Quote:
Originally posted by Rich Ives
They get about 1.6M per year for the TV rights. It allowed them to build a second stadium, double the size of the international grove, and double the number of teams they bring to Williamsport for the LLWS. LL pays all the transportation, lodging, and food costs for the teams in Williamsport. The teams get dorms and meals at regionals too.
That stuff isn't cheap.
LL is a not-for profit. They have to file financial reports that are available to the public. There aren't any stockholders, let alone stockholders getting rich. The "boss" gets about $150K per year - chump change in the CEO world. LL has about 100 paid employees world-wide. The rest of the work is done by volunteers.
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[Edited by Rich Ives on Aug 15th, 2005 at 11:57 AM]
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Rich, if LL is paying for all of the travel expenses, then why do I keep hearing on all of my local news casts that a local bank is taking donations to help send the team from my area to PA?