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Royals now valued at more than $1 billion, according to Forbes | The Kansas City Star

The Royals dropped three spots in Forbes' annual list of Major League Baseball team valuations, which were released Wednesday.

All but one team is worth at least $1 billion, and the Royals are valued at $1.015 billion, which was 27th in baseball. A year ago, the Royals were valued at $950 million, which ranked them 24th in baseball. Two years earlier, Forbes ranked the Royals 25th with a value of $865 million.

David Glass bought the Royals for $96 million in 2000.

It wasn't all good news for the Royals. The Forbes story says the Royals lost $17 million in 2017, one of six teams with an operating loss.