MLB team values 2020: Only 3 teams gained more value than Phillies from 2019

Corey Seidman

The valuation of the Phillies franchise is up to $2 billion, according to Forbes. It's an 8 percent increase from last year.

The only teams in the majors to experience a higher percentage year-over-year increase than the Phillies are the Yankees, the World Champion Nationals and the Orioles. Seven teams saw no gain or lost value: the Marlins, Pirates, Royals, Athletics, Indians, Tigers and Diamondbacks.

The Yankees are valued at $5 billion, leading the league for the 22nd straight year.

At $2 billion, the Phils' valuation is eighth-highest in the majors. They are behind, respectively, the Yankees, Dodgers, Red Sox, Cubs, Giants, Mets and Cardinals.

The only team with a current valuation below $1 billion is the Marlins at $980 million. Miami was the only team to lose money in 2019, according to Forbes.

MLB's total revenue in 2019 was $10.5 billion. More than 30 percent of that was from gate receipts, which baseball would not have in 2020 if games are played in empty stadiums. That was the largest chunk, followed by national TV deals, local TV deals and sponsorships.

The Phillies' 13-year investment in Bryce Harper and the resulting increase in attendance and merchandise sales played an obvious role in the increase but the terms of rights deals are one of the biggest drivers of organizational values.

League-wide, profits have never been higher, which puts MLB in a position to at least withstand the pain of a shortened 2020 season. Forbes estimates that coronavirus concerns will cost U.S. pro sports leagues $5 billion.

Subscribe and rate the Phillies Talk podcast:

Apple Podcasts / Google Play / Spotify / Stitcher / Art19 / YouTube



Click here to download the MyTeams App by NBC Sports! Receive comprehensive coverage of your teams and stream the Flyers, Sixers and Phillies games easily on your device.

More on the Phillies

MLB team values 2020: Only 3 teams gained more value than Phillies from 2019 originally appeared on NBC Sports Philadelphia

  • Here are the likely contenders on Biden's vice president shortlist
    Yahoo News

    Here are the likely contenders on Biden's vice president shortlist

    During the early stages of the campaign, Harris was questioned on whether she was open to being Biden's vice president — a question she often suggested should be asked of Biden too. Suffice it to say, Harris has been answering questions about her place in a potential Biden administration longer than many other contenders as an early favorite; some have taken to national publications to push their pick to the top of the list. Several top aides and members of Biden's camp say Harris — who has hosted multiple campaign events and been able to rake in cash — is the top pick too, according to recent reporting in Politico.

  • Coronavirus infections are rising as states reopen, potentially signaling a second wave
    Yahoo News

    Coronavirus infections are rising as states reopen, potentially signaling a second wave

    Two days later, both Reuters and the New York Times reported that new daily cases of COVID-19 — which have been falling for weeks, both nationally and in the hardest-hit metropolitan areas — suddenly and simultaneously started to rise in more than a dozen states. The Times counted 14 states where the rolling seven-day average of new infections has climbed over the last two weeks. Narrowing the timeframe and focusing on the total weekly case count, Reuters found that 20 states reported an increase in new infections during the week ending May 24, up from 13 states the week before.

  • ‘Burn It Down. Let Them Pay’: Deadly Chaos Erupts in Minneapolis as Fires Rage Over Police Violence
    The Daily Beast

    ‘Burn It Down. Let Them Pay’: Deadly Chaos Erupts in Minneapolis as Fires Rage Over Police Violence

    MINNEAPOLIS—Flames and black smoke poured into the sky here early Thursday as protests over the death of George Floyd took a violent turn, with multiple local businesses and residential buildings near police headquarters set ablaze and at least one person fatally shot in the area. Minneapolis Police spokesman John Elder confirmed the shooting shortly before midnight local time, but did not say if it was connected to the protests, according to the Star Tribune. Widespread looting included mobs—whose ties to organized protesters were vague at best—clearing out a Target across from the precinct house, and video emerged of heavily armed white men who said they were trying to keep people from damaging property.

