The San Francisco Giants world series rings have vaulted them up the Forbes valuations over the last few years. The San Francisco Giants came in fifth in their 2017 valuation.
The San Francisco Giants have quite the assets. They have a high payroll, a rabid fanbase, a beautiful stadium, and a model for success that keeps fans coming back every single game. With the help of their success from 2010-2016, they’re ranked fifth in Forbes valuations of MLB Teams.
While many outside sources, and at times even our own commissioner, would have you believe that baseball is on the decline. But these Forbes values tend to show the opposite. According to Forbes,
"“The average MLB team is worth 1.54 billion, 19% more than one year ago.”"
So baseball is on the rise? At the moment that seems to be the case, at least in terms of money talk. Forbes also sites one reason for the increase in valuation is the TV deals that have increased “at a two-fold rate.” Baseball is currently second in the North American sports spectrum in overall franchise valuation. The NFL comes first at $2.3 Billion, and soccer (the top twenty teams) follows baseball at $1.468 billion.
Here is the top ten MLB teams according to Forbes and what they are valued at:
- New York Yankees, $3.7 billion
- Los Angeles Dodgers, $2.75 billion
- Boston Red Sox, $2.7 billion
- Chicago Cubs, $2.675 billion
- San Francisco Giants, $2.65 bilion
- New York Mets, $2 billion
- St. Louis Cardinals, $1.8 billion
- Los Angeles Angels of Anaheim, $1.75 billion
- Philadelphia Phillies, $1.65 billion
- Washington Nationals, $1.6 billion
In looking at these numbers it’s quite interesting to see the shelf that the Giants belong too. Just a $50 million valuation lower than the Dodgers, but the Mets, at six, are $650 million lower than the Giants. Those top four teams are clearly the cream of the crop financially in the league.
The Giants are up 18% in terms of valuation, which is just one percent over the average of the league. Here are some of the interesting figures that their profile revealed:
- Average Revenue per fan: $170
- Total gate receipts in ’16: $180million
- Total Player Expenses in ’16: $193 million
The Colorado Rockies, at 23, are the cut-off line for teams valued below $1 billion. There are seven teams valued at less than $1 billion.