paroxetine 20mg treatment for hot flashes ciprodex ear drops price herbal viagra tablets where can i buy orlistat premarin without prescription canada zyvoxid prospect park buy cheap clomid online omifin embarazo de gemelos pentrexyl ampicilina caps cheap valtrex no prescription azitromicin fda for infants generic cialis no rx antibioticsfor sale vistaril and pregnancy risks pravastatin and grapefruit side effects caffeine and pregnancy second trimester estrace side effects ivf levitra professional generic update on cafergot suppositories berifen 100 mg trazodone olanzapine for sale next day delivery zyvox non prescription free shipping liipitor prednisone pharmacy for pets acquisto viagra femminile diarex magnum router manualdiazepam purchase biaxin super levetra pay pal viagra super active 150mg bactroban 2 ointment uses brand viagrafrommexico alli diet vimax pills in pakistan price whexenical no prior prescritption doxycap capsule cam pinamox suspension training levitra costo farmacia confidex ingredients in marshmallows buy priligy dapoxetine tablets online noprescriptionneeded 5mg cialis epogen dosing in jehovah periostat 20mg periodontal disease prevacid coupon 5$ omnicef discontinued lipitor generics at walmart buy accutane canadian pharmacy online baclofen high how many to get high free viagra by mail desogen patient reviews tylenol 3 codeine mg metformin on line free duetact coupon aldactone spironolactone side effects buy levitra generic online doxycycline dosage for lyme buy clomid online with fast shipping tryptizol 25mg benadryl generic hydrochloride trihydrate dune mentat mantra canaian meds prevacid 30 mg side effects increasing breast milk supply naturally ceftin side effects medication pramipexole and bodybuilding sotalex medicine man keflex for uti treatment topamax dosage for weight loss topiramate nizagara for sale withdrawal symptoms of prilosec buy brandcialis usa online pharmacy androgel testosterone gel for sale costco hours san jose cheap medicine from mexico nuvigil side effects reviews can i buy augmentin online in canada yasmine akram images robaxin muscle relaxers acyclovir ointment 5 catafast dosage for amoxicillin pentrexyl 500 mg capsules drug interaction laxadin bisacodyl 10mg levamisole wormer priligy vendo india doxycycline dosage for sinus infection fluoxetine for dogs 40 mg buy suprax 400mg xenical over the counter over the buy clamelle azithromycin 500mg tablets pulmicort flexhaler manufacturer coupons ropinirole 0.25 mg drug side effects catafast 50mg anavar zyloprim contraindications viagra pills on sale buy online doxycycline terbinafine and alcohol use avedox fc cyclidox capsules vs tablets rimonabant weight loss drug walgreens careers application online side effect of perkinil tablet comparison lidoderm pain patches used cheap cymbalta 60 mg mupirocin uses diazepam information magnesium side effects too much generic alternative to cialis la marathon generic dapoxetine uk trental medication pentoxifylline dutasteride hair loss forum blue pill revatio 20 mg side effect floxin antibiotics singulair side effects in adults cheap cialis 20mg tablets in australia over the counter lotrasine promethazine 12.5mg suppositories why was relafen discontinued where to buy lipitor online seroquel for anxiety and depression jasmine waltz david arquette tofranil medication advantage car rental coupons discount codes cymbalta cambodia reglan dosage for rabbits sinequanone definition of leadership advantage real estate moberly mo citrate of magnesia laxative bottles benazepril hcl 40mg canesoral price can metronidazole throw off your period pfizer viagra discount non prescription colchinine propecia online australia is omnicef for sinus infections cordarone package insert astelin nasal spray antihistamines canada pharmacy 24h cardura 8 mg etodolac 300 mg capsule tar canesoral for men pilexil spray paint prostata sintomas y prevencion de accidentes phenergan side effects during pregnancy chinese herbal viagra uk novolog insulin sliding scale chart magnesium citrate liquid laxative warfarin foods to avoid alphagan p 0.1 drops cheap lexapro flucoanazole for ear infestations advair coupon $50 medicap pharmacy virga comprar viagra online domperidone breastfeeding success septra side effects sweating danazol use for men astelin pediatric dosage tadalafil cheapest online price india levitra 20mg on web viagra online prescription tablete za potenciju srbija stromectol dose for scabies prevacid coupons printable 2013 non generic prednisone online orderpharma reviews on vigrx buying roaccutane online lopressor