Dodgers Now Worth Twice As Much As Giants
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SAN FRANCISCO (CBS SF) – If watching the Los Angeles Dodgers catch, and then pass, the San Francisco Giants in the standings wasn’t insulting enough, now comes word that the LA team is quite a bit more valuable than the Giants, according to Forbes Magazine’s list of “The World’s 50 Most Valuable Sports Teams.
The Dodgers are the sixth most valuable franchise on earth, with a valuation of $2 billion. The Giants? They’re only worth half that. Don’t feel bad for them, they are one of only 38 teams worth at least a billion, only five of which are from Major League Baseball. Last year they barely made the list at #49. At that point they were valued at only $786 Million. Forbes credits the Giants’ strong attendance, even after a down year, for the high ranking in 2014.
By comparison, the Dodgers were worth $1.62 billion in 2013.
In all, 30 of the 50 spots on the list were NFL teams, with just the attendance challenged Jaguars and Raiders missing the list.
Other spots on the top 50 were dominated European professional soccer teams. Several of the highest profile MLB, NBA and NHL teams were sprinkled in there, but the A’s, Warriors and Sharks did not crack rankings. The 49ers were the #20th most valuable franchise overall, tops among Bay Area teams.