Orioles Losing Fan Base?

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Baltimore Orioles has been ranked No. 9 on a list of 13 teams running out of fans, leading franchises to lose millions of dollars, 24/7 Wall St. reports.

The team’s attendance is down 19.7% over the past 10 years, during which it has not won any league championship, the business news site said. Its win-loss record though has significant improved – from 67-95 in 2002 to 93-69 this year.

“The 2012 season was the first winning year for the Orioles in more than a decade. Between 2002 and 2011, the team finished no better than third in its five-team division — which it did just once — and finished last every year between 2008 and 2011,” 24/7 Wall St. said. “Perhaps just as meaningful as the team’s poor performance, nearby Washington D.C. added its own Major League Baseball team in 2005, the Washington Nationals.”

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