dollars)." He got entirely insufficient concessions from MLB in exchange for the league's muscling the former Montreal Expos into his market, making them the Washington Nationals and making the O's a permanent second act. Here are all 30 MLB teams, ranked according to their market size, i.e., their overall revenue streams. Ranking Major League Baseball Teams' Financial Strength Mike has a 35 year career as an Accounting/Finance professional including over 20 years in management. #30 Miami Marlins | Team value: $1.03 billion. They have stars who bear unprecedented hype, one already arrived (Stephen Strasburg) and one on the way (Bryce Harper). Even their AHL and ARENA Football Team draw well. The DMA in Cleveland includes Akron as well as Canton and a large portions of the counties in NE Ohio. Introduction to Sectors and Industries Analysis - Investopedia [1] Available: https://www.statista.com/statistics/193645/revenue-of-major-league-baseball-teams-in-2010/, Teams of Major League Baseball ranked by revenue in the United States in 2021, Available to download in PNG, PDF, XLS format, Total revenue of Major League Baseball 2001-2021, Average revenue per team in MLB 2001-2021, Revenue of Major League Baseball teams in the U.S. 2021, Average operating income of Major League Baseball teams 2005-2021, Operating income of Major League Baseball franchises in the U.S. 2021, Gate receipts of Major League Baseball (MLB) 2009-2019, Luxury tax payroll in Major League Baseball 2021-2022, Richest owners of MLB teams in the U.S. in 2022, Most valuable sport team brands worldwide 2022, Average team valuation in Major League Baseball 2002-2022, Highest overall career earnings of MLB players in North America as of 2023, Highest salaries in Major League Baseball 2022, Major League Baseball average player salary 2003-2022, MLB players on opening day rosters 2013-2022, MLB World Series TV viewership in the U.S. 2000-2022, Baseball World Series TV ratings in the U.S. 2000-2022, MLB television deals value in the U.S. 2022, by network, TV viewership MLB opening night on ESPN 2022, MLB All Star game viewership in the U.S. 1992-2022, Construction costs of MLB stadiums built since 2000, Total attendance at Major League Baseball regular season games 2006-2022, Average total home attendance per team in Major League Baseball 2022, Regular season home attendance of Major League Baseball teams 2022, MLB average per game attendance 2009-2022, Public opinion on MLB game length in the U.S. 2023, Average ticket price in Major League Baseball 2006-2022, Average ticket price for an MLB game by team 2023, Major League Baseball: average concession stand prices 2010-2022, Major League Baseball beer prices by team 2022, Major League Baseball price for a soft drink by team 2022, MLB interest level in the U.S. 2023, by age, MLB interest level in the U.S. 2023, by ethnicity, Most influential reasons for supporting MLB team in the U.S. 2022, MLB teams - number of twitter followers 2022, Revenue multiple of Major League Baseball franchises in 2010, Major League Baseball: venue renovation / construction costs 2009, Major League Baseball World Series champion survey 2014, Preferred winners of the MLB World Series in 2022, Top 10 most valuable MLB teams - brand value 2012, All time luxury tax payments of MLB clubs 1997-2012, Watching frequency of baseball in Canada in 2019, U.S. children's most preferred trick-or-treating non-chocolate candy brands 2019, Share of Americans who shopped for shoes at DSW 2018, by age, Federal funding to the National Endowment for the Arts in the U.S. 2002-2018, Magnesium sulfate mine production volume in Mexico 2010-2021, U.S. firms in the management of companies and enterprises industry 2019-2026, Expenditure for Mother's Day flowers in the U.S. 2018, Industry revenue of manufacture of other machine tools in Austria 2012-2025, Teams of Major League Baseball ranked by revenue in the United States in 2021 (in million U.S. dollars), Find your information in our database containing over 20,000 reports, 9.56 billion U.S. dollars in total revenue. Each team has a 25-man roster that is made up of MLB players that are in the dugout or bullpen for each game. Dollars). The Cubs play in far and away the largest market in the division, with a population base of 9.5 million per Forbes. St. Louis Cardinals in Rookie Complex Level Top Teams and Standouts 1964-2019, Now Available! Forbes. Estimated TV Revenues for All 30 MLB Teams | FanGraphs Baseball By the time that money stops flowing in, Washington should be a perennial contender more than capable of generating its own revenue. List of Major League