  • Mexican drug lord pleads poverty in bid to escape arrest
    Associated Press

    Mexican drug lord pleads poverty in bid to escape arrest

    Drug lord Rafael Caro Quintero, a notorious underworld figure who is on the FBI's most wanted list for the murder of a federal agent over three decades ago, said in a legal appeal that he has no money, is too old to work and has no pension. The odd plea was filed Tuesday by Caro Quintero's lawyer seeking an injunction against his arrest or extradition to the United States for the kidnapping and murder of DEA Special Agent Enrique Camarena in Mexico in 1985. The court papers state: “The plaintiff argues insolvency, because he says he is more than 60 years old, is neither retired nor has a pension, and given the fact that he is a fugitive from the law, cannot work or perform any activity to ea...

  • So-called honor killing of teen girl sparks outcry in Iran
    Yahoo News Video

    So-called honor killing of teen girl sparks outcry in Iran

    The so-called honor killing of a 14-year-old Iranian girl by her dad, who reportedly beheaded her as she slept, has sparked a nationwide outcry.

  • Senate Democrats take on GOP court-packing in blistering new report
    NBC News

    Senate Democrats take on GOP court-packing in blistering new report

    Senate Democrats on Wednesday unveiled a new report on Republican efforts to pack the courts with conservative-leaning judges and the outsized influence of one conservative activist. "Our report exposes a twisted web of dark money, and special interest groups who behind the scenes are investing millions and millions to plant ideological activist judges completely remake the courts, and ultimately rewrite the Constitution," said Senate Minority Leader Chuck Schumer, D-N.Y. As part of their report, the senators pointed to activist Leonard Leo, the former head of the conservative Federalist Society, as the driving force behind the many of the president's appointments, including Supreme Court Justices Brett Kavanaugh and Neil Gorsuch.

  • Hong Kong 'no longer autonomous from China' - Pompeo
    BBC

    Hong Kong 'no longer autonomous from China' - Pompeo

    US Secretary of State Mike Pompeo has told Congress that Hong Kong no longer merits special treatment under US law. The declaration could have major implications for Hong Kong's trade hub status and is likely to anger Beijing. "No reasonable person can assert today that Hong Kong maintains a high degree of autonomy from China, given facts on the ground," he said in a statement.

  • Venezuela's Maduro vows to raise gasoline price as Iranian tanker nears
    Reuters

    Venezuela's Maduro vows to raise gasoline price as Iranian tanker nears

    Venezuelan President Nicolas Maduro on Wednesday pledged to begin charging citizens for gasoline, as the fourth cargo of a five-tanker flotilla bringing fuel from Iran approached the South American nation's exclusive economic zone. Iran is providing the country with up to 1.53 million barrels of gasoline and components to help it ease an acute scarcity that has forced Venezuelans to wait in hours-long lines at service stations or pay steep prices on the black market. With the arrival of the gasoline, Maduro said he would end the policy of providing fuel effectively for free after more than two decades of frozen pump prices.

  • One chart shows a noticeable correlation between how late a country started its coronavirus lockdown and the number of excess deaths
    Business Insider

    One chart shows a noticeable correlation between how late a country started its coronavirus lockdown and the number of excess deaths

    Reuters A Financial Times analysis of the excess death rates of 13 countries compared to when they imposed a lockdown has shown a close correlation between the two factors. The data suggests that the less widespread the virus was when a country locked down, the lower the excess death rates. For example, the UK waited until later in the severity of its outbreak before locking down, and now shows a high excess death rate.

  • Biden on 100,000 coronavirus deaths: 'To those hurting, the nation grieves with you.'
    Reuters

    Biden on 100,000 coronavirus deaths: 'To those hurting, the nation grieves with you.'

    Democratic presidential candidate Joe Biden released a video message on Wednesday marking the grim milestone of 100,000 American lives lost to the coronavirus pandemic, telling the bereaved: "The nation grieves with you." Biden spoke after various tallies of COVID-19 deaths, including one compiled by Reuters, showed that the novel coronavirus has killed over 100,000 people in the United States, even as the slowdown in deaths encouraged businesses to reopen and Americans to emerge from more than two months of lockdowns. Biden, speaking from his home in Delaware, drew on his own family loss when making his remarks.

