Reds ranked among least valuable MLB franchises by Forbes
CINCINNATI (WXIX) - Forbes ranked the Cincinnati Reds as one of the least valuable franchises in MLB.
The Reds’ value is $1.19 billion, which according to Forbes, ranks 26th out of 30 major league teams. Only the Oakland Athletics ($1.18B), Kansas City Royals ($1.11B), Tampa Bay Rays ($1.1B) and Miami Marlins ($990M) have a lesser value than the Reds.
Reds Valuation Breakdown:
According to Forbes, the majority of the Reds’ value (47.8%) is attributable to revenue shared among all teams. The lowest portion of the franchise’s value comes from the Reds brand (8.6%).
The one-year value change for the Reds is up by 10%, Forbes calculated. The 2020 season was not a full 162 game season due to the COVID-19 pandemic.
When comparing the last two full MLB seasons, the Reds’ 2021 revenue ($266M) is down from 2019 ($276M), per the calculation.
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