Rand: Twins' value ranks 20th in MLB, Forbes says

  • Updated: March 28, 2013 - 12:29 AM
hide

Dwindling attendance is part of the reason the Twins franchise dropped in value, according to Forbes.

Photo: File photo by GLEN STUBBE • gstubbe@startribune.com ,

CameraStar Tribune photo galleries

Cameraview larger

About six years ago, Forbes came up with an infamous calculation that concluded Kevin McHale, then with the Timberwolves, was the best GM in all four major U.S. men’s pro sports.

That was 2007, and we still invoke a dose of skepticism with every sports-based ranking Forbes subsequently has released. That said, Forbes’ list of Major League Baseball team values came out Wednesday, and a few items caught our attention:

• The average MLB team is now valued at $744 million, a 23 percent increase from just a year ago. Much of that wealth, however, has nothing to do with wins, losses or attendance. ESPN.com’s Darren Rovell notes that it’s more about good investments, MLB Advanced Media and massive TV deals.

• The Yankees are valued at $2.3 billion — a gain of $450 million from last year and now the top spot among all North American sports franchises. No. 2 on the MLB list? The Dodgers, at a little over $1.6 billion. So the Yankees are worth almost $700 million more than any other team in baseball. How is that a level playing field?

• The valuation is a mixed bag for the Twins. Minnesota went from $510 million to $578 million, according to Forbes, in the past year. That’s roughly a 13 percent increase. But because the average MLB team increased 23 percent, the Twins went down in ranking in terms of overall value from 14th to 20th across MLB. Twins President Dave St. Peter said via e-mail the drop in ranking “is likely driven by a downward attendance trend for the Twins combined with a few new local television agreements around the league.”

• The most valuable franchise in the AL Central is the White Sox at $692 million, followed by the Tigers at $643 million. The Twins are in the middle, with the Indians ($559 million) and Royals ($457 million) below them. None of those teams are in the top 10 of MLB franchise values.

But as always, take these numbers for what they are worth. In the case of the Twins, it isn’t much.

“The Twins have not traditionally put much stock in the annual Forbes franchise valuation,” St. Peter said.

michael rand

  • get related content delivered to your inbox

  • manage my email subscriptions
Final123456789RHE
Minnesota000000100140
Baltimore «00053100X970
@Ballpark Replay
Preview | Matchup | Lineup | Log | Wrap | Box
W:M.Gonzalez(7-7) L:T.May(0-4)
HR: MIN- T.Plouffe (11) BAL- D.Young (7), C.Davis (24)

ADVERTISEMENT

Cincinnati - LP: J. Broxton 1 FINAL
Pittsburgh - WP: T. Watson 2
Minnesota - LP: T. May 1 FINAL
Baltimore - WP: M. Gonzalez 9
NY Yankees - WP: C. Capuano 6 FINAL
Toronto - LP: M. Buehrle 3
Philadelphia - LP: J. Diekman 1 FINAL
NY Mets - WP: J. deGrom 4
Boston - WP: A. Ranaudo 8 FINAL
Tampa Bay - LP: C. Archer 4
Miami - LP: C. Hatcher 2 FINAL
Atlanta - WP: D. Carpenter 5
Cleveland - WP: D. Salazar 6 FINAL
Kansas City - LP: J. Vargas 1
Detroit - WP: J. Verlander 7 FINAL
Chicago WSox - LP: S. Carroll 1
Texas - WP: S. Baker 13 FINAL
Houston - LP: B. Oberholtzer 6
Chicago Cubs - WP: N. Ramirez 7 FINAL
St. Louis - LP: P. Neshek 2
Colorado - LP: R. Brothers 2 FINAL
Arizona - WP: B. Ziegler 5
Oakland - LP: J. Lester 0 FINAL
LA Angels - WP: J. Weaver 4
Los Angeles - LP: K. Correia 2 FINAL
San Diego - WP: T. Stauffer 3
Washington - WP: J. Zimmermann 8 FINAL
Seattle - LP: F. Hernandez 3
Milwaukee - LP: W. Peralta 2 FINAL
San Francisco - WP: R. Vogelsong 13
Green Bay 9/4/14 7:30 PM
Seattle
(21) Texas A&M 52 FINAL
(9) So Carolina 28
Wake Forest 10 FINAL
ULM 17
Boise State 13 FINAL
(18) Ole Miss 35
Tulane 31 FINAL
Tulsa 38
Rutgers 41 FINAL
Washington St 38
Weber State 14 FINAL
(19) Arizona State 45
Temple 37 FINAL
Vanderbilt 7
BYU 35 FINAL
Connecticut 10
(6) Jacksonville St 7 FINAL
(8) Michigan State 45
Bowling Green 31 FINAL
Western Ky 59
TX-San Antonio 27 FINAL
Houston 7
Colorado State 31 FINAL
Colorado 17
UNLV 13 FINAL
Arizona 58
Penn State 7:30 AM
UCF
Troy 11:00 AM
UAB
(7) UCLA 11:00 AM
Virginia
Western Mich 11:00 AM
Purdue
(5) Ohio State 11:00 AM
Navy
Appalachian St 11:00 AM
Michigan
Ga Southern 11:30 AM
NC State
Boston College 2:00 PM
Massachusetts
West Virginia 2:30 PM
(2) Alabama
Rice 2:30 PM
(17) Notre Dame
(10) South Dakota St 2:30 PM
(24) Missouri
Fla Atlantic 2:30 PM
(22) Nebraska
California 2:30 PM
Northwestern
Marshall 2:30 PM
Miami-Ohio
UC Davis 3:00 PM
(11) Stanford
Arkansas 3:00 PM
(6) Auburn
(16) Clemson 4:30 PM
(12) Georgia
Liberty 5:00 PM
(23) North Carolina
Ohio U 5:00 PM
Kent State
Louisiana Tech 6:00 PM
(4) Oklahoma
Idaho 6:00 PM
Florida
Stephen F Austin 6:10 PM
(20) Kansas State
Fresno State 6:30 PM
(15) USC
Southern Miss 6:30 PM
Miss State
Texas-El Paso 7:00 PM
New Mexico
North Texas 7:00 PM
Texas
(1) Florida State 7:00 PM
Oklahoma State
(14) Wisconsin 8:00 PM
(13) LSU
South Dakota 9:30 PM
(3) Oregon
(25) Washington 9:30 PM
Hawaii
Utah State 8/31/14 6:00 PM
Tennessee
SMU 8/31/14 6:30 PM
(10) Baylor
Miami-Florida 9/1/14 7:00 PM
Louisville
Arizona 9/4/14 7:00 PM
TX-San Antonio
Pittsburgh 9/5/14 6:00 PM
Boston College
Washington St 9/5/14 9:30 PM
Nevada
Houston 3 FINAL
Sporting Kansas City 1
Ottawa 10 FINAL
Montreal 20
Winnipeg 8/31/14 3:00 PM
Saskatchewan
Toronto 9/1/14 12:00 PM
Hamilton
Edmonton 9/1/14 3:30 PM
Calgary
Brt Columbia 9/5/14 6:30 PM
Ottawa
Calgary 9/6/14 6:00 PM
Edmonton
Hamilton 9/7/14 12:00 PM
Montreal
Saskatchewan 9/7/14 3:00 PM
Winnipeg
Minnesota 71 FINAL
Phoenix 85
Connect with twitterConnect with facebookConnect with Google+Connect with PinterestConnect with PinterestConnect with RssfeedConnect with email newsletters

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

question of the day

Poll: How sure are you that the Twins are on the road to improving?

Weekly Question

ADVERTISEMENT

ADVERTISEMENT

 
Close