  • Levi’s Is Taking 50% off These Best-Selling Jeans Right Now
    Popular Mechanics

    Levi’s Is Taking 50% off These Best-Selling Jeans Right Now

    It's a great time to stock up on the classic 501s. From Popular Mechanics

  • One of Trump's favorite pollsters shows his approval plummeting
    Yahoo News

    One of Trump's favorite pollsters shows his approval plummeting

    President Trump's approval rating has plummeted since late February, according to the Rasmussen daily tracking poll, which the president frequently cited during his first three years in office. As of Wednesday, 42 percent of Americans told Rasmussen that they approved of the job Trump was doing as president, while 57 percent disapproved. While 42 percent approval is in line with the overall aggregation of polls tracking Trump's approval rating, it is notable from Rasmussen, which tends to show more favorable numbers for Republicans and the president.

  • Judge sets June 4 hearing for suspects in Arbery slaying
    Associated Press

    Judge sets June 4 hearing for suspects in Arbery slaying

    A Georgia judge has scheduled a hearing next week for three men charged with murder in the fatal shooting of Ahmaud Arbery, court officials said Wednesday. Glynn County Magistrate Court Judge Wallace E. Harrell set a preliminary hearing for June 4, said court clerk Luetrice Lott. More than two months passed before Gregory McMichael, 64, and Travis McMichael, 34, were arrested May 7 on charges of felony murder and aggravated assault.

  • Michigan governor in hot water over boat launch claim
    AFP

    Michigan governor in hot water over boat launch claim

    The Michigan governor who implemented some of the toughest coronavirus lockdown rules in the United States came under heavy criticism Tuesday over allegations that her husband pressured a dock to prepare his boat for an outing. Gretchen Whitmer, a Democrat who has defended her tough stay-at-home policies against armed protestors and attacks from President Donald Trump, announced last week the lifting of some restrictions ahead of the long Memorial Day weekend. According to a claim posted on Facebook by Northshore Docks owner Tad Dowker, Whitmer's husband Marc Mallory subsequently tried to use her position to get his boat moved ahead of others for launching before the holiday weekend.

  • Asymptomatic COVID-19 cases may be more common than suspected
    NBC News

    Asymptomatic COVID-19 cases may be more common than suspected

    New estimates of the number of asymptomatic people with the coronavirus suggest that "silent" COVID-19 is much more prevalent than once thought, according to two studies published Wednesday. The first study, published in JAMA Network Open, found that 42 percent of cases from a group of people in Wuhan, China, were asymptomatic. The second study, published in Thorax, found much higher rates of asymptomatic individuals: 81 percent of cases on a cruise to Antarctica.

  • Analysis: With a new law for Hong Kong, Beijing makes clear sovereignty is its bottom line
    LA Times

    Analysis: With a new law for Hong Kong, Beijing makes clear sovereignty is its bottom line

    The Chinese Communist Party and its leader, President Xi Jinping, emerged from their post-coronavirus political meetings this week with a clear message: Beijing's bottom line is sovereignty, at any cost. China's rubber-stamp legislature Thursday approved a decision to impose a national security law on Hong Kong, bypassing the territory's own legislature in a move that sets the stage for both violence in Hong Kong's streets and further conflict with the United States. Multiple countries, including the U.S., Britain, Australia, Canada, Switzerland and Japan, had sent Beijing a flurry of warnings after the proposed law was announced last week at China's most important annual political meetings.

  • Pakistani villager urges India to return 'spy' pigeon
    BBC

    Pakistani villager urges India to return 'spy' pigeon

    A Pakistani villager has urged Indian Prime Minister Narendra Modi to return his pigeon, currently being held in India on charges of spying. The Pakistani villager, who claims the arrested pigeon is his, says the code is actually his mobile phone number. Pakistan's Dawn newspaper has identified the man as Habibullah and reports that he owns a dozen pigeons.

  • More than 100,000 people have died of COVID-19 in the US, which is comparable to the number of residents in a city like Edison, New Jersey
    Business Insider

    More than 100,000 people have died of COVID-19 in the US, which is comparable to the number of residents in a city like Edison, New Jersey

    In just three months, the death toll from COVID-19 is also more than the number of "US military combat fatalities in every conflict since the Korean War," The New York Times reported. The vast majority of these deaths took place in hotspots like New York, and have disproportionately impacted black and Hispanic communities. Earlier this month, Business Insider reported that a third of all COVID-19 deaths happened in nursing homes.