side effects hair loss dormidina opiniones termas meprate dosage calculations clindamicina dosis pediatrica bing quality online viagra canada acyclovir philippines buying pills online westhroid medications cyclidox capsules empty abana insurance san antonio cyclidox 100mg treatment lortab withdrawal symptoms drug rocaltrol 0.25 mcg capsule marcumar drug testing viagra uk suppliers what kind of doctor prescribes cialis buy fda approved cipro caffergot canadian brand viagra buy can u buy clomid on line viagra senior chlamydia pneumoniae causes elocon mometasone furoate lotion toprol medication for migraines citrate magnesium laxative sialis tablets cialis generique tadalafil comprimes viagra by mail canada ventolin inhalers online ramipril side effects drug synthroid no prescription pharmacy cheap hcg for pctgg escitalopram 5mg without prescription estrace coupon card evista for osteoporosis treatment meds from canada no prescription cost of domperidone canada viagra discounts from pfizer neurontin 800 mg street value dalacin c 300 mg medication antibiotics from mexico lozol 2.5mg canadian pharmacy nizagara ma©thotrexate et clomid samonas prime moving & storage can i buy viagra in cvs pharmacy 387 starlix 120 mg side effects diamox side effects acetazolamide 500 aldactone for acne results levlen birth control and acne viagra pharmacy canada pillmedica com review cialis tabs cenveo stock quote zanaflex dosage 4mg buying viagra online doha zoloft medication for anxiety viagra pas cher teladifil canada buy arthrotec medication uses voltaren gel user reviews side effects of dyazide medication fluoxetine capsules side effects canada pharmacies on line delivery duloxetine hcl dr side effects clomid for men uk amphetamine salts 20mg viagra ohne kreditkarte kaufen bupropion hcl 150mg xl mobicox 15 mg indicaciones selvigon augmentin bid 1000 mg garlic aioli recipe with mayonnaise mavidol tr para que sirve walgreens photo center coupon ropinerole no prescription synthyroid no rx free shipping digoxin and potassium level of 2.9 pharmacy technician salary cvs al posto del viagra isoniazid and alcohol use asthma medications over the counter viagra kaufen paypal bezahlen amlodipine besylate 2.5mg price lisinopril side effects medicationsro hester 1982 axe murder unsolved maxalt generic release date what is obestat 10 free colcrys manufacturercolospa rocket stoves construction topical amikacin for dogs www cheap cealis lowest price cialis 20mg brand in usa duetact generic viagra pharmacy viagra echeck accepted relafen uses for finasteride withdrawal symptoms betyl from canada without prescription diroton drugs diclofenaco de sodio 100 cialis men cialis from india 40 photos of pregnant celebrities 2015 aldactone 100 mg side effects c r walgreen prostitute cialis viagara discussion forum obat nizoral tapiales construccion losartan 50 mg tablets side effect pfizer coupons how to purchasr black ant pills where to buy metformin in canada zovirax acyclovir medication buy online sildegra tablet computers stieva a review tablete za mrsavljenje prozac for sale online where to buy viagra in switzerland tenormin dosage information cialis free trial canada women seeking men craigslist levitra by phone amaryl how to buy can you buy zithromax in stores female viagra free sample amikacin drug medication side effects ephedraxin reviews for 50 can i buy albuterol over the counter etodolac 300 mg capsule side effects androgel bodybuilding androgel testosterone effexor et douleur hydroxyzine pamoate 50mg side effects buying antibiotics online viramune xr 400 mg price of abilify at costco zyvoxid pfizer news optimmune ointment for cats cozaar blood pressure price teva amoxicillin 500 mg side effects 26 software engineering schools levofloxacin hydrochloride eye drops periactine acheter en ligne zantac 300 side effects medication levaquin side effects lawsuit texas how to get high on gabapentin como comprar viagra no canada fluconazole 150mg treatment for urinary tract infection buy dapoxetine online usa vitamin b12 foods aggrenox 25 200 mg capsules pulmicort side effects minoxidil shampoo side effects claritin reditabs careprost for lashes by online cost of cialis daily dose mirapex dosage for restless legs clozapine drug class cipralex side effects depression diroton 5mg cialis cheap wellbutrin xl no prescription prevacid dosage information clomhexal kaufen comprar cytotec en usa order orlistat dormidina opiniones del cialis uk sales methocarbamol street value buy dilantin no prescription prevacid side effects long term use xenical diet pills obesity clomid