GITNUX REPORT 2024

MLBs Most Profitable Teams: Yankees Lead, Dodgers Strong Contenders

Unveiling MLBs Money Giants: Yankees, Dodgers, Red Sox lead with staggering valuations and profits.

Author: Jannik Lindner

First published: 7/17/2024

Statistic 1

New York Yankees average attendance of 40,208 in 2022

Statistic 2

Los Angeles Dodgers average attendance of 47,672 in 2022

Statistic 3

Boston Red Sox average attendance of 32,407 in 2022

Statistic 4

Chicago Cubs average attendance of 32,306 in 2022

Statistic 5

Atlanta Braves average attendance of 38,641 in 2022

Statistic 6

New York Yankees 27 World Series championships

Statistic 7

Los Angeles Dodgers 7 World Series championships

Statistic 8

Boston Red Sox 9 World Series championships

Statistic 9

Chicago Cubs 3 World Series championships

Statistic 10

Atlanta Braves 4 World Series championships

Statistic 11

New York Yankees debt/value ratio of 3% in 2023

Statistic 12

Los Angeles Dodgers debt/value ratio of 5% in 2023

Statistic 13

Boston Red Sox debt/value ratio of 4% in 2023

Statistic 14

Chicago Cubs debt/value ratio of 9% in 2023

Statistic 15

San Francisco Giants debt/value ratio of 7% in 2023

Statistic 16

New York Yankees local TV ratings decreased by 12% in 2022

Statistic 17

Los Angeles Dodgers local TV ratings decreased by 20% in 2022

Statistic 18

Boston Red Sox local TV ratings decreased by 54% in 2022

Statistic 19

Chicago Cubs local TV ratings decreased by 56% in 2022

Statistic 20

San Francisco Giants local TV ratings decreased by 41% in 2022

Statistic 21

New York Yankees social media followers: 8.9 million on Instagram in 2023

Statistic 22

Los Angeles Dodgers social media followers: 3.1 million on Instagram in 2023

Statistic 23

Boston Red Sox social media followers: 2.7 million on Instagram in 2023

Statistic 24

Chicago Cubs social media followers: 2.5 million on Instagram in 2023

Statistic 25

Atlanta Braves social media followers: 1.7 million on Instagram in 2023

Statistic 26

New York Yankees merchandise sales rank: 1st in MLB for 2022

Statistic 27

Los Angeles Dodgers merchandise sales rank: 2nd in MLB for 2022

Statistic 28

Boston Red Sox merchandise sales rank: 6th in MLB for 2022

Statistic 29

Chicago Cubs merchandise sales rank: 4th in MLB for 2022

Statistic 30

Atlanta Braves merchandise sales rank: 3rd in MLB for 2022

Statistic 31

New York Yankees operating income of $75 million in 2022

Statistic 32

Los Angeles Dodgers operating income of $20 million in 2022

Statistic 33

Boston Red Sox operating income of $69 million in 2022

Statistic 34

Chicago Cubs operating income of $68 million in 2022

Statistic 35

Atlanta Braves operating income of $71 million in 2022

Statistic 36

New York Yankees payroll of $264.9 million in 2022

Statistic 37

Los Angeles Dodgers payroll of $280.8 million in 2022

Statistic 38

Boston Red Sox payroll of $219.5 million in 2022

Statistic 39

Chicago Cubs payroll of $167.2 million in 2022

Statistic 40

Atlanta Braves payroll of $177.7 million in 2022

Statistic 41

New York Yankees revenue of $657 million in 2022

Statistic 42

Los Angeles Dodgers revenue of $581 million in 2022

Statistic 43

Boston Red Sox revenue of $519 million in 2022

Statistic 44

Chicago Cubs revenue of $451 million in 2022

Statistic 45

Atlanta Braves revenue of $443 million in 2022

Statistic 46

New York Yankees revenue per fan of $76 in 2022

Statistic 47

Los Angeles Dodgers revenue per fan of $69 in 2022

Statistic 48

Boston Red Sox revenue per fan of $92 in 2022

Statistic 49

Chicago Cubs revenue per fan of $84 in 2022

Statistic 50

San Francisco Giants revenue per fan of $78 in 2022

Statistic 51

New York Yankees sponsorship revenue: $100 million in 2022

Statistic 52

Los Angeles Dodgers sponsorship revenue: $90 million in 2022

Statistic 53

Boston Red Sox sponsorship revenue: $80 million in 2022

Statistic 54

Chicago Cubs sponsorship revenue: $75 million in 2022

