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Giants Have Good Value: Forbes

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    NEWSLETTERS

    Courtesy Comcast SportsNet: It's not just pitchers and catchers anymore in Scottsdale. Now the entire team begins the effort to win a second World Series Championship. (Published Friday, Feb 18, 2011)

    Forbes released its annual list of the top valued baseball teams and yes the Giants made the list.

    The New York Yankees remain at the top of the list with a value of $1.7 billion. San Francisco ranked No. 7 with an increased value of $563 million - a bump of 16-percent (thank you World Series).

    Forbes found the average team is worth $523 million, which is an all time high.

    The credit for a seven percent increase in overall value, according to Forbes, is new ballparks and regional sports networks. They boosted revenues to $6.1 billion for baseball's 30 teams. 

    Here's your top ten:

    RANK
    TEAM
    OWNER
    CURRENT VALUE
    ($ mil)
    1-YEAR CHANGE IN VALUE %
    REVENUES ($mil)
    OPERATING INCOME ($mil)
    1
    New York Yankees
    Steinbrenner Family
    $1,700
    6%
    $427
    $25.7
    2
    Boston Red Sox
    John Henry, Thomas Werner
    912
    5
    272
    -1.1
    3
    Los Angeles Dodgers
    Frank McCourt
    800
    10
    246
    32.8
    4
    Chicago Cubs
    Ricketts Family
    773
    6
    258
    23.4
    5
    New York Mets
    Fred Wilpon, Saul Katz
    747
    -13
    233
    -6.2
    6
    Philadelphia Phillies
    David Montgomery
    609
    13
    239
    8.9
    7
    San Francisco Giants
    William Neukom
    563
    16
    230
    29.9
    8
    Texas Rangers
    Ray Davis, Bob Simpson
    561
    25
    206
    22.6
    9
    Los Angeles Angels of Anaheim
    Arturo Moreno
    554
    6
    222
    11.8
    10
    Chicago White Sox
    Jerry Reinsdorf
    526
    13
    210
    27.6
    LEAGUE AVERAGE
    523
    7
    205
    16.5

    Raw Video: Spring Training in Full Swing

    [BAY] Raw Video: Spring Training in Full Swing
    Courtesy Comcast SportsNet: It's not just pitchers and catchers anymore in Scottsdale. Now the entire team begins the effort to win a second World Series Championship. (Published Friday, Feb 18, 2011)

     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     

     

     

     

    Forbes also wrote about the dark side of the game in this month's issue.  It blames "reckless ownership and lax debt policies within Major League Baseball for allowed popular teams like the Texas Rangers, Los Angeles Dodgers and most recently, the New York Mets to amass mountains of debt." 

    In investigating the Mets’ involvement with Bernie Madoff and the team’s subsequent debt problems, Forbes concludes that it will be challenge for Fred Wilpon and Saul Katz to retain majority ownership.

    You can read that article at this link.