Interesting article in Forbes regarding MLB team values and revenue. Yankees are No1 now topping $6 billion. Giants 5th at $3.5 billion. Dodgers second at $4 billion
Giants operating income from ‘21 was about $30 million. Yankees “lost” about $95 million; while at the same time their value increased from about $5.2 Billion to over $6 billion. MLB revenue losses for ‘20 and ‘21 were around $1.5 billion.
Largest increase in value is the Texas Rangers. In part cause they now get the benefit of their new park. Which had its debut season in 2020. (This may explain why the Rangers now have a $500,000,000 double play combo.)
The CBA includes two new revenue enhancers. Teams will be allowed to have patches on their players jerseys. The revenue from this go to the team. Which will make the big market “rich teams” richer and is one reason the Yankees value went over $6 billion. (Only franchise in American sports worth more is the Cowboys at $6.5 billion.)
They also will have helmet decals. That revenue will be shared by the teams.
So, Giants now worth over $ 4 billion. They made revenue last year, while others lost revenue (including the Dodgers). Yet their payroll at last check was 13th. Decidedly “mid-market”. I want Congress to be fiscally responsible. I want ownership of the Giants to spend like drunken sailors on steroids - in other words, like the Dodgers.
Giants operating income from ‘21 was about $30 million. Yankees “lost” about $95 million; while at the same time their value increased from about $5.2 Billion to over $6 billion. MLB revenue losses for ‘20 and ‘21 were around $1.5 billion.
Largest increase in value is the Texas Rangers. In part cause they now get the benefit of their new park. Which had its debut season in 2020. (This may explain why the Rangers now have a $500,000,000 double play combo.)
The CBA includes two new revenue enhancers. Teams will be allowed to have patches on their players jerseys. The revenue from this go to the team. Which will make the big market “rich teams” richer and is one reason the Yankees value went over $6 billion. (Only franchise in American sports worth more is the Cowboys at $6.5 billion.)
They also will have helmet decals. That revenue will be shared by the teams.
So, Giants now worth over $ 4 billion. They made revenue last year, while others lost revenue (including the Dodgers). Yet their payroll at last check was 13th. Decidedly “mid-market”. I want Congress to be fiscally responsible. I want ownership of the Giants to spend like drunken sailors on steroids - in other words, like the Dodgers.