Cubs ranked in Forbes' Top 5 most valuable MLB teams


by - Senior Editor -
Discuss on the Baseball Message Board   Print   | CubsHQ Facebook ChicagoCubsHQ Twitter CubsHQ RSS Feed
Steve Mitchell - USA Today Sports
Steve Mitchell - USA Today Sports

The Chicago Cubs won the World Series for the first time since 1908 and now have become the fourth-most valuable franchise in the majors according to Forbes Magazine.

The Yankees were No. 1 on the list with an estimated worth of around $3.7 billion, followed by the Dodgers ($2.75 billion), Red Sox ($2.7 billion), and the Cubs ($2.2 billion).

The $2.2 billion valuation is a one-year increase of 22% from last year. Cubs President Tom Ricketts bought the Cubs for a record-breaking $845 million in July 2009. His investment is up more than 180%, counting for inflation.

"We always talked about it in the strategic plan that the business side and the baseball side would come together," Tom Ricketts told ESPN.com on Monday. "We're just really fortunate that, pretty much, all the right moves were made to make that happen. Everything we're doing off the field, everything we're doing on the field, everything we're doing to the field [has] all kind of come together."

The average major league team is worth $1.54 billion which is up 19% from a year ago. The major reason for the rise is digital and television rights which is bringing in added revenue streams.

Thanks for visiting CubsHQ.com. Follow our Facebook page to get updates on your news feed!
Send Feedback to Tony Crumpton: Email | Comment
Discuss on the Baseball Message Board   Print   | CubsHQ Facebook ChicagoCubsHQ Twitter CubsHQ RSS Feed
Loading...
Post your comments!
WATCH: Willson Contreras teaches catching, smacks BP homers at Wrigley Field
WATCH: Willson Contreras teaches catching, smacks BP homers at Wrigley Field
Commentary: Try not to suck with the National Anthem
Commentary: Try not to suck with the National Anthem
Cubs, Pirates to play in 2019 Little League  Classic
Cubs, Pirates to play in 2019 Little League Classic
WATCH: Schwarber takes away possible homer in extras
WATCH: Schwarber takes away possible homer in extras
Commentary: Keep running Chatwood out there
Commentary: Keep running Chatwood out there
WATCH: Highlights of Cubs versus Pirates, featuring several pivotal defensive plays
WATCH: Highlights of Cubs versus Pirates, featuring several pivotal defensive plays
Cubs need to find pitching after latest Darvish news
Cubs need to find pitching after latest Darvish news
Cubs, Pirates make history in riveting finale of low-scoring series
Cubs, Pirates make history in riveting finale of low-scoring series
WATCH: Baez helps Cubs pull off clutch double play to stay alive
WATCH: Baez helps Cubs pull off clutch double play to stay alive
Sign Up for E-Mail News Alerts
Features
Breaking
Daily Digest