Mar 27, 2013, 3:59 PM EDT
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.
- More than half of polled baseball fans prefer having the pitcher hit 7
- The Marlins aren’t happy with the Dan Jennings hire 38
- Andrew McCutchen is doing just fine now, thank you 15
- The schedule: if it ain’t broke, don’t fix it 69
- And That Happened: Thursday’s scores and highlights 69
- Eduardo Rodriguez dazzles in major league debut 23
- Masahiro Tanaka expected to rejoin Yankees next week 4
- Alex Rodriguez is the all-time AL RBI champion. Sorta. 76