Baseball teams by population St. Louis has used astute scouting and player evaluation metrics to stay competitive from within the organization, supplemented by an occasional key acquisition. The formula was simply to make sure the rabid fans paid enough for their obsession. They have the wealthiest owner in baseball, a sweeping media market with avid baseball interest, and somehow, for another few years, the Nationals are also receiving revenue-sharing money as one of the league's poorer teams. Here are all 30 MLB teams, ranked according to their market size, i.e., their overall revenue streams. The media market available to the team is tiny, as it's penned in by the Chicago teams to the south and the Twins' market to the west. Another is their cavernous hole of a stadium. The most and least valuable MLB teams - Chicago Tribune That stadium is football-first, old, uninteresting and ill-suited to the sort of advertising baseball teams use regularly within their parks. Profit from the additional features of your individual account. It had been a while, though, since the city really felt like a major sports center. Baseball's Most Valuable Teams 2022: Yankees Hit $6 Billion As New CBA Basically, it is a more high-risk approach to allocated earnings, as multi-year contracts are usually guaranteed and spending big on players is not necessarily an indicator that a team will improve on the field. Actually, its incorrect to say, Milwaukee is the Packers home market. That implies that they only have one home market. Baseball's Most Valuable Teams 2021: New York Yankees On Top At $5.25 As of 2022, the top five markets remain the same as in previous years New York, Los Angeles, Chicago, Philadelphia and Dallas-Ft. Worth. "Teams of Major League Baseball Ranked by Revenue in The United States in 2021 (in Million U.S. Renovations to Kauffman Stadium in the last few years have re-opened some revenue valves for the Royals, and if fans turn out to support a young and very promising team, Kansas City could finally find itself with a few resources. Almost 63% of their total expenses in 2019 was for player costs. Statista. Civic pride in a franchise nearing 150 years of age cements the team's place, and allows it to occasionally act like a mid-market team. Ranking the 115 U.S. based franchises in the Big Four professional sports leagues (NBA, NFL, NHL and Major League Baseball) by Nielsen TV market size. See also: Cash Payrolls, Luxury Tax Payrolls. For example, Miamis true size is over TWICE as big as Denver. The bottom 60% of companies scrap for 10% of the market. To use individual functions (e.g., mark statistics as favourites, set Fun fact: In comparison, the Marlins' neighboring NBA team, the Miami Heat, is valued at. The ballpark in which the Blue Jays play, once at the cutting edge, has decayed a bit. Yes, the Seattle TV/radio network might go into Spokane and Boise, etc., but, they have their own Nielsen TV markets. The YES network is a smashing success. Understoodbut for the purpose of comparing North American sports markets (which appears to be the primary intended purpose), it would be beneficial to include Canadian markets with teams in the Major Four Leagues. Foreword by Dan McLaughlin. In general, 2023 will be about making the most of these near-term opportunities while managing associated risks with the longer term in mind. Denver is a mid-sized market and a large urban area, but there's a problem of isolation there. But they are not deficient in either respect, and are consistently valued among the top 10 franchises in Major League Baseball. But thats never stopped Clevelands politicians from donating hundreds of millions in public money to them. by most fans and analysts misrepresents the truth of the matter. As I mentioned, being debt-free is quite a novelty in normal business operations, but not all that unusual in MLB. They also have a unique sort of X-factor when it comes to revenue streams. The Red Sox have spent huge money on everything since John Henry and company purchased the team 10 years ago. The Yankees rank third even by this standard. Portion of franchise's value attributable to revenue shared among all teams. That spree was more about compensation for years of fraudulent miserliness than it was a true sea change, but it certainly made waves. Feeling he owed the city something after getting Comerica Park built, Ilitch has been as good a community steward as he has been a steward of the team itself. CABLE CASH These five teams had the highest local cable. They are not there yet, but the Angels could be minting money alongside the Yankees and Red Sox within a