Rangers valued at $825 million by Forbes

Posted Wednesday, Mar. 26, 2014  comments  Print Reprints
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Five MLB teams have been valued at more than $1 billion by Forbes, but the Texas Rangers aren’t in that group yet.

They are the seventh-most valued team in baseball, though, coming in at $825 million. It’s been a steady climb the past few years for the Rangers, as the current ownership group led by Bob Simpson and Ray Davis purchased the club out of bankruptcy with a winning bid of $593 million in August 2010.

The $825 million is an eight percent increase from last season. According to Forbes, the Rangers’ revenue was $257 million last season and they were in the red in terms of operating income, losing $4.9 million.

As far as the team’s payroll, the Rangers are expected to be in the $135 million range this season.

The most valuable team remains to be the New York Yankees ($2.5 billion) followed by the Los Angeles Dodgers ($2 billion), the Boston Red Sox ($1.5 billion), the Chicago Cubs ($1.2 billion) and the San Francisco Giants ($1 billion). The Philadelphia Phillies ($975 million) are also ahead of the Rangers.

The least valuable team is the Tampa Bay Rays at $485 million.

Briefly

• Adrian Beltre on the team going into the season: “There’s no dobut we’ve been hit a little bit with a couple injuries lately, but we still believe in the guys who are going to step up and fill in until the other guys’ come back. It’s our job as a team to make sure we do our stuff right and try to fill those holes until everyone is healthy and ready to go.”

• Right-hander Scott Baker has agreed to a minor-league contract with the Rangers and will be in their Triple A rotation. The deal is pending a physical.

Drew Davison, 817-390-7760 Twitter: @drewdavison

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Orlando «105Final | Box
Charlotte100
Phoenix «122Final | Box
Philadelphia96
Detroit89Final | Box
Atlanta «99
Milwaukee83Final | Box
Toronto «124
Boston100Final | Box
Memphis «117
San Antonio «121Final | Box
Minnesota92
Brooklyn «94Final | Box
Oklahoma City92
Cleveland78Final | Box
Washington «91
LA Lakers106Final | Box
Dallas «140
New Orleans97Final | Box
Denver «117
Utah88Final | Box
Golden State «101
Chicago87Final | Box
Portland «105
Full Scoreboard
Week 12Full Scoreboard
Thursday
Kansas City20Final | Box
Oakland «24Gridiron Replay
Sunday
Cleveland 1:00 PM ET
Atlanta TV: CBS
Tampa Bay 1:00 PM ET
Chicago TV: FOX
Cincinnati 1:00 PM ET
Houston TV: CBS
Jacksonville 1:00 PM ET
Indianapolis TV: CBS
Green Bay 1:00 PM ET
Minnesota TV: FOX
Detroit 1:00 PM ET
New England TV: FOX
Tennessee 1:00 PM ET
Philadelphia TV: CBS
St. Louis 4:05 PM ET
San Diego TV: FOX
Arizona 4:05 PM ET
Seattle TV: FOX
Miami 4:25 PM ET
Denver TV: CBS
Washington 4:25 PM ET
San Francisco TV: CBS
Dallas 8:30 PM ET
NY Giants TV: NBC
Monday
NY Jets 7:00 PM ET
Buffalo TV: CBS
Baltimore 8:30 PM ET
New Orleans TV: ESPN
Full Scoreboard
Friday, November 21Full Scoreboard
NY Islanders «5Final(SO) | Box
Pittsburgh4
Boston «4Final(SO) | Box
Columbus3
NY Rangers0Postponed | Box
Buffalo0
New Jersey «2Final | Box
Edmonton0
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