Here they are.
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:
- Yank stank – $4.6 billion
- Dodgers – $3.3 billion
- Red Sox – $3.2 billion
- Cubs – $3.1 billion
- Giants – $3 billion
- Mets – $2.3 billion
- Cardinals – $2.1 billion
- Angels – $1.9 billion
- Phils – $1.85 billion
- 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.