  • Philippines confirms 539 new coronavirus cases, largest single-day increase
    Reuters

    Philippines confirms 539 new coronavirus cases, largest single-day increase

    The Philippines' health ministry on Thursday reported 17 more novel coronavirus deaths and 539 new infections, the largest number of cases reported in a single day since the virus was first detected in the country. The number of recovered patients was 3,598. An inter-agency panel on coronavirus has recommended to President Rodrigo Duterte the easing of strict lockdown measures in the capital, which accounts for most of the coronavirus cases and deaths, to restart economic activity.

  • Coronavirus map of the US: latest cases state by state
    The Guardian

    Coronavirus map of the US: latest cases state by state

    With countries all over the world affected by the coronavirus pandemic, the US has emerged as a global hotspot. The Trump administration has been criticized for being slower to act than other countries. The US currently leads the world in both confirmed coronavirus cases and deaths according to Johns Hopkins University.

  • Trump, for some reason, compares coronavirus death toll (over 98,000) to that of swine flu (under 20,000)
    Yahoo News

    Trump, for some reason, compares coronavirus death toll (over 98,000) to that of swine flu (under 20,000)

    On a day when the U.S. death toll from the coronavirus pandemic neared 100,000, President Trump sought to direct the nation's attention back to the 2009 H1N1 swine flu pandemic as a way to smear the reputation of his Democratic rival Joe Biden, who was vice president at the time. Joe Biden's handling of the H1N1 Swine Flu was a complete and total disaster. In the early weeks of the coronavirus outbreak in the U.S., Trump repeatedly sought to show that he was doing a good job dealing with the pandemic compared with how Biden and then-President Barack Obama had responded to the H1N1 pandemic.

  • Long Island serial killer victim IDed 2 decades later
    Associated Press

    Long Island serial killer victim IDed 2 decades later

    A woman whose skeletal remains were found along a suburban New York beach highway, in an area where body parts of 10 other people had been strewn, was identified as a Philadelphia escort who went missing two decades ago, police said Thursday. Suffolk County police said the woman previously known as “Jane Doe No. 6” was identified through genetic genealogy technology as Valerie Mack, who also went by Melissa Taylor and was last seen in 2000 near Atlantic City, New Jersey. Determining the victim's identity has brought clarity to a long-running Long Island mystery that attracted national headlines, was featured on true-crime TV shows and was the subject of a recent Netflix film, Police Commissioner Geraldine Hart said.

  • Outrage in Iran over gruesome 'honour killing' of teenage girl
    The Telegraph

    Outrage in Iran over gruesome 'honour killing' of teenage girl

    Iran's president has called for so-called honour killings to be outlawed following the gruesome murder of a teenage girl, allegedly by her father, for running away from home with an older man. Romina Ashrafi, 14,  was allegedly beheaded by her father as punishment for fleeing her home in Talesh, near Tehran, with a 29-year-old man. The couple were detained and Romina was handed back to her family as her father appeared to have forgiven her, according to the state news agency IRNA.

  • Cockpit voice recorder of crashed Pakistani plane recovered
    Associated Press

    Cockpit voice recorder of crashed Pakistani plane recovered

    The cockpit voice recorder of the Pakistani airliner that crashed last week was found on Thursday, six days after the passenger plane went down in a crowded neighborhood near the airport in the city of Karachi, killing 97 people on board. The recorder, recovered from among the plane debris, was subsequently handed over to Airbus experts. Pakistani aviation authorities said this week they are sharing their initial findings with the visiting 11-member team from the European plane maker.

  • China passes draft Hong Kong security law, sparking fear and anger
    NBC News

    China passes draft Hong Kong security law, sparking fear and anger

    China's government passed the first hurdle of enacting a draft security law for Hong Kong on Thursday, legislation that critics warn would erode human rights protections and the territory's unique status. The move has prompted widespread concern about Beijing's increasing influence on the semi-autonomous region. On Wednesday, Secretary of State Mike Pompeo warned that the law would mean that Hong Kong no longer qualifies for its special status under United States law.