South Side Hit Men Posted April 1 Share Posted April 1 https://www.forbes.com/sites/chrisdobstaff/2024/03/28/diving-into-the-business-of-baseball-for-the-2024-mlb-season/?sh=72aedde8357c The link above provides information about the league in general, and team by team breakouts. I will have a few posts in this thread covering both the 2023 income/expense components, and also a rank of teams by total income (earned income + unrealized capital gains) over the past 11 seasons. Changes in Valuation Rank Positions (+/- 2 or more): Increase: Philadelphia (#9 to #7) & Cincinnati (#28 to #26). Decrease: YOY Change in Stadium Capacity: Blue Jays 49,282 to 41,500. Changes in Ownership: San Diego (Peter Seidler to Peter Seidler Estate) & Baltimore (Peter Angelos to David Rubenstein, Angelos Family) The White Sox Rank As Follows (2024 Value, 2013-2023 Income): Valuation Components: 15th Overall Value; 2nd Shared MLB Revenue *; 16th Market; 17th Stadium; 15th Brand; Tied 5th Population. Income Components: 19th Net Income; 15th Increase in Value; 22nd Revenue; 19th Player Payroll. Stadium: 1 of 24 Publicly Purchased Stadiums; 12th Capacity; Tied 19th Average 2023 Ticket Price; Tied 25th Revenue Per Fan; 24th Gate Receipts. 2024 Record Difference Required for the White Sox to be dead last overall across MLB 2013-2024: Colorado (3 Games Better); Miami (23 1/2 Games Better). Total Net Gain by Team (2013-2023) 2024 Team Value (Win - Loss Rank & Percentage) Team [NI = Net Income NL = Net Loss UCG = Unrealized Capital Gains] $4.967 B $7.550 B (#2 .560) New York Yankees [NL $82.9 M $5.050 B UCG] $3.654 B $4.225 B (#9 .519) Chicago Cubs [NI $629.3 M $3.025 B UCG] $3.589 B $4.500 B (#8 .533) Boston Red Sox [NI $588.7 M $3.000 B UCG] $3.438 B $5.450 B (#1 .613) Los Angeles Dodgers [NL $12.2 M $3.450 B UCG] $3.429 B $3.800 B (#14 .503) San Francisco Giants [NI $629.3 M $2.800 B UCG] $2.526 B $2.800 B (#7 .535) Atlanta N. L. Baseball Club [NI $456.4 M $2.070 B UCG] $2.408 B $2.425 B (#3 .549) Houston Astros [NI $513.1 M $1.895 B UCG] $2.178 B $2.700 B (#18 .486) Los Angeles Angels [NI $252.8 M $1.925 B UCG] $2.159 B $2.925 B (#21 .473) Philadelphia Phillies [NI $208.5 M $1.950 B UCG] $2.134 B $2.550 B (#5 .548) Saint Louis Cardinals [NI $403.6 M $1.730 B UCG] $1.825 B $2.400 B (#19 .478) Texas Rangers [NI $249.9 M $1.575 B UCG] $1.808 B $2.200 B (#12 .506) Seattle Mariners [NI $318.1 M $1.490 B UCG] $1.708 B $3.000 B (#15 .501) New York Mets [NL $491.6 M $2.200 B UCG] $1.563 B $2.000 B (#13 .505) Washington Nationals [NI $263.3 M $1.300 B UCG] $1.488 B $2.050 B (#28 .453) Chicago White Sox [NI $132.9 M $1.355 B UCG] $1.395 B $1.725 B (#23 .469) Baltimore Orioles [NI $290.2 M $1.105 B UCG] $1.361 B $1.605 B (#10 .518) Milwaukee Brewers [NI $321.1 M $1.040 B UCG] $1.293 B $2.100 B (#11 .511) Toronto Blue Jays [NL $196.8 M $1.490 B UCG] $1.206 B $1.320 B (#20 .478) Pittsburgh Pirates [NI $457.7 M $0.748 B UCG] $1.146 B $1.780 B (#22 .470) San Diego Padres [NL $19.1 M $1.165 B UCG] $1.085 B $1.350 B (#4 .549) Cleveland Guardians [NI $304.9 M $0.780 B UCG] $1.063 B $1.425 B (#24 .469) Arizona Diamondbacks [NI $223.4 M $0.840 B UCG] $1.046 B $1.250 B (#6 .540) Tampa Bay Rays [NI $280.9 M $0.765 B UCG] $0.988 B $1.460 B (#17 .486) Minnesota Twins [NI $133.0 M $0.855 B UCG] $0.949 B $1.475 B (#29 .452) Colorado Rockies [NI $48.7 M $0.900 B UCG] $0.904 B $1.225 B (#25 .458) Kansas City Royals [NI $168.5 M $0.735 B UCG] $0.839 B $1.200 B (#16 .489) Oakland Athletics [NI $134.2 M $0.705 B UCG] $0.746 B $1.260 B (#26 .456) Cincinnati Reds [NI $86.4 M $0.660 B UCG] $0.715 B $1.450 B (#27 .455) Detroit Tigers [NL $55.2 M $0.770 B UCG] $0.433 B $1.000 B (#30 .439) Miami Marlins [NL $67.4 M $0.500 B UCG] Note * - Not a reflection of the Competitive Balance Tax, but rather the beneficiary of their contribution to MLB revenue as a whole, versus what they take out of the overall pie. Quote Link to comment Share on other sites More sharing options...
