Thursday, April 8, 2010

Astros rank 11th on Forbes' annual list

Forbes released its annual baseball franchise financial rankings. What do we see? The Astros are 11th, picking up a spot over 2009.

Courtesy, Forbes:

Value: $453 million (+2%)
Revenues: $189 million

Keep in mind, the Astros last year were worth $445 million, with $195 million in revenue.

The ten teams valued higher than the Astros:
1. NYY ($1.6b. Yep, billion)
2. BOS ($870m)
3. NYM ($858m)
4. LAD ($727m)
5. CHC ($726m)
6. PHI ($537m)
7. LAA ($521m)
8. STL ($488m)
9. SFG ($483m)
10. CWS ($466m)

Only a handful of teams actually lost value from 2009: Cleveland (-2%), Washington (-5%), Arizona (-3%), Baltimore (-6%), Cincinnati (-3%), Toronto (8%), Tampa Bay (-1%), and Oakland (-8%). Big gainers of the year were the Marlins (+15%), Twins (+14%), and Rangers (+11%).