• News
  • Sports

The Most Valuable Team in Baseball Didn't Make the Playoffs Last Year

The Most Valuable Team in Baseball Didn't Make the Playoffs Last Year

Without a scientific formula, one may think that the $88 million surplus that the Phillies had in 2016 could dry up pretty quickly.

The Tigers spent more than $200 million on players previous year and are just shy of that mark in 2017.

Forbes reported Mike Ozanian notes that the Miami Marlins recently had a handshake deal to sell the franchise for $1.6 billion, although that deal fizzled. Large chunks of that payroll cut came thanks to the expiring contracts of Cliff Lee, Ryan Howard, and Roy Halladay along with trading away the bigger contracts of Cole Hamels and Jonathan Papelbon. The tenth-highest ranked franchise, the Washington Nationals, had a value of $1.6 billion with 23% growth compared to previous year.

John George of the Philadelphia Business Journal also pointed towards the lucrative $2.5 billion Comcast deal that just kicked in past year. Forbes' four most highly valued MLB franchises - the Red Sox, New York Yankees, Los Angeles Dodgers and Chicago Cubs - are four of the most recognizable franchises in all of the four major sports, and all are in enormous markets.

More news: Tillerson: 'There is no change' to US stance on Syria

Forbes said today it estimates the Yankees are worth $3.7 billion, up 9% from past year.

The New York Yankees were listed as the most valuable, at $3.7 billion.

At the bottom were the Tampa Bay Rays ($825 million), Oakland Athletics ($880 million), Cincinnati Reds ($915 million) and Cleveland Indians ($920 million).

Forbes also said that for last season, the average operating income (earnings before interest, taxes, depreciation and amortization) for all teams was $34 million, up 52 percent from 2015. With revenue increasing faster than costs, many teams are in the black right now.

Leave Your Comment

Leave Your Comment


Latest News

  • 'Boss Baby,' 'Beauty' outshine 'Smurfs 3' at box office

    'Boss Baby,' 'Beauty' outshine 'Smurfs 3' at box office

    Featuring the voices of Demi Lovato and Joe Manganiello, the movie reportedly cost $60 million to make. The North American haul for the live-action blockbuster will wind up at around $432.5 million.

    US general confident North Korean missile can be intercepted

    The North has defied the ban, saying it infringes on its sovereign rights to self-defence and the pursuit of space exploration. President Donald Trump and Chinese President Xi Jinping. "That decision would be up to the president", he told reporters.
    April the Giraffe born in our local region

    April the Giraffe born in our local region

    Ora is said to have delivered her youngster smoothly following a four-hour labour bringing an end to her 15-month pregnancy. Once sign labor is close is when a giraffe's water breaks, which can be a trickle of liquid or a heavier flow of mucus.
  • Fewer hurricanes for 2017, but three could be 'major'

    Fewer hurricanes for 2017, but three could be 'major'

    Out of those, his department forecasts 4 will become hurricanes, compared to the typical 6 to 7 in any given season. It only takes one storm to hit the coast to make an "inactive" season an "active" season for the ones affected.

    'N Korea blasts US strikes on Syria, says justify nukes'

    The launches are considered to be in violation with the corresponding resolution adopted by the United Nations. Mr Chang said Chinese leader Xi Jinping would have considered the strike as a "sign of disrespect to him".

    Davis Cup: US wins doubles to stay alive in quarterfinal

    Jordan Thompson will face John Isner, who was in excellent form despite losing to Kyrgios on Saturday over three tense sets. The 22-year-old won both of his matches against the Czech Republic in February's first-round tie in Melbourne.
  • YouTube TV Launches With Two Amazing Freebies

    YouTube TV Launches With Two Amazing Freebies

    But creatively, YouTube has done a stellar job of showcasing TV in a new way, for the mobile generation. The app was launched in a limited beta covering some 60,000 users in February, a Google spokesman said.
    McConnell reaches out to Romney about possible Senate bid

    McConnell reaches out to Romney about possible Senate bid

    Experts say there is no way Romney will run for the seat without Hatch's blessing. 'I've had some conversations w mitt Romney . And as the first LDS presidential nominee, he unsurprisingly carried Utah with 73 percent of the vote.

