Oakland Athletics Plunges to Bottom of Forbes’ List
The Forbes’ List for the most valuable baseball team list is out, and the Oakland Athletics’ fans are not going to be happy once they see that their favorite team is ranked rather low in the list. The annual “Business of Baseball” compiled by Forbes placed the Oakland Athletics at No. 26 out of a total of 30 teams. They estimated value is approximately $323 million, whereas the total revenue for the entire team is $154 million while the operating income comes up to about $15.4 million.
In comparison, the San Francisco Giants made it to the eighth rank. Their value was relatively higher than that of the A’s, with a total of $494 million. Forbes’ list also reported that their revenue came up to be $197 million with a gross operating income of $19.9 million.
Fans of the New York Yankees will be overjoyed to hear that this team made it up to the top of the list with a whopping value of $1.3 billion. In contrast, the Florida Marlins are at the bottom with a mere value of $256 million.
April 21st, 2008