Oakland A's value improves, revenue at $16M
Sacramento Business Journal - April 22, 2006
The Oakland Athletics -- the major-league parent of the Triple-A Sacramento Rivercats -- is valued at $234 million, No. 27 of 30 teams. Only the Florida Marlins, Minnesota Twins and the Tampa Bay Devil Rays rank lower, with each below $230 million.
But the A's are doing better, gaining 26 percent in market value from last year, according to the recently released report.
The magazine says the ballclub's annual revenue is $134 million, the 24th-lowest in the majors. However, the A's enjoyed operating income of $16 million, about half of the major-league best of $34.6 million for the Cleveland Indians but far from the money-losing operations of the free-spending New York Yankees ($50 million operating loss), Boston Red Sox ($18.5 million loss) and New York Mets ($16.1 million shortfall).
Despite the operating loss, the Yankees have the highest market value at $1.03 billion -- or about $400 million more than the Red Sox at No. 2.
The San Francisco Giants, the Bay Area's other major-league team, finished at No. 11 with a market value of $410 million. The Giants enjoyed operating income of $11.2 million on revenue of $171 million in 2005.
Team values increased an average of 15% for the second-consecutive season, with revenue of $12.1 million per team.