Royals

Royals’ value is now just short of $1 billion, says Forbes

Melissa Etheridge sang the national anthem as a B-2 stealth bomber did a flyover on Monday at Kauffman Stadium before the start of the game between the Kansas City Royals and Oakland Athletics.
Melissa Etheridge sang the national anthem as a B-2 stealth bomber did a flyover on Monday at Kauffman Stadium before the start of the game between the Kansas City Royals and Oakland Athletics. along@kcstar.com

The Royals moved up one spot in the latest Forbes valuations of Major League Baseball teams.

Forbes estimated the Royals are worth $950 million, which ranked them 24th in baseball. A year ago, Forbes ranked the Royals 25th with a value of $865 million.

David Glass bought the Royals for $96 million in 2000, a fact that is certain to be noted by some fans. But Forbes also noted that the Royals had a net operating loss of $900,000 in 2016. Only five teams had an operating loss last season, according to Forbes.

“The 2015 World Series title helped boost sponsorship,” Forbes wrote about the Royals. “The team added 21 new partners and renewed 11 others to push sponsorship revenue up 22 percent. The team has nearly 150 sponsors, including radio-only ones.”

The New York Yankees are valued at $3.7 billion, followed by the Los Angeles Dodgers ($2.75 billion), the Boston Red Sox ($2.7 billion) and the Chicago Cubs ($2.675 billion). The average franchise is worth $1.54 billion, which is a 19 percent increase from 2016.

“Values were driven higher by new local television deals that are increasing at roughly a two-fold rate, surging profitability, and the escalating value of Major League Baseball Advanced Media, the Internet and technology arm of MLB,” wrote Forbes’ Mike Ozanian.

 

Forbes baseball valuation

RankTeamCurrent Value1-Yr Value ChangeDebt/ValueRevenueOperating Income
#1New York Yankees$3.7 B9%0%$526 M$39 M
#2Los Angeles Dodgers$2.75 B10%15%$462 M$-20.5 M
#3Boston Red Sox$2.7 B17%0%$434 M$78.6 M
#4Chicago Cubs$2.675 B22%16%$434 M$83.8 M
#5San Francisco Giants$2.65 B18%0%$428 M$78.1 M
#6New York Mets$2 B21%15%$332 M$31.7 M
#7St. Louis Cardinals$1.8 B12%13%$310 M$40.5 M
#8Los Angeles Angels$1.75 B31%0%$350 M$68.1 M
#9Philadelphia Phillies$1.65 B34%5%$325 M$87.7 M
#10Washington Nationals$1.6 B23%21%$304 M$37.6 M
#11Texas Rangers$1.55 B27%10%$298 M$18.6 M
#12Atlanta Braves$1.5 B28%14%$275 M$15.2 M
#13Houston Astros$1.45 B32%19%$299 M$75.9 M
#14Seattle Mariners$1.4 B17%0%$289 M$11.6 M
#15Chicago White Sox$1.35 B29%7%$269 M$41.9 M
#16Toronto Blue Jays$1.3 B44%0%$278 M$22.9 M
#17Pittsburgh Pirates$1.25 B28%8%$265 M$51 M
#18Detroit Tigers$1.2 B4%14%$275 M$-36.4 M
#19Baltimore Orioles$1.175 B18%15%$253 M$-2.1 M
#20Arizona Diamondbacks$1.15 B24%12%$253 M$47.2 M
#21San Diego Padres$1.125 B26%16%$259 M$22.8 M
#22Minnesota Twins$1.025 B13%20%$249 M$29.9 M
#23Colorado Rockies$1 B16%8%$248 M$26.6 M
#24Kansas City Royals$950 M10%8%$246 M$-0.9 M
#25Miami Marlins$940 M39%22%$206 M$-2.2 M
#26Milwaukee Brewers$925 M6%8%$239 M$58.2 M
#27Cleveland Indians$920 M15%11%$271 M$46.9 M
#28Cincinnati Reds$915 M1%11%$229 M$15.9 M
#29Oakland Athletics$880 M21%9%$216 M$25.5 M
#30Tampa Bay Rays$825 M27%17%$205 M$32.1 M

Pete Grathoff: 816-234-4330, @pgrathoff

  Comments