Patrick Rishe, new director of the Sports Business Program at Olin says the Cardinals will emerge from the recent investigation into the hacking of the Houston Astros computer database unscathed financially. The case alleges that someone at the St. Louis Cardinals franchise was behind the hack.
Rishe tells the AP, ”If you look at the different sources of revenue, what’s going to be impacted?”
”Fans are not going to stop coming. Is their local media revenue going to go down? That’s highly unlikely. I don’t see this having any effect on the team’s revenue-generating ability,” said Rishe.