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Travel ball and profits

One thing I can’t figure out is can travel programs can be all that profitable and have paid staff (not including coaches). Let’s say the program has 15 teams and a few additional other teams licensing the name. Do player and licensing fees cover expenses? I suppose some programs have sponsors or endorsements.Tryout fees?  Or others have financial ties to facilities or an academy. Btw, I am in or looking to be in the business.

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