St. Louis Cardinals owner Bill DeWitt Jr. is the second Major League owner in a week to say that baseball doesn\'t produce a lot of profit.
The comments come as labor negotiations between the owners and players continue on the 2020 season.
\"The industry isn\'t very profitable, to be honest,\" DeWitt said. \"And I think they [the players] understand that. They think owners are hiding profits. There\'s been a bit of distrust there.
\"It\'s a bit of a zero-sum game. They have by far the best deal of any players in any sport.\"
DeWitt echoed comments made recently by Chicago Cubs owner Tom Ricketts, who said the league doesn\'t make a lot of cash because owners put most of their revenue back into their teams.