success rate cycle clomid 100mg cheap viagra online canada pharmacy discount nexium elavil severe withdrawal symptomseldepryl clozapine withdrawal symptoms webmd medrol 4mg dosepak directions lanoxin side effects digoxin ezetimibe 10mg tablets cialis 5mg 30 pack cheap wellbutrin weight loss antidepressants side effects mercury pharmacy in the philippines viagra new york city lasaoren removal guide taking 2 levitra on abcpharmact canada romanian pharmacy online thyroxine levels newborn vagiral ovulos metronidazol anastrozole 1 mg men the best viagra pills cialis best preis bestellen best place to buy viagra avodart 0.5 mg side effects e buy uk malaseb shampoo gallon size levitra order online prednisone and alcohol reactions tablete za kontracepciju jazz viagra online worldwide shipping 367 suhagra healthy man viagra complaints synthroid and weight loss medication zestril 20mg image evista generic ciales poultry in chicago online doctor for viagra cost of viagra in kenya pulmicort flexhaler instructions video metoprolol succ er 25mg viagra belgium non prescription minocycline what is azithromycin 250 mg used for depomedrol side effects in cats buying drugs online is easy but illegal vilches radio viasek 50 mg viagra cholesterol medications atorvastatin who sells pheromones and attraction cafergot in target pharmacy nexium vs aciphex medication haldol dosage range prometrium suppositories pregnancy great online pharmacy cialis usa what is the price of viagra in india underground cialis duroval pills and potionsduvadilan generic viagra soft 100mg donepezil 10 mg hallucinations cheapest levitra 20mg fluoxetine prozac antidepressants search translate google http pharmac zenegra online uk yasmine bleeth photos lipothin 200 fenofibrate generic promethazine 12.5mg tab over the counter generic prednisone para que sirve el antifludes lasix generic online mastercard metformin weight loss reviews buy lexapro from india cytoxan side effects cyclophosphamide levitra manufacturer coupon canadian express phramcy obat arimidex bystolic generic nebivolol allercet tabletsalliallopurallpills medicstar online medicines for cats la voz de maria padre chelo cheap doxycycline hyclate 100mg propecia on the phone order norvasc amlodipine besylate side effects puretone music atosil nebenwirkungen chemotherapie danazol treatment cymbalta side effects withdrawal telefoane si tablete de vanzaretadacip viagra men rite aid amlodipine besylate 5mg and alcohol bonadoxina pfizer dosis pastillas para adelgazar zanaflex medication viagra forum canada discount tadalafil 20mg comprar viagra en barcelona generic supplier of viagra nolvadex for pct dosage zoloft online uk clozaril side effects risk generika drugstore franchise deltasone 20mg ambien omeprazole dr 20 mg capsules tribulus terrestris efeitos colaterais methylprednisolone over the counter viagra pill price levofloxacin 500 mg for sinus infection drugs like viagra free trial cialis therapy dogs for sale venlafaxine er 75mg tamoxifen without prescription carafate medication information prednisone tablets for sale xpert health tamoxifen next day delivery lexapro weight loss or weight gain comprar viagra para animales where to buy domperidone dermizol crema bordeaux cvs canada cialis nizagara tablets india the ultimate herbal viagra alternative quien vende cialis en mexico eltroxin 0.1mg benicar 40 mg side effects fluoxetine 20mg online no prescription canadian pharcharmy online cleocin hcl antibiotic nizoral shampoo hair loss side effects phenergan medication wellbutrin dosage amounts what is diclofenaco tiamina piridoxina cianocobalamina polarmeds pharmacy technician tenormin medications cialis black for sale cuckold definition shakespearean gold viagra kanguro vicodin and alcohol and liver damage vilches radio stations whats in fake accutane bought online prilosec otc pepcid ac better canadian pharms super cialis with dapoxine folcres panalab oxa xeloda colon cancer drug cost crestor medication assistance program bentyl dosage and administration astelin nasal spray antihistamine billige viagra pranolol medication order order zestril lisinopril buy letrozole online zestoretic without script rogaine for women hair regrowth treatment fasigyn tablets information now viagra 100mg preis ed supplements overnight lasix furosemide dose metoprolol tartrate side effects 25mg buy z pak no prescription flovent hfa 110 mcg coupon zocor generic price discount cialis 60 mg anxiety definition dictionary best prices on cialis xenical weight loss pills
Home Maury Brown Inside the 2009 Forbes MLB Franchise Valuations

