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.
- Yasmany Tomas signs a six-year, $68.5 million deal with the Diamondbacks 82
- No, the Red Sox signing Pablo and Hanley is not proof that baseball needs a salary cap 160
- Red Sox announce four-year, $88 million deal with Hanley Ramirez, DFA Juan Francisco 35
- The Cubs have offered Jon Lester “north of $135 million” 68
- Pablo Sandoval’s deal: five years, $98 million plus an option 43
- Kyle Seager, Mariners close to $100 million extension 26
- The 2015 Hall of Fame ballot is out — Randy Johnson, Pedro Martinez are new on the ballot 286
- So what would the Red Sox look like with Hanley Ramirez and Pablo Sandoval? 49
- The 2015 Hall of Fame ballot is out — Randy Johnson, Pedro Martinez are new on the ballot (286)
- No, the Red Sox signing Pablo and Hanley is not proof that baseball needs a salary cap (161)
- More Hall of Fame ballots like Adam Rubin’s please (138)
- Report: Pablo Sandoval chose the Red Sox over the Giants because he felt disrespected (136)
- UPDATE: The Pablo Sandoval-Red Sox deal is done, pending a physical (133)