The Phillies Are Valued at $723 Million

Rob Giannone —  March 22, 2012 — 7 Comments

Citizens Bank Park Home of the Philadelphia Phillies

Yeah, they're valuable.

Sold out stadiums, merchandise all over the country, insane television ratings, and takeovers of other parks sure help.

[Daily News]

The Phillies were valued at $609 million last year, the sixth-highest total in baseball and a 13 percent increase over 2010, according to Forbes.

Forbes said the Phillies had $249 million in revenue in 2011, but they were in the red in operating income by $11.6 in million.

 

They had a 19 percent increase in value, putting them at $723 million. Regardless of operating incoming decreasing, all is well for the organization. Value went up and revenues are high.

Keep in mind that the value will only skyrocket even more once they sign a new television deal in 2015 (their contract with CSN expires). The idea of the team launching their own network was even kicked around.

Now, if they could only get their right side of the infield, well, on the field…

Rob Giannone

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7 responses to The Phillies Are Valued at $723 Million

  1. The Phillies team salary is just shy of $173M. By my calculation, that leaves enough room to buy at least an entire new team to replace all of these broken players.

  2. Phils should

  3. A $170 million payroll, and no LF, no 2B, no 1B, a half of a 3B, and an empty farm system.
    At this rate, with Rube “JV” Amaro running shit, this bitch will be worth only $700 million next year.

  4. Jose from Norristown March 23, 2012 at 7:19 am

    Who cares about this shit, get me pics of the blonds chick they showed before the flyers game last night…..hot yo

  5. The average team value increased 16% so this is really less to do with Philadelphia and more to do with the game in general.

  6. Get Rube A Beer March 23, 2012 at 8:42 am

    If they had their own network they really will be the Yankees of the NL

  7. j moyer is a dude

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