You know why the Giants spent $10 million on a scoreboard this season? No team in baseball makes more money on average from their fans than the Giants do. Now, maybe you don’t consider a huge scoreboard to be a reason to go watch a bad baseball team, but the Giants want you to feel comfortable in Oracle Park should you decide to bite the bullet.
This morning, Forbes released its annual team valuation report for Major League Baseball teams and wouldn’t you know it the Giants are now worth $3 billion. That’s up 5% from Forbes’ valuation from last year and represents a 13% increase in value in just two years — again, according to Forbes’ analysis, which is imprecise and open to criticism.