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MLB debt totals $8.3B

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Major League Baseball’s 30 clubs have a combined debt load of $8.3 billion, according to Commissioner Rob Manfred.

Manfred said in an interview with Sportico that the teams would post up to $3 billion in operational losses this year.

“We are going to be at historic high levels of debt,” Manfred said, citing the impact of the coronavirus pandemic on the season.

Read more from Sportico.

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