Forbes Ranks Phillies as 9th Most Valuable MLB Franchise

Citizens Bank Park on Opening Day
Photo Credit: Bill Streicher-USA TODAY Sports

Here they are.

The annual Forbes valuations of Major League Baseball clubs.

Your Phillies rank 9th on the list, valued at $1.85 billion dollars, which is up 9% from last year. Forbes lists the Phils’ revenue as $341 million with an operating income of $94 million.

The Yankees obviously top the list, valued at $4.6 billion.

Here’s the top 10:

  1. Yank stank – $4.6 billion
  2. Dodgers – $3.3 billion
  3. Red Sox – $3.2 billion
  4. Cubs – $3.1 billion
  5. Giants – $3 billion
  6. Mets – $2.3 billion
  7. Cardinals – $2.1 billion
  8. Angels – $1.9 billion
  9. Phils – $1.85 billion
  10. Astros – $1.775 billion

The Marlins bring up the rear at $1 billion. 

Interestingly enough, Forbes points out that MLB team values are up across the board, after the jump:

Bottom line: The average baseball team is now worth $1.78 billion, 8% more than a year ago. This is our 22nd rendition of MLB valuations, and over that span the average team value has increased at an 11% compound annual rate of growth. Over the same span NBA and NFL team values have increased 13% and 12%, respectively.

MLB’s central revenue (mainly national television money that is shared equally) was $2.76 billion in 2018, while local revenue (ballpark and local television money) was $7.29 billion. Thus baseball’s pecking order is driven by ticket, sponsorship and local cable television deals.

That’s a lot of money, $1.85 billion. It’s similar to what I contributed to my IRA last year.

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6 Responses

    1. Phillies in the past were relatively close to the Giants + Cubs in value depending on competitiveness. 10 years ago Phils were 5th + the Giants were 9th.Then the Giants won 3 World Series and packed their ball park for a decade while the Phils went off the rails and down a cliffside.

      I cant believe the Phils are about 50% value compared to the Red Sox. Phillies are in a bigger market with the same if not better upside on revenue streams. Just goes to show you the difference in ownership and brand.

    2. So Comcast is paying 2.5 billion dollars to the Phillies over 25 years guaranteed yet the franchise isn’t even worth the guaranteed money that they are owed is what you are referring to I presume?

  1. They were 5th a decade ago during the 2008-2012 run, ahead of the Giants,Cubs,Mets,Cardinals, and Angels. Then imo ownership shut it back down, cut payroll, fielded a team of stiffs, made the fans disappear , became the laughing stock of MLB and finished 30 games out for 6 years in a row.

    This ownership group up until this year was focused on yearly Profit . Winning, equity, fan interest, legacy. None of that mattered. Laser focus was on profit imo. The Phillies dont think big picture like other major markets. Its an absolute disgrace that a two bit beer town on the Mississippi Is worth more than the Philadelphia Phillies. Thats all on PHILLIES ownership Phils ownership finished first or second in operating income the past 3 years. The salary to revenue ratio among the lowest in MLB.the past few years. I guess this offseason they finallyr ealized we cant keep doing this , we better spend some money for a change.

  2. Lets see where they are in 2-3 years. Somehow the Cardinals receive Comp Balance picks in the draft yet are valued just below the elite markets in MLB.

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