue from the mixed-use development, which alone generated $27.2 million in a quarter, independent of traditional game-day income.