Atlanta Braves Holdings, Inc.

Greetings, and welcome to the Atlanta Braves Holdings Q4 and year-end 2024 earnings call. At this time, all participants are in listen-only mode. If anyone should require operator assistance, please press star zero on your telephone keypad. A question and answer session will follow the formal presentation. You may be placed into question queue at any time by pressing star one on your telephone keypad, and we ask you to please ask one question and one follow-up then return to the queue. As a reminder, this conference is being recorded. It's now my pleasure to turn the call over to Cameron Rudd, Vice President, Investor Relations. Cameron, please go ahead. Good morning.

Before we start, we'd like to begin by reminding everyone that on today's call, management's prepared remarks may contain forward-looking statements. Forward-looking statements address matters that are subject to risks and uncertainties that may cause actual results to differ from those discussed today A number of factors could cause actual results to differ materially from those anticipated, including those set forth in the risk factors section of our annual and quarterly reports filed with the SEC. Forward-looking statements are based on current expectations, assumptions, and beliefs, as well as information available to us at this time and speak only as of the date they are made, and management undertakes no obligation to update publicly any of them in light of new information or future events. During this call, we will discuss certain non-GAAP financial measures, including adjusted EBITDA. The full definition of these non-GAAP financial measures and reconciliation to the comparable GAAP financial measures are contained in the Form 10-K and earnings press release available on the company's website. Now, I'd like to turn the call over to Terry McGurk, Chairman, President, and CEO of Atlantic Race Holdings.

Good morning and welcome to the Atlanta Braves Holdings fourth quarter and full year 2024 earnings call. We are excited about the 2025 season where spring training is well underway in North Port, Florida. I've spent some time in camp watching our team prepare and I am impressed by what I've seen. Our players arrived in camp on February 11th, ready to work hard and compete for another World Series ring this season. With opening day only 29 days away, our entire business and baseball operations teams are working hard to make sure we are ready both on and off the field. We kick off the season on March 27 in San Diego, and we will welcome fans for the home opener at Truist Park on April 4 when we take on the Miami Marlins. We welcomed all-star outfielder Jerickson Profar to the Atlanta Braves last month. He was one of the top free agents on the market, and we can't wait to see him in our lineup every night. We're excited to get our top talent back this season following injuries last year, namely Ronald Acuna, Austin Riley, Spencer Strider, Michael Harris, Ozzie Alves, and Sean Murphy are all healthy, and well on their way to being back on the field. We feel that with so many of our players returning, we are starting the season with a fresh roster and lineup, which positions us well to compete deep into October. We remain confident in the talent up and down our roster and our ability to compete and win at the highest level. This July, we will host the Major League Baseball All-Star Game, where we will showcase Atlanta, Truist Park, and the Battery Atlanta to baseball fans from around the world. It is a tremendous honor for the Braves to be selected as the host team. Our leadership and staff are working tirelessly alongside MLB to ensure we provide fans with the best possible experience here in Atlanta. We set out each and every year to achieve the same goal, to compete for and win the World Series. We are excited about the year ahead both on and off the field. We continue to work hard to ensure that we provide a world-class experience in the ballpark and the Battery Atlanta for all fans. And as always, we hold ourselves to the highest standards to benefit our fans, our partners, and you, our shareholders. And now I will turn it over to Derek Schiller and Mike Plant who will walk you through the results from the quarter.