few years. Find out ballpark name and address, phone, and website information for all 30 Major League Baseball teams below. They were, for years, the westernmost and southernmost team in baseball, and as such, the Cardinals cut a wide swath of the American South and the Heartland out for themselves. The Reds are putting more emphasis on bringing a contender to the Queen City. That park remains a great source of recurring revenues for Detroit, as does the entire state of Michigan's fealty thereto. Thats it. Despite the second highest player payroll in the majors, the Yankees generate so much revenue, about double the average team, that they do not need to spend a lot of what they get on players to have high player costs. Youth. Cleveland media market, Akron has its own news channels, radio stations no doubt; that is what this is talking about. These numbers seem slight the Seattle Seahawks for example have a TV (and radio) market that includes at least six states (WA, OR, ID, MT, AK, HI) and one Canadian province, B.C. Income/Expense is 2019 data Their chance came when they opened Citizens Bank Park. The average Major League Baseball fan is 53 years old; only 29 percent of MLB fans are between the ages of 18 and 34. Your email address will not be published. Meanwhile, the team not only draws many fans to the park from San Jose, but it gets all of the TV revenue out there. [3] The fastest growing MLB franchise is the New York Yankees as well, with a 50% increase in valuation since the 2017 MLB season ($4 to $6 billion). Look for Baltimore to be more of a big player as a major city with the new addition of The Mile. In all, MLB teams are receiving an estimated $1.5 billion on their local cable deals without considering ownership interests. Via sportsmediawatch, here are the U.S. markets with MLB teams ranked by size: New York ( Yankees and Mets) Los Angeles area ( Dodgers and Angels) Chicago ( Cubs and White Sox) Philadelphia (. 2022 Payroll: $128,666,826 ( 19th of 30) Franchise Value: $1.28B (25th of 30) The Milwaukee Brewers are the smallest market MLB team with a market size of 1,689,572 people. The Pittsburgh Pirates and Cincinnati Reds have kept from getting over-loaded with debt but have not been recent division contenders other than a brief run by the Pirates. [1] [2] According to the 2000 United States Census, the American League's total market size is 6,871,440 while the National League's is 6,094,087. The chart below shows the 2016 estimates, the total deal, if known,. Five of them were only seen once, three were seen twice and two were seen three times. Progressive Field is not the potential piggy bank PNC Park is, in that it is several years older and a bit more functional, but it remains a nice place to take in a ball game, and the Indians should be able to capitalize on that. Akron does not have its own television stations. May 27, 2022. They also get a boost from baseball tourism, owing to the city's proximity to Louisville (home to the Louisville Slugger Museum). MLB Bats Annual Usage Report [2023] - Bat Digest It's an absolute dump. Though none of the state's three key metropolitan areas are within even the top 30 of all U.S. cities, its sports teams receive excellent, even overwhelming support. Our 2023 outlook in brief: The blending of physical and digital experiences will move from proving concepts to creating new functionality and better experiences. You only have access to basic statistics. That is the true teller. Is it because not enough teams currently 24? No element of the Brewers' economic situation favors them, really, other than that they have masterfully marketed and monetized their brand and now draw some three million fans every year. Its a list of sports TV market sizes, as defined by Nielsen. They look to be financially healthy and being a storied franchise in a fairly large market are at a low risk for future financial difficulties. The average NFL market is about 23% smaller than the average MLB market. MLBs business model continues to be successful, with an average increase in team value of 4% over 2019. The 2018 Cardinals were dead last in this measure, a woeful 15% of the average team. If McCourt successfully sells the team to a multi-billionaire with the wherewithal to turn things around quickly, great, but for now, internal factors pull down a team blessed with almost unparalleled external opportunities. If they aren't, they are creeping nearer. A separate table including secondary markets could be done, but, that would get tricky. Dirt. MLB: World Series titles won by team 1903-2022 Professional Sports Major League Baseball - payroll (opening day) by team 2022 Professional Sports Major League Baseball (MLB) minimum. Gonna have to disagree with you not including MLS despite the obvious retorts coming. Cincinnati is neither a bustling metropolis nor a massive media market, but the Reds have a lovely riverside ballpark that has been a cash cow for nearly a decade. [2], The latest ranking reported that the New York Yankees is the most valuable MLB franchise after the 2021 MLB season. total population 21,348,791. It could conceivably create an underclass of teams unable to compete for reasons financial and infrastructural. Jersey has no identity of its own. Like the Reds, the Tigers benefit from the duration and intimacy of their bond with the city they call home. The Upper Midwest poses a strange climate for sports, as Wisconsin proves. Liberty Media, however, does not have great interest in availing itself of those resources. Most fans, though, might have a mistaken vision of what that means for a dozen or so teams around the league. Another is that U.S. Cellular Field is a bit of a dump, by modern ballpark standards. Accessed May 01, 2023. https://www.statista.com/statistics/193645/revenue-of-major-league-baseball-teams-in-2010/, Forbes. The Youngstown, Toledo, Columbus, Erie, and Zanesville markets boarder the Cleveland market. The Brewers pulled in $111 per fan, and the Cards $103. to incorporate the statistic into your presentation at any time. MLS has grown to 28 teams and has been around for 25+ years and I think has at least equal interest in some parts of the country as the NHL. While we can say the team greatly underperformed in 2018, to truly make a judgement on managements performance using this number, we would need at least a five-year trend. Focusing on the St. Louis Cardinals and their peers in the National League Central Division include one financial behemoth and four pawns. Wrong, Cleveland draws exceptionally well compare to the product. Milwaukee is a separate market from Green Bay for Nielsen purposes. A strange history makes strange the Cardinals' current circumstances. The 40-man roster for each MLB team is broken down into position players and pitchers. The famously rich TV contract that kicks in in 2014 should make the Rangers even bigger spenders in coming years. Join The Cardinal Nation for the most comprehensive coverage of the St. Louis Cardinals from the majors through the entire minor league system. Its owners, Rogers Sports Net, should well be able to capitalize on the tremendous media revenue potential in Toronto. Football still rules the city, and for that matter, the state. Even since the 2005 World Series title the Sox brought home, Chicago remains a Cubs town, and the Cubs will always gobble up most of the tourist money, merchandise money, ad revenue and prime media real estate in the city. Within those umbrella categories, smaller factions exist. Rank. The revenue exclusivity of the area helps in a way, but the removal from downtown Chicago is a disadvantage, too. Still, the team managed to set a single-season franchise attendance record in 2019 of 3,974,30949,066 per gameincluding 28 sellouts. Look up metro population. Are you interested in testing our business solutions? 2020 The Cardinal Nation, thecardinalnation.com. The week of Opening Day 2021 (March 28 through . We are happy to help. Sportico's MLB Valuations Please create an employee account to be able to mark statistics as favorites. MLB ratings: 2021 World Series television ratings improve, still long The Bengals do not intrude much on the Reds' market share for sports in Cincinnati, nor does the city host an NBA or NHL team. Since then, the team has drafted and signed young players aggressively, focusing more on landing premium talent in amateur markets than on hedging bets. San Diegos market is just the county of San Diego, nothing more (Tijuana does not count). You can only download this statistic as a Premium user. The history of Cardinals baseball is rich, and there are so many great players in the teams genealogy. ", "How Major League Soccer Plans To Overtake Baseball", https://en.wikipedia.org/w/index.php?title=Forbes_list_of_the_most_valuable_MLB_clubs&oldid=1151239538, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 22 April 2023, at 19:37. This statistic is not included in your account. The City of Baltimore is #26 on the list. Heres a map of the markets for everyones reference: https://www.thevab.com/wp-content/uploads/2018/05/2017-2018-TV-DMA-Map.pdf. This is a tribute to everyone who has played a part in this storied organization over the last 140 years. Intimacy is currency for the