SunTrust Park is a revenue bonanza for Braves in first year

Atlanta Braves fans cheer before a game during SunTrust Park's opening weekend in 2017.

Credit: HYOSUB SHIN / AJC

Credit: HYOSUB SHIN / AJC

Atlanta Braves fans cheer before a game during SunTrust Park's opening weekend in 2017.

The Braves' revenue increased by $124 million - a 47-percent rise - in 2017, their first year in SunTrust Park, according to financial results released Thursday by team owner Liberty Media.

Liberty Media CEO Greg Maffei described the revenue increase as “astounding,” saying in a news release that it demonstrated “the appeal of the new SunTrust Park and (adjacent mixed-use development) Battery Atlanta.”

> More: What does increased revenue mean for Braves spending?

Liberty said the Braves posted revenue increases of 76 percent from ticket sales, 31 percent from concession sales and 45 percent from retail sales, compared to their final year at Turner Field in 2016.

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