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Thread: Forbes: Reds worth $337M, Indians $417M, Yankees $1.31B

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    RZ Chamber of Commerce Unassisted's Avatar
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    Forbes: Reds worth $337M, Indians $417M, Yankees $1.31B

    http://charlotte.bizjournals.com/col...21/daily8.html

    Forbes: Reds value pegged at $337M; Indians, $417M

    The Cincinnati Reds and Cleveland Indians are worth upward of $300 million, according to a new Forbes magazine ranking, but that's not anywhere near top-of-the-line for Major League Baseball.
    The Reds ranked 23rd out of 30 in valuation for Forbes' 2007 "The Business of Baseball" ranking. That accounts for a value of $337 million, up 10 percent from 2006, along with revenue of $161 million and operating income of $19.3 million.

    The team's valuation is determined by the value of its current stadium deal without a deduction for debt.

    By contrast, the Cleveland Indians ranked 15th with a valuation of $417 million, revenue of $181 million and operating income of $29.2 million.
    The top-valued franchise, the New York Yankees, was pegged at $1.31 billion, up 9 percent from the year before. The lowest-ranked franchise for 2007 was the Florida Marlins, with a value of $256 million.

    Other details on Ohio's two major-league teams, compared with the top-ranked Yankees:
    • Reds: player expenses, $86 million; gate receipts, $42 million; and average ticket price, $18.
    • Indians: player expenses, $82 million; gate receipts, $54 million; and average ticket price, $21.
    • Yankees: player expenses, $253 million; gate receipts, $171 million; and average ticket price, $29.
    For more details on the Forbes baseball ranking, click here.
    /r/reds

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    Member klw's Avatar
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    Re: Forbes: Reds worth $337M, Indians $417M, Yankees $1.31B

    Out of my price range.

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    Member Jpup's Avatar
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    Re: Forbes: Reds worth $337M, Indians $417M, Yankees $1.31B

    3 words:

    Sell more tickets.
    "My mission is to be the ray of hope, the guy who stands out there on that beautiful field and owns up to his mistakes and lets people know it's never completely hopeless, no matter how bad it seems at the time. I have a platform and a message, and now I go to bed at night, sober and happy, praying I can be a good messenger." -Josh Hamilton

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    Redsmetz redsmetz's Avatar
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    Re: Forbes: Reds worth $337M, Indians $417M, Yankees $1.31B

    Reds: player expenses, $86 million; gate receipts, $42 million; and average ticket price, $18.
    Wow, the profit sharing of other revenues must be huge if the team can make up that sort of shortfall versus their payroll costs. Anybody have any idea about those numbers?
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    Tired of talk. Win! Joseph's Avatar
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    Re: Forbes: Reds worth $337M, Indians $417M, Yankees $1.31B

    Quote Originally Posted by Jpup View Post
    3 words:

    Sell more tickets.
    Winning usually takes care of that.

    Championships for MY teams in my lifetime:
    Cincinnati Reds - 75, 76, 90
    Chicago Blackhawks - 10, 13
    University of Kentucky - 78, 96, 98, 12
    Cincinnati Bengals - None
    Chicago Bulls - 91, 92, 93, 96, 97, 98

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    Member Jpup's Avatar
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    Re: Forbes: Reds worth $337M, Indians $417M, Yankees $1.31B

    Quote Originally Posted by Joseph View Post
    Winning usually takes care of that.
    that was my point.
    "My mission is to be the ray of hope, the guy who stands out there on that beautiful field and owns up to his mistakes and lets people know it's never completely hopeless, no matter how bad it seems at the time. I have a platform and a message, and now I go to bed at night, sober and happy, praying I can be a good messenger." -Josh Hamilton

  8. #7
    Where's my chair? REDREAD's Avatar
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    Re: Forbes: Reds worth $337M, Indians $417M, Yankees $1.31B

    Quote Originally Posted by redsmetz View Post
    Wow, the profit sharing of other revenues must be huge if the team can make up that sort of shortfall versus their payroll costs. Anybody have any idea about those numbers?
    Fairly recently they announced that all clubs were getting something like 30 million per year for all the online media stuff. That's in addition to the obscene amount of cash MLB makes on TV, and in addition to revenue sharing the Reds get.

    Don't worry, they're turning a profit, despite what John Allen used to say
    Thank you Walt and Bob for going for it in 2010-2014!

    Nov. 13, 2007: One of the greatest days in Reds history: John Allen gets the boot!

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    Start the Reactor! *BaseClogger*'s Avatar
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    Re: Forbes: Reds worth $337M, Indians $417M, Yankees $1.31B

    Quote Originally Posted by REDREAD View Post
    That's in addition to the obscene amount of cash MLB makes on TV,
    MLB doesn't make nearly as much as the NFL on their national TV deal with Fox, ESPN, and TBS. Most of the TV money for the Reds comes from it FSN, but other teams like the Yankees and Red Sox that have their own regional broadcast networks make MUCH more revenue...
    "On-base percentage is great if you can score runs and do something with that on-base percentage," Baker said. "Clogging up the bases isn't that great to me."

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    Member redsrule2500's Avatar
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    Re: Forbes: Reds worth $337M, Indians $417M, Yankees $1.31B

    Quote Originally Posted by *BaseClogger* View Post
    MLB doesn't make nearly as much as the NFL on their national TV deal with Fox, ESPN, and TBS. Most of the TV money for the Reds comes from it FSN, but other teams like the Yankees and Red Sox that have their own regional broadcast networks make MUCH more revenue...
    or the Indians with STO
    redsrule2500
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