Forbes: Mariners 12th Most Valuable MLB Team
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(1090 The Fan) — In Forbes’ annual MLB valuations, the Seattle Mariners finished 12th after the 2013 season.
The Mariners are valued at $710 million and saw a revenue of $210 million in 2013. The team’s operating income is $5.3 million.
Two major events that factored into Seattle’s valuation were the ten-year, $240 million contract with second baseman Robinson Cano and the 18-year, $2.5 billion television deal with Root Sports Northwest.
The New York Yankees topped the list with a value of $2.5 billion. At the bottom are the Tampa Bay Rays who are valued at just $485 million. According to Forbes, the Rays generated 66% percent more wins-per-dollar spent on payroll than the average MLB average last season, second only to the Athletics (69%).
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