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Forbes Values Phillies at $2 Billion
Published:
Got $2 billion laying around?
That’s how much the Phillies are worth in 2020, according to Forbes, which annually ranks teams in the major North American sports. Two billion would place the Phils 8th overall, just ahead of the Angels and just behind the Cardinals, with a +8% gain from 2019.
Interestingly enough, Forbes has the Phillies listed as the 4th highest team in terms of TV+radio deal value, behind the Dodgers, Yankees, and Angels. That’s a solid big market victory over the likes of the Chicago teams, Red Sox, and Mets.
Total revenue is listed at $392 million with operating expenses of $73 million.
Here’s the full story:
— Forbes (@Forbes) April 9, 2020
Kevin has been writing about Philadelphia sports since 2009. He spent seven years in the CBS 3 sports department and started with the Union during the team's 2010 inaugural season. He went to the academic powerhouses of Boyertown High School and West Virginia University. email - k.kinkead@sportradar.com