So, each team makes money upon the initial sale of its tickets and then MLB makes at least 80 million / season on tickets resold through Seat Geek?
Yes, maybe, no. Replace your actual numbers with “x” to be safe. The $400 million reported by Sportico is questionable since the terms are private and not released. Sportico attributed their number to anonymous people who know stuff. Forbes later had a story saying the number was $100 million for 5 years according to their people who know stuff.
MLB will obviously no longer be making money from the previous official reseller deal with Stubhub. The terms of those deals were also private, so only anonymous people who know stuff really know what the net $$$ effect of all this is.