Ratto: Explaining Forbes' MLB valuations

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March 25, 2011RATTO ARCHIVEGIANTS PAGEGIANTSVIDEO
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Ray RattoCSNBayArea.com

Owners always say that Forbes annual valuations of their franchises are false, which as good a reason as any to believe them completely. Thus, when Forbes emitted its new baseball list, here are some things that popped out:1. The Giants have picked up 69 million in overall value and lowered their debt valuation to 21 million in the last year. Yay Bearded Freakthong!2. The As are worth 16 million less (307 million) but have made about a 125 million profit in the Fisher-Wolff era. Yay revenue sharing!3. The Giants like to say they are keeping the As alive, but they have made about 75 million in the last three years. Yay revenue generation!
4. The top 11 teams are worth as much as the bottom 19, more or less. Yay St. Louis Cardinals!5. Seven teams are carrying more than 50 percent debt load, the road to hell that is crushing the Dodgers and Mets. Boo Cardinals, Tigers, Nationals, Cubs and Rangers!6. The Tigers have lost 85 million in the last three years. Boo recession!7. The Braves and Blue Jays carry no debt. Yay 1992!
8. The Mets and Indians are the two teams that lost value last year. Boo whoever Clevelands Bernie Madoff is!9. The Padres, Nationals and Dodgers made the most money. Yay accountants!
10. The Giants have appreciated 600 percent since 1992. Yay Barry Bonds!
10A. The Giants have appreciated 240 percent since 1998. Yay steroids!What'syour take? Email Rayand let him know. He may use it in his Mailbag. Follow Ray on Twitter @RattoCSN.

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