people of the Twin Cities. On the negative side, the Cardinals are not in the top 10 for financial strength. Play Ball Youth Baseball & Softball. A paid subscription is required for full access. Richest owners of MLB teams in the U.S. in 2022 Richest owners of MLB teams in the U.S. in 2022 Wealthiest owners of Major League Baseball (MLB) teams in the United States in 2022 (in. The tragedy of the Blue Jays' situation is that the team need not feel intimidated by the Yankees and Red Sox. Seems kind of moronic to state the Packers are in Milwaukees market and make Milwaukee a three-sport town. [1] These areas are supported by applying financial metrics such as debt and operating income to each one. But according this, the market is only 1.855 million households. Next is a view of which teams have the highest percent of their total expenses as player costs. Capitalizing on some very successful local conglomerates, they have also found ways to print corporate money when it's really important. The media market is middling and the city itself is more inclined to football (and sometimes even soccer), but the Mariners have an underrated park, a wealthy owner (even as MLB owners go) and enough star power to keep fans coming to the park even in lean times. As the Steelers demonstrate, fans will follow where wins lead. TCNs New 2020 Prospect Guide. Thus, I do not put much emphasis on a one-year record. Forbes compiles the finances of all 30 MLB teams to produce an annual ranking of the best franchises in terms of valuation. The Cubs are the highest risk venture in the NL Central thanks to the second-most debt in the majors at $416 million. As a Premium user you get access to background information and details about the release of this statistic. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Major pro sports teams ranked by market size. [4], Several media outlets have referenced in related news or conducts analytic journalism when the ranking comes out, such as USA Today and Yahoo!. The biggest downside in Cleveland is the size of the media market. Nielsens estimates only cover U.S. markets. Teams can spend as they see fit, so things like market size and fanbase matter insofar as they can impact a team's ability to make the right decisions without regard to cost. They are the Colorado Rockies, St. Louis Cardinals, and Cincinnati Reds. Using the Cardinals for example, the Yankees revenue is $300 million more than the Redbirds, while their player expenses are only $38 million more. 1 and are about three times as popular as you'd guess from the size of the Boston media market. Baseball Markets by Al Streit As of 2022, the top five markets remain the same as in previous years New York, Los Angeles, Chicago, Philadelphia and Dallas-Ft. Worth. The other four NL Central teams have a market size between 1.6 million (Brewers) and 2.8 million (Cardinals). Still, one can take this information, apply accounting principles to it, and make relative assessments of each organizations financial health. 2020 Baseball Standings | MLB.com Pittsburgh is a small market, but not a tiny one. This is what follows, including a summary data table at the end. The Pirates are being conservative, no doubt a bit cautious after the blunder in giving up considerable talent in return for Chris Archer. But they do bring in well above average operating Income, and thus are not in an overly risky financial position, nor are they overly aggressive. Most Super Bowl wins by NFL team 1967-2023, Average ticket price in the NFL by team 2021, FIFA World Ranking: top male soccer teams 2022, Athletic footwear global market share by company 2015, Health & Fitness Clubs - Statistics & Facts, Sporting goods industry in the U.S. - statistics & facts, Research expert covering sports and video gaming, Profit from additional features with an Employee Account. Power Ranking All 30 MLB Teams by Market Size Below are the elements that compose the value of the league's 30 franchises, which are collectively worth $69 billion. [10][11][12], Rankings as of March 23, 2023 (2022 MLB season)[2]. Business Solutions including all features. The List. The official 2020 standings for Major League Baseball. While the sheer area of the Rockies' TV rights territory is large, the number of viable fans to be reached in that area is small. MLB franchise values US 2022 | Statista Standings. Busch Stadium is a lovely facility, and the team has profited nicely from it. Total revenue of the global sports apparel market from 2021 to 2026 (in billion U.S. dollars) Size of the global sports market in 2018 and 2023, by product category Size of the global.