World Series Win Could Bring In $35M For Giants Franchise

SAN FRANCISCO (AP) -The Giants baseball success boosted the San Francisco economy while giving the city exposure on the national stage.

For the Giants themselves, the World Series success helped the team’s bottom line, as evidence by the truck loads of memorabilia rushed to AT&T Park immediately after the Giants clinched a postseason spot.

Vince Gennaro, a financial consultant to several Major League Baseball teams and the author of “Diamond Dollars: The Economics of Winning Baseball,” has developed an algorithm to predict the value of postseason success for each team.

He predicts the World Series victory will mean at least an additional $35 million in revenue for the team, including $10 million in revenue the extra six home games and additional memorabilia sales Gennaro estimates the Giants rang up in October.

(© CBS Broadcasting Inc. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed. The Associated Press contributed to this report.)

  • Ron

    The Giants had 7 home games. Not 6. Come on, now.

    • Chris Sabadlab

      2 homes games in nlds, 3 in nlcs and 2 in ws. Come on now!

  • frisco eddie

    Rowand’s and Zito’s salaries suck up 35 million like crumbs on the floor.

  • JT168

    I’m very happy for the Giants. They are a very generous organization, donating tickets to the community organizations to almost every game. It’s about time they make some money.

    • getyourfactsright

      those donated tickets are season ticket holder tickets that are donated by the season ticket holder when they aren’t used. The giants already were paid for the donated tickets.

    • Noisey

      You’re kidding right? $30 parking, $9 beers expensive tickets? At what point were the Giants not making money? The month after Bonds broke the record? The off season?

  • Juan Pardell

    Had marijuana been legalized years ago, the quantity smoked at the parade, and its subsequent sales & taxation, would have balanced the California budget.

  • Anne

    That is fantastic news for the Giants are now the most treasured team of San Francisco. The Giants are a mile better than the ‘New York’ Mets and even my favorite Yankees cannot overtake such mastery of the geniuses that are part of the profile of San Francisco Giants. I now have renewed favoritism and trust for the Giants since they are the most improved team in California’s history and their legendary status as the most treasured team that San Francisco has to offer is growing. Also the reserve of the win will now fund San Francisco’s economy and help secure San Francisco’s dominance in the major leagues for many years to come.

  • Concerned "employee"

    this is all great and all but reward your employees giants. the giants organization is not as great as everyone seems to believe. they pick and choose what employees to reward and dont treat them equally. larry baer has come out on the news talking about every employee is gonna receive a bonus from this championship however, he fails to mention that he is not referring to ALL employees, just the ones they deem worthy. its too bad that the ushers, janitors and security guards wont be beneffiting from this handsome sized cake. I guess we are not considered Giants Employees, we’re a seasonal staff eventhough we are there 365 days a week 24 hours a day….

  • Concerned "employee"

    ps. hey Giants, thanks for the championship t-shirt and hat… You sure showed us your appreciation…. and you can save your employee party. I thinks we’re done with being served old, stale hot dogs that were not sold during the year!!!!!!!!!

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