Forbes has released its annual team valuation list. Surprise: the Yankees are the most valuable team at $4 billion.
The Los Angeles Dodgers are No. 2 at $3 billion, the Chicago Cubs third at $2.9 billion, the San Francisco Giants fourth at $2.85 billion and the Boston Red Sox, at $2.8 billion, round out the top five. The two least valuable teams: the Marlins at number 29 and the Rays at number 30 at $900 million.
According to Forbes, the average MLB team is worth $1.645 billion, up 7% from last year, while average revenue was up almost 5% and operating income was down 17%.
There is always a lot of criticism of these sorts of lists, sometimes even from Forbes itself. Forbes has been doing it for over 20 years and, within the game, club owners laugh at it. Then again, they have a vested interest in downplaying their team’s revenue, profits and worth at some times and overstating team worth at others, so I’m not sure the owners are any more reliable either.
Ultimately, a team is worth what it can sell for. Like most things.
ST. PETERSBURG, Fla. – Reliever Colin Poche went to salary arbitration with the Tampa Bay Rays on Tuesday with the sides just $125,000 apart.
The gap between the $1.3 million the pitcher asked for and the $1,175,000 the team offered was the smallest among the 33 players who exchanged proposed arbitration figures last month. The case was heard by John Woods, Jeanne Vonhof and Walt De Treux, who will hold their decision until later this month.
A 29-year-old left-hander, Poche had Tommy John surgery on July 29, 2020, and returned to the major leagues last April 22 after six appearances at Triple-A Durham. Poche was 4-2 with a 3.99 ERA and seven saves in 65 relief appearances for the Rays. He struck out 64 and walked 22 in 58 2/3 innings.
Poche had a $707,800 salary last year.
Tampa Bay went to arbitration on Monday with reliever Ryan Thompson, whose decision also is being held until later this month. He asked for $1.2 million and the Rays argued for $1 million.
Rays right-hander Jason Adam and outfielder Harold Ramirez remain scheduled for hearings.
Players and teams have split four decisions thus far. All-Star pitcher Max Fried ($13.5 million) lost to Atlanta and reliever Diego Castillo ($2.95 million) was defeated by Seattle, while pitcher Jesus Luzardo ($2.45 million) and AL batting champion Luis Arraez ($6.1 million) both beat the Marlins.
A decision also is pending for Los Angeles Angels outfielder Hunter Renfroe.
Eighteen additional players are eligible for arbitration and hearings are scheduled through Feb. 17. Among the eligible players is Seattle utilityman Dylan Moore, who has a pending three-year contract worth $8,875,000.