ATLANTA BRAVES HOLDINGS INC SERIES (BATRA)
Sector: Communication
2026 Annual Meeting Analysis
ATLANTA BRAVES HOLDINGS INC SERIES · Meeting: May 20, 2026
Directors FOR
1
Directors AGAINST
0
Say on Pay
ABSTAIN
Auditor
FOR
Director Elections
Election of Wonya Y. Lucas as Class III Director
Ms. Lucas joined the board in July 2023 (just under 3 years ago), BATRA's 3-year stock return of +43.5% outperforms the company-disclosed peer group median of -4.7% by +48.2 percentage points — well below the 50-point trigger threshold for a strong-positive TSR company — no overboarding (1 other public board seat), 100% meeting attendance, and her media/entertainment background is highly relevant to the company's business.
Only one director is up for election this cycle: Wonya Y. Lucas, an independent director serving as Compensation Committee Chair. She passes all policy screens — no TSR underperformance trigger, no overboarding, 100% attendance, and strong relevant qualifications.
Say on Pay
✗ AGAINSTCEO
Terence F. McGuirk
Total Comp
$19,886,498
Prior Support
98%%
The proxy filing confirms that the next Say on Pay advisory vote is scheduled for the 2027 Annual Meeting of Stockholders, not the 2026 meeting. There is no Say on Pay proposal on the 2026 ballot. Accordingly, no vote determination can be made for this meeting; the prior vote (98% support at the 2024 annual meeting) is noted for context. This entry is included for completeness to flag the absence of a 2026 Say on Pay vote.
Auditor Ratification
✓ FORAuditor
KPMG LLP
Tenure
N/A
Audit Fees
$975,000
Non-Audit Fees
$0
KPMG billed $975,000 in audit fees for 2025 with zero non-audit, tax, or other fees — a non-audit ratio of 0%, well below the 50% threshold that would raise independence concerns. KPMG is a Big 4 firm appropriate for a $3.1B market-cap company. Auditor tenure is not disclosed in the proxy, but policy requires confirmed data to trigger a no vote on tenure grounds, so no adverse tenure flag applies.
Overall Assessment
The 2026 Atlanta Braves Holdings annual meeting has only two substantive proposals: the re-election of independent director Wonya Y. Lucas and ratification of KPMG as auditor. Both pass all applicable policy screens and receive FOR votes; notably, there is no Say on Pay proposal on this year's ballot as the company is on a triennial cycle with the next advisory compensation vote scheduled for 2027.
Compensation Peer Group
17 companies disclosed in 2026 proxy filing