Statistic 55

San Francisco Giants sponsorship revenue: $70 million in 2022

Statistic 56

New York Yankees valued at $6 billion in 2023

Statistic 57

Los Angeles Dodgers valued at $4.8 billion in 2023

Statistic 58

Boston Red Sox valued at $4.5 billion in 2023

Statistic 59

Chicago Cubs valued at $4.1 billion in 2023

Statistic 60

San Francisco Giants valued at $3.7 billion in 2023

Statistic 61

New York Yankees franchise value increased by 13% from 2022 to 2023

Statistic 62

Los Angeles Dodgers franchise value increased by 11% from 2022 to 2023

Statistic 63

Boston Red Sox franchise value increased by 12% from 2022 to 2023

Statistic 64

Chicago Cubs franchise value increased by 9% from 2022 to 2023

Statistic 65

San Francisco Giants franchise value increased by 9% from 2022 to 2023

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Summary

  • New York Yankees valued at $6 billion in 2023
  • Los Angeles Dodgers valued at $4.8 billion in 2023
  • Boston Red Sox valued at $4.5 billion in 2023
  • Chicago Cubs valued at $4.1 billion in 2023
  • San Francisco Giants valued at $3.7 billion in 2023
  • New York Yankees revenue of $657 million in 2022
  • Los Angeles Dodgers revenue of $581 million in 2022
  • Boston Red Sox revenue of $519 million in 2022
  • Chicago Cubs revenue of $451 million in 2022
  • Atlanta Braves revenue of $443 million in 2022
  • New York Yankees operating income of $75 million in 2022
  • Los Angeles Dodgers operating income of $20 million in 2022
  • Boston Red Sox operating income of $69 million in 2022
  • Chicago Cubs operating income of $68 million in 2022
  • Atlanta Braves operating income of $71 million in 2022

In a world where baseball is not just a sport but a thriving business, the most valuable MLB teams of 2023 are setting the field on fire with eye-popping numbers. From the New York Yankees, whose $6 billion valuation could probably buy you several small countries, to the Los Angeles Dodgers, with their $581 million in revenue feeling like loose change, these teams are not just hitting home runs on the field but also in the boardroom. So, grab your peanuts and cracker jacks as we dive into the financial grand slams of the most profitable MLB teams of the modern era.

Attendance

  • New York Yankees average attendance of 40,208 in 2022
  • Los Angeles Dodgers average attendance of 47,672 in 2022
  • Boston Red Sox average attendance of 32,407 in 2022
  • Chicago Cubs average attendance of 32,306 in 2022
  • Atlanta Braves average attendance of 38,641 in 2022

Interpretation

The MLB's cash cows have been identified, with the New York Yankees, Los Angeles Dodgers, and Atlanta Braves leading the pack in average attendance. It seems that fans are flocking to ballparks like seagulls to a hot dog stand, bringing in the big bucks for these powerhouse teams. Meanwhile, the Boston Red Sox and Chicago Cubs are still drawing in solid crowds, proving that even when the wins may not be abundant, the fans remain loyal. It's clear that in the game of baseball, attendance equals profit, and these teams are hitting it out of the park in that regard.

Championships

  • New York Yankees 27 World Series championships
  • Los Angeles Dodgers 7 World Series championships
  • Boston Red Sox 9 World Series championships
  • Chicago Cubs 3 World Series championships
  • Atlanta Braves 4 World Series championships

Interpretation

The Most Profitable MLB Teams list reads like a history lesson on baseball dominance, with the Yankees sitting at the top like a monolithic empire with 27 World Series championships to their name. The Dodgers, Red Sox, Braves, and Cubs may pale in comparison in terms of title count, but their presence underscores a rich tapestry of success and enduring fan loyalty. In the world of baseball's financial powerhouses, these teams are not just winners on the field but icons of the sport's enduring legacy and commercial influence.

