Mar 27, 2013, 3:59 PM EST
This comes out every year: Forbes’ team valuations and the breakdown of who’s making money, who’s losing money and all that jazz.
You’ll not be surprised to see that the Yankees are the most valuable, the Rays the least. Still, the Rays’ value increased from year-to-year by 40% and they cleared $10 million. Owning a baseball team is like printing money, really.
For most teams anyway. Forbes claims that six teams in baseball lost money last year: the Angels, Rangers, Marlins, Blue Jays, Mets and Tigers. Of course all those numbers have to be taken with a grain of salt given what we know about the books of Major League Baseball teams: virtually nothing. And we know that many teams pay their owners various fess and things for amorphous reasons and unknown tasks, all of which negatively impacts the team’s bottom line while clearly not harming the owners a bit. Ask Jeff Loria how that works.
It’s a nice snapshot, but not much more. There just isn’t enough data out there for anyone to check these numbers and the only people in a position to correct them — the owners themselves — wouldn’t dare reveal what they really make or lose.
- Mariners sign Corey Hart 0
- David Price would not consider an extension with the Mariners if he’s traded there 27
- Media paying for athlete interviews? Not likely. But watch this stuff closely anyway. 18
- Rockies acquire Brett Anderson from A’s 12
- D’backs, Angels, White Sox agree to three-team Mark Trumbo deal 65
- Robinson Cano agrees to $240 million deal with Mariners (260)
- Report: Mariners willing to offer Robinson Cano a 10-year, $240 million deal (143)
- Report: Yankees have agreed to a three-year deal with Carlos Beltran (125)
- Brett Gardner is drawing “significant” trade interest (113)
- Robinson Cano “didn’t want to play” for Joe Girardi (110)