MLB is showing fans, media, and even potential investors that owning a team represents solid business.
Forbes showed some telling numbers about the most valuable MLB franchises, the most profitable, and the ones that generated a loss.
Let’s take a look at what the numbers say:
Top 5 MLB team values per Forbes:
Yankees: $7.1 billion
Dodgers: $4.8
Red Sox: $4.5
Cubs: $4.1
SF Giants: $3.7Top 5 profits(2022)
Mariners: $83.8M
SF Giants: $74.9
Red Sox: $71.6
Orioles: $64.7
A’s:$62.2Top 5 losses
Mets: $138.5M
Parents:$55.2
White Sox: $53.4
Blue Jays: $33.7
Twins: $30.3—Bob Nightengale (@BNightengale) March 23, 2023
The difference in worth between the Yankees and the second-most valuable franchise, the Los Angeles Dodgers, is significant.
But that’s not what raises the most eyebrows here.
The New York Mets appear as the team with the most losses in the last exercise, at $138.5 million.
The second-ranked team on that list are the San Diego Padres, at $55.2 million.
The difference is incredible.
However, it can be explained.
Both teams invested heavily in their rosters because they wanted to win a championship.
Most importantly, they know that by bringing in good players, the money will likely return somehow in the form of more merchandise sales, more people going to the stadium in the future, and more expensive TV contracts.
The Mets and the Padres keep the league competitive by spending a lot of money on players.
On the other hand, the Oakland Athletics showed up in the top five list of teams with the most profit.
That, in this case, speaks more about their unwillingness to spend and reinvest on the roster than anything else.
It’s easy to make profit when you don’t spend in top free agents.
Those are the kinds of teams that contribute little to none to the overall health of the game.
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