Bloomberg ranks Royals next to last in terms of franchise value
10/23/2013 11:07 AM
10/23/2013 5:43 PM
The Royals, as a business, are ranked 29th among the 30 major-league teams in terms of franchise value in a study released Wednesday by Bloomberg.
The study examined “revenue from ticket sales, concessions, sponsorships and broadcast rights, as well as interests in TV channels, radio stations and real estate.”
Bloomberg pegged the Royals’ value at $540 million. Only Tampa Bay, at $530 million, ranked lower.
The New York Yankees are worth $3.3 billion, which makes them — according to Bloomberg — the runaway leader as baseball’s most valuable enterprise.
The Los Angeles Dodgers ranked second at $2.1 billion. There are 10 franchises valued at $1 billion or more.Here is the link
to the full report.
Bloomberg reported the Royals received $36 million in revenue sharing, which ranked first among the 30 clubs. It also cited the following financial figures in calculating the Royals’ value:
• $180 million in team revenue, which ranked 28th.
• $37 million in gate receipts, which ranked 26th.
• $11 million in concessions, which ranked 27th.
• $14 million in sponsorships, which ranked 27th.
• $53 million in media rights, which ranked 30th.
• $4 million in parking, which ranked 15th.
• 1.8 million in attendance, which ranked 26th.
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