Comments on: Forbes’ annual franchise valuations are out

By: iranuke

iranuke — Wed, 23 Mar 2011 23:45:00 +0000

I have a problem with people who use average when speaking of value. The average value is $523 milion, but the 15th most valuable team (there are after all 30 teams in MLB) is $449 milion and the 16th most valuable team is $417 million. Talking about lists like this, we should use the MEDIAN value, which will give a more accurate feel for the values involved. (this is especially true about salaries)

By: seeingwhatsticks

seeingwhatsticks — Wed, 23 Mar 2011 20:28:26 +0000

Which is why I think the Wilpons are in even bigger trouble than they think. With everyone knowing they have problems they aren’t likely to get close to the valuation of whatever share they end up selling, even if they sell the whole franchise. Negotiations on this level are about leverage and the Wilpons don’t have any.

By: paperlions

paperlions — Wed, 23 Mar 2011 19:07:05 +0000

Dang it….that should have said that value and potential sale price are *NOT* the same thing.

By: paperlions

paperlions — Wed, 23 Mar 2011 19:06:16 +0000

Value and how much you can sell something for are the same thing; regardless of the valuation, you can still only sell it for the amount being offered.

By: guileless22

guileless22 — Wed, 23 Mar 2011 18:44:59 +0000

Speaking of Tom Hicks, he was forced to sell the Liverpool football/soccer club to John Henry. He cited the Forbes valuation of Liverpool, which was much higher than the sale price, as evidence that he was getting screwed on the deal. But the deal went through.

By: BC

BC — Wed, 23 Mar 2011 16:59:18 +0000

OK. The Yankees are worth approxmimately the GDP of Nicaragua. That’s obscene.

By: bigharold

bigharold — Wed, 23 Mar 2011 16:47:39 +0000

Maybe Bill Gates is looking for a new hobby? Perhaps Warren Buffett might want to relocate to New York?

Strangely enough, thanks to the Bush Tax cuts, specifically elimination of the inheritance tax the Steinbrenner’s will not need to sell the team any time soon so it doesn’t really matter.

By: bigharold

bigharold — Wed, 23 Mar 2011 16:41:37 +0000

I knew once Harold (Hal) Steinbrenner started running the team things could only get better. Regardless of the endeavor you can never have enough Harold’s involved.

By: bigharold

bigharold — Wed, 23 Mar 2011 16:38:06 +0000

They laid off McCourts kids, .. saved oddels of dough!

By: kellyb9

kellyb9 — Wed, 23 Mar 2011 16:30:09 +0000

Yeah I could imagine getting bored with practically printing your own money.

By: yankeesfanlen

yankeesfanlen — Wed, 23 Mar 2011 16:25:22 +0000

If Rudy Guiliani had Mike Bloomberg’s money, yes.

By: ThatGuy

ThatGuy — Wed, 23 Mar 2011 16:14:23 +0000

Seriously, if the Steinbrenners ever decided to sell, could they even find an owner to buy the team at such a high value?

By: BC

BC — Wed, 23 Mar 2011 16:06:50 +0000

The Dodgers went up in value last year? How?