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Good news and bad news from Forbes regarding the Tampa Bay Rays. From a financial perspective, the team has tripled in value since it's acquisition by Stu Sternberg and Co. in 2005, now worth $625 Million.
$625 Million is also the least valuable in baseball, behind the Miami Marlins at $650 and the Kansas City Royals at $700.
The full list, for your viewing pleasure:
| Rank | Team | Current Value ($mil) | 1-Yr Value Change (%) | Debt/Value (%) | Revenue ($mil) | Operating Income ($mil) |
|---|---|---|---|---|---|---|
| 1 |
New York Yankees |
3,200 | 28 | 0 | 508 | 8.1 |
| 2 |
Los Angeles Dodgers |
2,400 | 20 | 17 | 403 | -12.2 |
| 3 |
Boston Red Sox |
2,100 | 40 | 0 | 370 | 49.2 |
| 4 |
San Francisco Giants |
2,000 | 100 | 4 | 387 | 68.4 |
| 5 |
Chicago Cubs |
1,800 | 50 | 24 | 302 | 73.3 |
| 6 |
St Louis Cardinals |
1,400 | 71 | 21 | 294 | 73.6 |
| 7 |
New York Mets |
1,350 | 69 | 26 | 263 | 25.0 |
| 8 |
Los Angeles Angels of Anaheim |
1,300 | 68 | 0 | 304 | 16.7 |
| 9 |
Washington Nationals |
1,280 | 83 | 27 | 287 | 41.4 |
| 10 |
Philadelphia Phillies |
1,250 | 28 | 8 | 265 | -39.0 |
| 11 |
Texas Rangers |
1,220 | 48 | 13 | 266 | 3.5 |
| 12 |
Atlanta Braves |
1,150 | 58 | 0 | 267 | 33.2 |
| 13 |
Detroit Tigers |
1,125 | 65 | 15 | 254 | -20.7 |
| 14 |
Seattle Mariners |
1,100 | 55 | 0 | 250 | 26.4 |
| 15 |
Baltimore Orioles |
1,000 | 61 | 15 | 245 | 31.4 |
| 16 |
Chicago White Sox |
975 | 40 | 5 | 227 | 31.9 |
| 17 |
Pittsburgh Pirates |
900 | 57 | 10 | 229 | 43.6 |
| 18 |
Minnesota Twins |
895 | 48 | 25 | 223 | 21.3 |
| 19 |
San Diego Padres |
890 | 45 | 22 | 224 | 35.0 |
| 20 |
Cincinnati Reds |
885 | 48 | 6 | 227 | 2.2 |
| 21 |
Milwaukee Brewers |
875 | 55 | 6 | 226 | 11.3 |
| 22 |
Toronto Blue Jays |
870 | 43 | 0 | 227 | -17.9 |
| 23 |
Colorado Rockies |
855 | 49 | 7 | 214 | 12.6 |
| 24 |
Arizona Diamondbacks |
840 | 44 | 17 | 211 | -2.2 |
| 25 |
Cleveland Indians |
825 | 45 | 9 | 207 | 8.9 |
| 26 |
Houston Astros |
800 | 51 | 34 | 175 | 21.6 |
| 27 |
Oakland Athletics |
725 | 46 | 8 | 202 | 20.8 |
| 28 |
Kansas City Royals |
700 | 43 | 8 | 231 | 26.6 |
| 29 |
Miami Marlins |
650 | 30 | 34 | 188 | 15.4 |
| 30 |
Tampa Bay Rays |
625 | 29 | 22 | 188 | 7.9 |
The Rays tied for the second lowest revenue mark in baseball, but are 22nd in Operating Income, with a positive $7.9M figure.
Their share of debt, 22%, is tied for 23rd in the game, just ahead of the Cubs and alongside the Padres.
It will be interesting to see how the Rays' standing might change once a new television contract is negotiated within the next two years.