Like Shoot to Thrill - An AC/DC Tribute on Facebook!

An authentic tribute of AC/DC that covers the best of the Bon Scott era and the best of Brian Johnson's material

Who's Online?

We have 1246 guests online

Atom RSS

Inside the 2009 Forbes MLB Franchise Valuations PDF Print E-mail
User Rating: / 43
PoorBest 
Written by Maury Brown   
Thursday, 23 April 2009 01:48

MLBNow in their 12th year, Michael K. Ozanian and Kurt Badenhausen have published the 2009 MLB franchise valuations for Forbes, and with it, the downturn in the economy has cast its shadow across the league.

(See historical Forbes valuations from 2002-2009)

The 30 clubs are valued at $14.475 billion, compared to $14.149 billion in 2008, an increase of 2.18 percent. However, the increases come mostly by way of the two New York clubs, both of which see new ballparks opening this year. The two clubs skew the average value of an MLB franchise to $482 million, with only 8 clubs seeing values higher than the league average (Yankees - $1.5 billion, Mets - $912 million, Red Sox - $833 million, Dodgers - $722 million, Cubs - $700 million, Angels - $509 million, Cardinals - $486 million).

As further reported by Forbes:

Team values increased an average of 1% over the past year to $482 million, an all-time high. Fueled by more ticket sales and television money, league revenue increased 5.5% to $5.8 billion (our figures are net of revenue used to finance stadium debt). Operating income (earnings before interest, taxes, depreciation and amortization) rose 1.8% to $501 million--another record.

Ten clubs see their values decrease from last year. They are:

  • Washington Nationals: $406 million, down 12 percent
  • Atlanta Braves: $446 million, down 10 percent
  • Seattle Mariners: $426 million, down 9 percent
  • Detroit Tigers: $371 million, down 9 percent
  • San Francisco Giants: $471 million, down 5 percent
  • Houston Astros: $445 million, down 4 percent
  • Cleveland Indians: $399 million, down 4 percent
  • Texas Rangers: $405 million, down 2 percent
  • Oakland Athletics: $319 million, down 1 percent
  • Pittsburgh Pirates: $288 million, down 1 percent

To add to these 10 clubs seeing declines in franchise value, 3 clubs (Cardinals, Orioles, and Blue Jays) see their values remain flat compared to last year.

The declines are the steepest since 2004 when 13 clubs saw decreases in valuation. And, to further place the declines in perspective, no club had decreased in valuation since 2005 when the Oakland A’s saw a 1 percent drop in their total franchise value.

Yankees Franchise Value

The Yankees are now worth $1.5 billion
and given the growth over the last few
years, don't expect it to level off any
time soon,
(CLICK TO SEE IN LARGER VIEW)

As mentioned, the New York clubs are what is offsetting the valuation declines for the league. The Yankees are now worth $1.5 billion, an increase of 15 percent over last year. (see the chart to the right to see how the Yankees have grown in value over the last 5 years). The Mets are coming up quick on $1 billion value, as well, posting a franchise value of $912 million, an increase of 11 percent from the year prior.

In the profit and loss department, based upon operating income, the Florida Marlins show a profit of $43.7 million. That comes on the heels of a $35.6 million operating income last year.

With a slap to the face of the revenue-sharing system, and a clear sign that Jeffery Loria loves living on welfare, he has now officially gotten the Marlins for free. As noted by Ozanian and Badenhausen:

Before the 2002 season Loria, who then owned the Montreal Expos, bought the Marlins for $158 million while MLB paid $120 million to take ownership of the Expos. The Marlins price was later reduced to $143 million, as stipulated in the purchase agreement, when the Marlins did not get a new stadium within five years. But during his seven years of owning the Marlins, Loria has received more money from baseball's revenue redistribution system than the amount he paid for the team. Now that is real money ball.

On the other side of the coin are the Detroit Tigers who see losses of $26.3 million. The reason?  Ozanian and Badenhausen cite the high player payroll that the Tigers carry (the club broke the Luxury Tax threshold last year), as well as the steep declines in season ticket sales due to the cratering of the auto industry in Detroit and owner Michael Ilitch’s gamble to raise ticket prices for "premium games" by $2 to $7 and many season ticket holders getting a similar price hike. The reason for the increase? The Tigers saw record attendance last year. As noted in the report, season ticket holders have fallen from 27,000 in 2008 to a reported 15,000 this year, and Ilitch’s gamble on ticket prices will have backfired if the team isn’t doing exceptionally well in the standings by the summer.

Overall, matters could have been far worse for MLB. If not for the Yankees and the Mets, building massive cathedrals of excess, the league would have surely seen a decline.

What will truly be interesting is next year. The Twins are adding a new stadium to the fold, but the declines at the sponsorship level, and the league bracing for attendance declines, possibly as high as 20 percent, it may be 2010 that the league sees the largest impact to the franchise value due to the faltering economy.


Maury BrownMaury Brown is the Founder and President of the Business of Sports Network, which includes The Biz of Baseball, The Biz of Football, The Biz of Basketball and The Biz of Hockey. He is contributor to Baseball Prospectus, and is available as a freelance writer. Brown's full bio is here. He looks forward to your comments via email and can be contacted through the Business of Sports Network.

Don't forget to register and log in on The Biz of Baseball site to get updates via your in-box, and see information only logged in members can see.

Subscribe to The Biz of Baseball, and follow the Business of Sports Network on Twitter Twitter

Add to GoogleAdd to My Yahoo!

Subscribe in   Bloglines


 
 
Banner

Poll

Should MLB Force Jeffery Loria to Sell the Marlins?