Forbes has released its 2022 rankings of the most valuable Major League Baseball franchises. The Boston Red Sox came in as the third most valuable, at $3.9 billion. They rank behind two predictable names: the New York Yankees ($6 billion) and the Los Angeles Dodgers ($4.075 billion) were the only franchises to rank higher than the Red Sox. Show
Here is the full top-10, as released by Forbes.
Boston put its value to work, handing out a $140 million contract to Trevor Story to enhance the team’s defense and insert another power bat in the middle of the order. In terms of payroll, the Red Sox ranked sixth for the 2022 season at $195, 166,000, per Spotrac. The Red Sox look to pick up where they left off from an ahead-of-schedule season in 2021, when they came within two wins of a berth in the World Series. Mazz: How the Red Sox may (should?) try to sell Xander Bogaerts, Rafael Devers and Trevor Story on remaining togetherRed Sox reach deals, avoid arbitration with five playersNew dates for Red Sox Spring Training, Opening Day, home openerClick here for complete Boston Red Sox coverage at 985TheSportsHub.com.
Boston Red Sox baseball team owner John Henry listens during a news conference at Fenway Park, Wednesday, Jan. 15, 2020, in Boston. The Boston Red Sox have parted ways with manager Alex Cora, with the move coming one day after baseball Commissioner Rob Manfred named him as a ringleader with Houston in the sport's sign-stealing scandal. (AP Photo/Elise Amendola)AP By
The Red Sox are worth $3.3 billion and are the third-most valuable team in Major League Baseball, according to Forbes’ annual ranking released Thursday. Boston ranks only behind the Yankees ($5 billion) and Dodgers ($3.4 billion) and narrowly edged out the Cubs ($3.2 billion) and Giants ($3.1 billion). Boston reclaimed its third place spot from 2019 but saw a 3% increase in value, from $3.2 billion. According to Forbes, the Red Sox rank fourth in the majors in local media revenue at $104 million. The Yankees and Red Sox far outpaced their American League East rivals in value, with the Blue Jays ranking 15th ($1.625 billion), the Orioles ranking 18th ($1.4 billion) and the Rays coming in 28th ($1.05 billion). The Marlins ranked last in baseball with a $980 million valuation. The entire league was healthy in 2019, with the average MLB team value rising 4% to $1.85 billion. Of course, the 2020 numbers could tell a much different story due to the economic ramifications of the ongoing coronavirus pandemic in the United States. If you purchase a product or register for an account through one of the links on our site, we may receive compensation. Red Sox Valued at $533 Million in Annual Report "John Henry has done a superb job of increasing his team's revenue since buying the Red Sox and controlling interest in the New England Sports Network for $700 million two years ago," Forbes said in its evaluation. The Red Sox' worth has doubled in just five years, as they were valued at $256 million in 1999. The team enjoys strong fan support, high cable television revenue, and benefits from the most expensive ticket prices in baseball. Last year the Red Sox realized strong gains in revenue and gate receipts, while decreasing player expenses. Forbes cited 2003 revenue at $190 million and gate receipts from Fenway Park at $121 million, which exceeded player expenses ($116 million). The current value of $533 million represented a 9% jump from last year's $488 million, when the Red Sox ranked third behind the New York Mets, who dropped behind Boston this year. The Mets' worth was calculated at $442 million. The Montreal Expos ($145 million) finished last in the survey. The Yankees' estimated worth of $832 million represented a $17 million decline from 2003. New York's loss was attributed to the effects of baseball's revenue-sharing system and luxury tax. Prior to the Henry ownership, the Red Sox were controlled by the Jean R. Yawkey Trust, which bought the team in 1977 for $20.5 million. Tom Yawkey bought the Red Sox and Fenway Park for $1.2 million in 1933. Red Sox Worth by Year (available data)
* Profits are calculated after revenue sharing money is subtracted. For example, in 2001 the Red Sox declared $2.7 million in profits before they contributed $15.4 million in revenue sharing, resulting in a net loss of -$12.7 million. The richest sports franchise in the U.S. is the Washington Redskins, valued by Forbes at $1.1 billion. By the way, the average NFL team is worth $733 million, a 17% increase over 2003. How much are the Yankees worth?New York Yankees franchise value from 2002 to 2022 (in million U.S. dollars). What MLB team is worth the most?The official ground of the New York Yankees, the most valuable MLB team as of the 2021 MLB season.
How much did Lebron spend on Red Sox?This will naturally increase in value as a result of this $750 million private investment into the ownership group from RedBird Capital Partners.
Who is the majority owner of the Red Sox?John William Henry II (born September 13, 1949) is an American businessman and investor and the founder of John W. Henry & Company, an investment management firm. He is the principal owner of Liverpool Football Club, the Boston Red Sox, The Boston Globe, and co-owner of RFK Racing.
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How much are the Red Sox worth?
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