southsider2k5 Posted April 1 Share Posted April 1 Weird it was left out... But on paper the Sox lost another $28 million in 2023. That makes 4 straight years of paper loses totaling over $125 million. Quote Link to comment Share on other sites More sharing options...
Lightly Folded Posted April 1 Share Posted April 1 3 minutes ago, southsider2k5 said: Weird it was left out... But on paper the Sox lost another $28 million in 2023. That makes 4 straight years of paper loses totaling over $125 million. Sounds like this team needs to move somewhere. Four straight years of paper loses means it’s time to back up the moving van and head to greener pastures. Fresh air somewhere. That’s the ticket. Most of Chicago hates the White Sox. Even the majority of so-called Sox fan hate the Sox and want them to leave town. The media and in particular the sports media hates the Sox and wants them gone as far away as possible. They’d prefer Chicago as a one team mlb club city. Quote Link to comment Share on other sites More sharing options...
Balta1701 Posted April 1 Share Posted April 1 There's no way I'm reading this right, Forbes thinks the Mets lost $500 million last year? That's greater than their entire payroll expenditure including the luxury tax dollars. Quote Link to comment Share on other sites More sharing options...
South Side Hit Men Posted April 1 Author Share Posted April 1 (edited) 39 minutes ago, southsider2k5 said: Weird it was left out... But on paper the Sox lost another $28 million in 2023. That makes 4 straight years of paper loses totaling over $125 million. Wasn't "left out". Wasn't going to replicate what everyone can find in the link provided. The 11 year average (the extent of data I can find online) smooths out ebbs and flows of revenue / expenses. The Sox made a net $132.9M over the past 11 years (doesn't include "non baseball revenue" or other entities such as the RSN. Sox lost $130.5M the past four years per Forbes. They made $263.4M between 2013 (a $2.9M loss) and 2019, for a net $132.9M in income 2013-2023. Edited April 1 by South Side Hit Men Quote Link to comment Share on other sites More sharing options...
South Side Hit Men Posted April 1 Author Share Posted April 1 1 minute ago, Balta1701 said: There's no way I'm reading this right, Forbes thinks the Mets lost $500 million last year? That's greater than their entire payroll expenditure including the luxury tax dollars. The three amounts are cumulative over the 11 years of data available online. People can click this link to only see 2023 income / 2024 valuations. https://www.forbes.com/mlb-valuations/list/ The Mets lost $292M in 2023, so over half of their cumulative $492M loss between 2013-2023. Quote Link to comment Share on other sites More sharing options...
fathom Posted April 1 Share Posted April 1 37 minutes ago, Lightly Folded said: Sounds like this team needs to move somewhere. Four straight years of paper loses means it’s time to back up the moving van and head to greener pastures. Fresh air somewhere. That’s the ticket. Most of Chicago hates the White Sox. Even the majority of so-called Sox fan hate the Sox and want them to leave town. The media and in particular the sports media hates the Sox and wants them gone as far away as possible. They’d prefer Chicago as a one team mlb club city. Sox pr spokesman Bob Nightengale said the Sox moving to Nashville was “foolish”…..Nashville is getting an expansion team. Quote Link to comment Share on other sites More sharing options...
South Side Hit Men Posted April 1 Author Share Posted April 1 (edited) If anyone has a link to online Forbes Business of Baseball data before 2013, please reply or DM. Edited April 2 by South Side Hit Men Quote Link to comment Share on other sites More sharing options...
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