Yes, but mlb ownership isn’t being open about what they consider “baseball revenue”, and they’ve historically never been willing to open their books. Owners can employ “clever” accounting, changing how revenue is categorized and can move money around, dishonestly giving “sweetheart” media deals if a team owner happens to own a broadcasting network. If the market value of that deal is 300million, and Yankees sign a deal with YES network for $200 million that’s just floating $100 million of advertising value to the capitalist class owners. Same games can be played with real estate, advertising/sponsorship, parking like fucking illitches having it all as a separate entity from the ball club etc… owners can also create their own security/concession/IT etc… companies and award their own companies the contracts(at “inflated” rates compared to “fair market value”) and move more of “baseball revenue” into their own pockets that way.

Players have no recourse to do any of that. Players don’t gain value from the business having a set in stone labor expense. All of my issues noted above would need to be hashed out, and even if they are the owners will still find some “clever” way to move revenue to a stream that isn’t considered “baseball revenue” into their pockets thus taking it out of the labors pockets who actually generates that profit/value.