Financial Health

  • New York Yankees debt/value ratio of 3% in 2023
  • Los Angeles Dodgers debt/value ratio of 5% in 2023
  • Boston Red Sox debt/value ratio of 4% in 2023
  • Chicago Cubs debt/value ratio of 9% in 2023
  • San Francisco Giants debt/value ratio of 7% in 2023

Interpretation

In the high-stakes world of Major League Baseball, where hitting a home run can mean big bucks, the numbers don't lie when it comes to the financial health of the game's power players. With debt/value ratios as low as 3% for the New York Yankees and as high as 9% for the Chicago Cubs, it's clear that some teams are hitting financial grand slams while others are striking out. Just like on the diamond, success in the business of baseball requires careful strategy, strong teamwork, and a whole lot of moneyball savvy.

Media Performance

  • New York Yankees local TV ratings decreased by 12% in 2022
  • Los Angeles Dodgers local TV ratings decreased by 20% in 2022
  • Boston Red Sox local TV ratings decreased by 54% in 2022
  • Chicago Cubs local TV ratings decreased by 56% in 2022
  • San Francisco Giants local TV ratings decreased by 41% in 2022
  • New York Yankees social media followers: 8.9 million on Instagram in 2023
  • Los Angeles Dodgers social media followers: 3.1 million on Instagram in 2023
  • Boston Red Sox social media followers: 2.7 million on Instagram in 2023
  • Chicago Cubs social media followers: 2.5 million on Instagram in 2023
  • Atlanta Braves social media followers: 1.7 million on Instagram in 2023

Interpretation

In the ever-evolving landscape of sports entertainment, it seems the allure of the traditional TV screen may be waning for some of baseball's biggest names. As local TV ratings take a dive across several major league teams, one can't help but wonder if the digital age is slowly but surely reshaping the way we consume America's favorite pastime. Yet, amidst the fluctuating viewership numbers, the New York Yankees continue to reign supreme with a social media following that could fill multiple stadiums. Perhaps the real competition is no longer just on the field, but also in the digital arena where likes, shares, and followers paint a different kind of winning picture.

Merchandise Sales

  • New York Yankees merchandise sales rank: 1st in MLB for 2022
  • Los Angeles Dodgers merchandise sales rank: 2nd in MLB for 2022
  • Boston Red Sox merchandise sales rank: 6th in MLB for 2022
  • Chicago Cubs merchandise sales rank: 4th in MLB for 2022
  • Atlanta Braves merchandise sales rank: 3rd in MLB for 2022

Interpretation

The latest MLB merchandise sales rankings provide a snapshot of the league's most profitable teams for 2022, showcasing the perennial powerhouses like the New York Yankees and Los Angeles Dodgers claiming the top spots. The rankings also reveal some surprises, with the Boston Red Sox, Chicago Cubs, and Atlanta Braves making impressive showings. It seems that while winning games may be crucial on the field, dominating in merchandise sales is another competitive battleground where these teams are flexing their financial muscles. So, whether you bleed pinstripes, Dodger blue, or the distinct colors of other fan favorites, it's clear that in the world of baseball, success is not just measured by wins and losses but also by the size of your fan base's fashion sense.

Operating Income

  • New York Yankees operating income of $75 million in 2022
  • Los Angeles Dodgers operating income of $20 million in 2022
  • Boston Red Sox operating income of $69 million in 2022
  • Chicago Cubs operating income of $68 million in 2022
  • Atlanta Braves operating income of $71 million in 2022

Interpretation

In a game where winning isn't just about what happens on the field, the balance sheet reveals the real champions. The New York Yankees, once again proving that they know how to play both on and off the diamond, lead the pack with a hefty operating income of $75 million in 2022. Meanwhile, the Los Angeles Dodgers, Boston Red Sox, Chicago Cubs, and Atlanta Braves are all still in the money, showcasing that success in baseball today requires financial prowess as much as hitting home runs. After all, in the big leagues of business, the one with the biggest profit margin always comes out on top.