    Putin: Criticism of Russia protest arrests is 'interference'

    Share with Us - We'd love to hear eyewitness accounts, the history behind an article, and smart, constructive criticism. He added that the value of the Arctic's mineral riches was estimated to be US$30 trillion (S$41.8 trillion).
  • Dodge Challenger SRT Demon to Debut at 2017 New York Auto Show

    High-performance engines often have higher compression ratios and thus need fuel with higher octane ratings to avoid knocking. The hashtag #DodgeDemon is the next part that will be seen in the Dodge performance story.
    USA  comment terse on latest North Korea missile

    USA comment terse on latest North Korea missile

    Earlier this week, Mr Trump vowed to "solve" the problem of North Korea with or without Chinese help. Initial assessments indicate it was a KN-15 medium-range ballistic missile, the statement said.
    KFC to stop using chickens raised with human antibiotics

    KFC to stop using chickens raised with human antibiotics

    And McDonald's Corp. has stopped using chickens raised with antibiotics important to human medicine for its McNuggets. More information about these changes and additional ingredient work are available at kfc.com/responsibility .
  • Leaders Chelsea maintain 7-point gap over Spurs

    Leaders Chelsea maintain 7-point gap over Spurs

    The Belgian playmaker was named PFA Player of the Year after helping to inspire Premier League glory in 2014-15. I'm very happy to face this type of situation, to play with only four points above our opponent.
    Bradley Cooper and Irina Shayk welcome first child

    Bradley Cooper and Irina Shayk welcome first child

    A source said at the time: "Engagement or marriage may happen under the radar because they are very private people ". An insider said: " Bradley has been there for her and is loving seeing the baby grow inside her".

    Pearl Jam, Tupac, Yes, Journey to be inducted into Rock Hall

    Young released "Rockin' in the Free World", a critique of the first George Bush administration, on the Freedom album in 1989. Besides the induction ceremony Friday night at Barclays Center, Lenny Kravitz will pay tribute to Prince.
  • South Africans hold nationwide protests against Zuma

    South Africans hold nationwide protests against Zuma

    Many who attended the protest at the Union Buildings flew the South African flag high and held up placards against Zuma . The Guptas deny any wrongdoing, and Mr Zuma has said there was nothing improper in the way he chose ministers.
    Let's talk about depression

    Let's talk about depression

    Depression can also lead to suicide, which is the second highest cause of death among 15-29 year olds in the region, noted WHO. However, such training may not be for everyone who has depression , depending on the severity of the condition.
    Not so silent night: Dallas emergency siren system hacked

    Not so silent night: Dallas emergency siren system hacked

    The rush of inquiries caused a backlog, forcing some callers to wait up to six minutes to speak with emergency personnel. The city has asked for assistance from the Federal Communications Commission in determining who was behind the hack.

Breaking News



Recommended

EU sets out guidelines for Brexit negotiations

Speaking in parliament later on Wednesday, May told lawmakers it was "the moment for the country to come together". The challenges prior to moving onto the next step of talks are sizable, however.

GOP member of House Intelligence Committee claims 'unmasked' reports were detailed

She said "The allegation is that somehow Obama administration officials utilized intelligence for political purposes". This official and two other intelligence officials said the NSA often receives dozens of such requests in a month.

Jared Kushner omits some foreign contacts on security form

The Wall Street Journal reported , "In West Wing shakeup, Chief of Staff Reince Priebus and Steve Bannon could be reassigned - sources".

Kevin Durant set to return vs. Pelicans, won't be on minutes limit

At 65-14, the team is now 4.5 games clear of the San Antonio Spurs, who are going to play as the No. 2 seed in the playoffs. This gives Golden State a nice excuse to rest Curry, possibly for multiple games, going into the playoffs.

Russell Westbrook clinches incredible single-season feat against Suns

After almost every game, triple-double or not, Westbrook deals with reporters asking him whether he's chasing stats or not. Westbrook made just six-of-25 shots from the field, his worst shooting night of the season.

Michigan Boy Kills Himself in Response to Social Media Prank, Mother Says

A Go Fund Me fundraising page has been set up to pay for the family's medical bills has already raised almost £25,000. Since the incident, Tysen has been on life support at a Children's Hospital at the University of MI in Ann Arbor .

You Have to See This Play That Left Yadier Molina Baffled

Cardinals RF Stephen Piscotty (head contusion) appeared Thursday as part of a double-switch in the sixth inning and went 0-for-2. That pretty much leaves one explanation: Either the ball or his chest protector was really, really sticky. "Have never seen it".

Amazon Just Made Alexa Easier to Use

It also has more stable, stronger 802.11ac Wi-Fi, the new Fire TV user interface and comes bundled with an Alexa Voice Remote. Vice President of Amazon Devices International, Jorrit Van der Meulen said: "This is a big day for Fire TV customers".

Las Vegas sports gambler Walters convicted of insider trading

Closing arguments over two days capped a three-week trial and enabled jurors to begin deliberations in late afternoon. In an agreement with the Security and Exchange Commission, Mickelson agreed to repay the trading profits.

Bannon Lost To Kushner In Syria Strike Debate

Aside from Kushner being Secretary of Everything , Ivanka ally and adviser Dina Powell is now deputy national security adviser. Trump was not pleased by the "President Bannon" puppet-master theme promoted by magazines, late-night talk shows and Twitter.