The Forbes annual report The Business of Baseball came out yesterday. Readers here will be familiar with this report, as it is often cited, most often by me, when discussing club finances.
First the numbers: Note that the report is published as the “2020” report, but it’s covering the 2019 year end. So the year showing in these tables are the actual year, or in other words Report Year minus 1.
- Franchise Value has remained unchanged between 2018 to 2019, estimated at 129 Billion over the last two years, but has more than tripled since 2010
- Revenue only increased about 3M from 2018 to 2019, but has grown 54% since 2010
- Player Expenses (Payroll + Benefits Approx 15M) as % of Revenue fell below league avg