Payroll

  • New York Yankees payroll of $264.9 million in 2022
  • Los Angeles Dodgers payroll of $280.8 million in 2022
  • Boston Red Sox payroll of $219.5 million in 2022
  • Chicago Cubs payroll of $167.2 million in 2022
  • Atlanta Braves payroll of $177.7 million in 2022

Interpretation

In the ongoing saga of Major League Baseball's financial power plays, it seems the big-budget ballerinas have once again taken center stage. With wallets as hefty as their home run hitters, the New York Yankees, Los Angeles Dodgers, and Boston Red Sox are once more leading the pack in 2022 payrolls, leaving the Chicago Cubs and Atlanta Braves to twirl in their significantly lighter cleats. As the diamonds sparkle with lucrative deals and lavish contracts, one thing remains clear: in this high-stakes game of dollars and dingers, it's not just about the swings, but also the cash registers that ring.

Revenue

  • New York Yankees revenue of $657 million in 2022
  • Los Angeles Dodgers revenue of $581 million in 2022
  • Boston Red Sox revenue of $519 million in 2022
  • Chicago Cubs revenue of $451 million in 2022
  • Atlanta Braves revenue of $443 million in 2022
  • New York Yankees revenue per fan of $76 in 2022
  • Los Angeles Dodgers revenue per fan of $69 in 2022
  • Boston Red Sox revenue per fan of $92 in 2022
  • Chicago Cubs revenue per fan of $84 in 2022
  • San Francisco Giants revenue per fan of $78 in 2022

Interpretation

In the fiercely competitive realm of Major League Baseball, it seems the only thing outpacing the crack of the bat is the cha-ching of the cash register. With the New York Yankees leading the financial charge, raking in a whopping $657 million in revenue in 2022, it's clear that success on the field isn't the only metric that matters. From the moneyed pinstripes to the Hollywood hills of Los Angeles, each team's revenue per fan tells a tale of fandom, loyalty, and the undeniable allure of a well-loved ball club. So as the numbers continue to soar sky-high, one thing is certain: in baseball and business, it's all about hitting it out of the park.

Sponsorship

  • New York Yankees sponsorship revenue: $100 million in 2022
  • Los Angeles Dodgers sponsorship revenue: $90 million in 2022
  • Boston Red Sox sponsorship revenue: $80 million in 2022
  • Chicago Cubs sponsorship revenue: $75 million in 2022
  • San Francisco Giants sponsorship revenue: $70 million in 2022

Interpretation

It seems the race for the most profitable MLB team in 2022 is tighter than a seventh-game playoff series. With the New York Yankees leading the pack at a whopping $100 million in sponsorship revenue, they are hitting it out of the park in the business realm. Meanwhile, the Los Angeles Dodgers are playing catch-up with $90 million, showing that in this game of financial home runs, every dollar counts. The Boston Red Sox, Chicago Cubs, and San Francisco Giants aren't far behind, proving that in the world of baseball economics, even the underdogs can swing for the fences and score big.

Team Valuations

  • New York Yankees valued at $6 billion in 2023
  • Los Angeles Dodgers valued at $4.8 billion in 2023
  • Boston Red Sox valued at $4.5 billion in 2023
  • Chicago Cubs valued at $4.1 billion in 2023
  • San Francisco Giants valued at $3.7 billion in 2023
  • New York Yankees franchise value increased by 13% from 2022 to 2023
  • Los Angeles Dodgers franchise value increased by 11% from 2022 to 2023
  • Boston Red Sox franchise value increased by 12% from 2022 to 2023
  • Chicago Cubs franchise value increased by 9% from 2022 to 2023
  • San Francisco Giants franchise value increased by 9% from 2022 to 2023

Interpretation

In the big leagues of baseball and business, the New York Yankees continue to knock it out of the park, with a valuation that could make even the most stoic accountant do a double take. With a worth of $6 billion in 2023, the Yankees are in a league of their own when it comes to financial prowess. Not far behind are the Los Angeles Dodgers, Boston Red Sox, Chicago Cubs, and San Francisco Giants, all commanding eye-watering figures that remind us just how profitable America's favorite pastime can be. In an era where the game is as much about dollars as it is about dingers, these valuations serve as a stark reminder that in baseball, as in life, it pays to play the game well off the field too.

References